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After the award comes in, it will still take ORS a little while to set
up a financial account. Here's a brief description of what happens.
Grants, contracts, collaborative agreements, and corporate sponsored
research agreements. So what's the difference?
The terms and conditions of an award define the relationship between
the sponsor and the University, clarifying each party's obligations. Each
federal agency has its own set of T&Cs, so knowing where to look for
the answer to your questions is half the battle.
The purpose of pre-award spending is not simply to start a project early,
but rather to make expenditures which would facilitate beginning the project
on the specified start date.
During the course of the project, you may need to make changes in the
award. For instance, you may need to make adjustments in the budget, or
make changes in key personnel. Here's how.
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