Common Contracts
1 similar Sub-Award Agreement contracts
There are two types of sub-award arrangements:Sub-Award Agreement • March 11th, 2015
This agreement binds USI to a larger proposal submitted by another institution. The prime award is made to another institution, and then a portion of it is distributed to USI to complete specific tasks as a part of the larger project. When USI is a sub-awardee this award is treated like a prime award for financial and non-financial award management. All sub-awards must go through the USI OSPRA approval process and are subject to the same terms that prime awards maintain. Facilities and administrative (F&A) costs for sub-awards are based on USI’s negotiated rate of 51%, not the host institution’s rate.
