Please
review the following announcement concerning a policy change effective July 1,
2013. As stated below, the policy is not retroactive and, as such, does
not apply to submitted proposals or to anticipated future year funding for
awarded multi-year projects.
Please
contact the Tiger Team at tigerteam@missouri.edu
or the Truman Team at 882-7560 with questions.
The Conflict of Interest Committee has approved the
following policy regarding fixed priced agreements. All proposals for
research agreements and other sponsored activities meeting the criteria below
must be in compliance with the policy no later than July 1, 2013. The
policy is not retroactive and will apply to proposals submitted after
the end of the fiscal year.
All research agreements and other sponsored
activities with companies in which a University employee, a University
employee’s spouse, and/or a University employee’s dependent child(ren) has a
significant interest must be processed as a cost reimbursable agreement.
A significant interest includes, but is not limited to, an equity interest in
the company, a chief operating role with the company, and/or a consulting
relationship with the company. There is a rebuttable presumption that it
is an unmanageable conflict of interest to execute fixed price agreements with
these companies. If there are extenuating circumstances in which a fixed
price agreement is needed, prior approval must be obtained from the Conflict of
Interest Committee.