Preliminary discussions on a sponsored project can begin long before an industrial partner is ready to create an SRA. However, before the OIE can develop a SRA project, the project`s principal investigator (PI) must first submit a proposal for a draft revision and approval to the OIE. A proposal must include at least one work account, a project budget and a budget statement. Additional information and documents may be requested during the proposal review process. If the sponsor and IP wish to move forward with the proposed project, an ASA project will be developed, including the approved establishment and budget, as well as the agreed amount of funding, the payment plan and all known core intellectual property rights of the PN/COP. A sponsor may accept the use of the university`s standard SRA (Cost Reimbursable) or a standard SRA (fixed price). In other cases, the parties may find it advantageous to develop negotiated key terms. However, the university, as an agency of the State of Texas, has certain restrictions on the applicability of certain contractual conditions. Those interested can get more information about university-sponsored research by reading the Principles – Policies for Sponsored Activity Guide. IsPs and potential private sponsors can contact the OIE for more information on university-sponsored research projects. A Sponsored Research Agreement (SRA) is a contract between the university and a sponsor for the financing and completion of research at the university. A SRA can be implemented by financing utilities (for example.
B private companies) or non-profit (state or government government, foundations, etc.) Sponsors are supported. The Office of Industry Engagement (OIE) facilitates the negotiation of SRAs, funded exclusively by private sector for-profit sponsors. The Office of Sponsored Projects is responsible for negotiating SRAs when a portion of the funding to support the research project is obtained by a non-profit organization. For example, a public or federal agency, a non-profit foundation or foundation or an alliance. Sponsored research agreements usually contain terms for areas such as:.