Assistance with initial award / account setup

The award document is considered an official agreement of the scope of work, the amount the sponsors/grantor/company will provide, and other terms and conditions that governs the project. Some documents need to initiate award/account set up grants/contracts includes:

• Title or description of the award (e.g., contract, grant, subaward, clinical trial)
• Type of activity (research, training, other)
• Budget/project period
• Variances from period or amount proposed
• Sponsor general and program-specific terms/conditions
• Reporting requirements
• Payment terms
• Restrictions on use of funds
• Any compliance restrictions (e.g., human subjects, animal subjects)
• Award beginning and ending dates
• Dollar amount of award/contract/endowments
• The terms of payment, e.g., letter of credit or invoicing
• Financial invoicing/reporting requirements
• Cost sharing or matching expectations (if applicable)

Depending on the sponsors/grantors/company other documents may be required based on the awards/contracts.