Terms and Conditions of the Award

Every award comes with terms and conditions on the award which frequently accompanies the PIs Award Notice. All federal awards are governed by general federal rules and regulations. Some awards have terms and conditions that are specific to the sponsoring agency or grant mechanism. It is important for PIs to familiarize themselves with these terms and conditions so they know how to manage the award and comply with the rules and regulations governing that award. For example, the PI should know the regulations involving changes to the original proposal (e.g. rebudgeting, no-cost extensions, carrying funds from one year to the next) and reporting requirements and procedures during the award period. OSP and RFS staff can assist the PI in determining the terms and conditions of their particular award.

Questions? Contact OSP