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- Project/proposal is well-defined, but normally
there is no formal agreement.
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Well-defined, legally binding statement
of work, obligations, and responsibilities
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No specific deliverables except for progress
/final reports
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- Specific deliverables defined
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-
Flexible time frame; may have milestones, but
no detailed schedule of work
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Detailed work schedule with milestones, including date
for final deliverables
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Generally lump-sum payments (i.e., not a
reimbursable basis); investigator fees normally ineligible
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- Investigator fees may be included in budget
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- Freedom to publish; intellectual property
belongs to investigator
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May have some restrictions on publication;
intellectual property normally owned by UNB or its
researchers, with the option
to license granted to the sponsor
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Payments generally based on invoicing
and may be subject to performance;
holdbacks normally apply
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- Usually no overhead recovery (sometimes
called an administration fee)
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- Overhead recovery mandatory
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