Subaward Agreements:Subaward Agreement • October 2nd, 2018
Contract Type FiledOctober 2nd, 2018A Subaward Agreement (also referred to as sub‐contract, transfer of funds, sub‐grant agreement, inter‐institutional agreement) is a legally‐binding agreement which provides funds to another entity (“Subrecipient”) for the purposes of carrying out a portion of the scope of the work described in the proposal/contract. A subaward agreement binds all parties to the originating sponsor’s requirements, regarding: financial administration (account management, record keeping, use of research funds, reporting, etc.), responsible conduct of research (ethics, research integrity, etc.), as well as intellectual property, governance, ownership of equipment, etc.