PI Award Responsibilities
The principal investigator has several responsibilities when managing an award.
- Execute the project as outlined in the funded proposal and the terms and conditions of the award.
- Authorize only those expenditures that are reasonable and necessary to accomplish the project goals and that are consistent with the sponsor’s terms and conditions.
- Spend no more than the amount authorized by the sponsor for the project period.
- Carry out the project’s financial plan as presented in the funded proposal.
- Notify SPA of any proposed changes in the scope of work, the PI or other key research personnel, the budget, or the period of performance.
- Follow all applicable University policies and procedures such as travel, purchasing, employment, contracted services, and compensation policies.
- Assure that cost-sharing or matching commitments are fulfilled and reported to Grant and Contract Accounting in a timely manner.
- Assure that effort reporting (Personal Activity Confirmations) are accurately, completely, and timely reported by the department.
- Oversee the care and maintenance of property procured with project funds in accordance with sponsor guidelines.
- Report any intellectual property development which relates to the project to Innovation and Economic Development in accordance with policies.
- Report project progress, including final reports as required by the terms of the award.
- Review project expenditures regularly and in a timely fashion to assure they are correct and appropriate.
- Comply with all sponsor rules, regulations, and terms and conditions of the award.