Office of Sponsored Programs / Resources / Frequently Asked Questions
Should I contact OSP prior to negotiating with an industrial sponsor?
What agreement do we use for industrial support?
What is the difference between a fixed priced and cost reimbursable contract?
What things should we negotiate out of industrial contracts?
Is overhead ever waived for industrial support?
How do I process a no-cost extension on an industrial account?
What happens if the sponsor fails to pay?
What happens if expenditures exceed the revenue?
Should payments be linked to deliverables?
How does OSP know if an industrial sponsor is solvent and will be fiscally responsible?
What are Teaming Agreements or Master Agreements?
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Office of Sponsored Programs
North End Center -
300 Turner Street NW - Suite 4200
Blacksburg, VA 24061