What are NJIT grant or contract life-cycle steps?
• PI works-out proposal /budget /match with Office of Sponsored Programs (OSP). • PI gets NJIT approvals on proposal /budget /match. • OSP sends to proposal to sponsor (e.g., via FASTLANE to NSF). • Sponsor sends notice of award to OSP. • OSP sends notice of award, budget interpreted in NJIT object codes, and “Request to Add/Modify Cost Center Attributes” to Grant and Contract Services (GCS). • PI works with OSP on subaward agreement(s), consulting agreement(s). • PI gets NJIT approvals on subaward or consulting agreement(s). • GCS sets up account in FRS, in conjunction with General Accounting. • GCS budgets funds, in conjunction with Budget Department, according to NJIT-approved budget plan developed by the PI and OSP. • GCS sends award letter to PI(s), with acct number, noting special terms, time frame and deliverables. • PI sends agreement(s) for ratification by subawardee or consultant. • PI works on project and manages the funds in the FRS, to comply with the terms of the award. P
