What happens if the Foundation and the research organisation can come to an agreement?
If either party is only partially satisfied with the final proposal, based on the quality assurance process or other factors, the three main options are: • Settle on a shorter term (one to three years) contract with a review planned for the end to potentially extend the contract. • Agree on a transitional contract (one to two years) to wrap up the contract. • Contract only a small amount of the full scope, either on a short-term or transitional basis, with the remaining funds returning to the medium-term contestable pool for that research area.