Post-Award
OSP is responsible for administering any necessary negotiations and acceptance of awards. In the case of an approved contract or cooperative agreement, OSP obtains the required signatures. Funded proposals are managed by OSP and the SWOSU Grants and Contracts Accountant. Modifications to an area as defined in the award usually require approval from the Funding Agency. The Principal Investigator (PI) shall submit a request to OSP for any significant change in the award. This includes significant changes in use of funds.
The PI is responsible for conducting the research and for proper management of funds and personnel. The Office of Management and Budget (OMB) Circular A-110 addresses regulations applicable to financial assistance awards made to Institutions of Higher Education and OMB Circular A-133 addresses Audits of Institutions of Higher Learning. (Links to Circulars A-110 and A-133 may be found at “OMB Circulars” on the OSP web page.) The Grants and Contracts Accountant can assist the PI with financial matters. At the end of the grant period, the PI must submit a final narrative report to OSP within 30 days of the budget ending date. Usually a final financial report will be required by the Grants and Contracts Accountant for proper dissemination to the agency.