The acceptance of an award, once official notification has been received, represents a formal obligation by the University. Therefore, the PI and Sponsored Programs Administration must review the provisions of each offer BEFORE acceptance. The PI should ascertain that the scope of work and budget are consistent with his/her proposal and review the schedule for reporting progress and receiving funds.
Award documents requiring a signature for acceptance are to be signed by a Drake University Authorized University Official, either the Vice President for Business and Finance or Associate Vice President for Business and Finance. The PI may not make commitments on behalf of the University. This procedure will help to ensure that the various liability, tax, legal and cost issues will be addressed before the University is committed.
If the PI receives financial forms or information regarding the filing of financial reports, this information must be forwarded to SPA. In many cases the PI will be the only one to receive such documents.