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Glossary of Terms


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APPLICATION

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

A request for financial support of a project/creative activity, submitted in accordance with the funding sponsor's instructions. Types of applications include:

Preapplication – A summary statement of the intent of the applicant to request Federal funds. Used to determine the applicant's eligibility, determine how well the proposed project can compete with other similar applications, and eliminate any proposals that have little or no chance for Federal funding before applicants incur significant expenditures for preparing an application.

New application – A request for financial or direct assistance for a project or program not currently receiving financial assistance.
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Noncompeting Continuation Application – A request for financial or direct assistance for a second or subsequent budget period within a previously approved project period.

Renewal/Competing Continuation Application – A request for financial or direct assistance to extend, for one or more additional budget periods, a project period that would otherwise expire. Competing continuation applications compete with other competing continuation, competing supplemental, and new applications for funds.

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Supplemental Application – A request for an increase in support during a current budget period for expansion of the project's scope or research protocol or to meet increased administrative costs unforeseen at the time of the new, noncompeting continuation, or competing continuation application.
AWARD Assistance to accomplish a specific purpose.
BUDGET Expenditures for a project or activity.
BUDGET PERIOD

The interval of time (usually 12 months) into which the project period is divided for budgetary and funding purposes.
CATALOG OF FEDERAL DOMESTIC ASSISTANCE A catalog listing all Federal assistance programs by number.


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CONFLICT OF INTEREST

Disclosures of financial interests of faculty and family must be made by PIs and others having decision-making authority over conduct of work.
CONSULTANT








A person, outside of the grantee organization, employed on a sponsored project on a "work-for-hire" basis for the purpose of obtaining professional or technical advice. Like subcontractors, consultants operate as independent contractors without detailed supervision. Unlike subcontractors, most often they should participate on a "work-for-hire" basis. A consultant has no rights to what he/she produces. OU employees cannot act as consultants on OU proposals.

CONSULTING AGREEMENT



A form of subcontract issued for services too urgent, special, temporary or highly technical to be provided by existing university staff. Consulting agreements are not issued to procure "substantive programmatic work."
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CONTRACT



The principal purpose is to acquire property or services for direct benefit or use. The project is conceived and procured by the agency. The agency exercises direction or control and closely monitors the project.
COOPERATIVE AGREEMENT

A funding agreement used when the principal purpose is to transfer something of value to a recipient to accomplish a public purpose.
COST SHARING










Costs of project not paid by the sponsor; sharing of costs by the applicant, usually more than a token amount (i.e., more than 1%). Cost sharing is normally on grants, not on contracts. Preferred sources are academic year time and effort along with associated fringe benefits on the contributed salary, computer time, and associated indirect costs. Cost sharing always requires departmental and college approval. Only the Vice President for Research can contribute indirect costs. Cost sharing to a for-profit entity is prohibited by Oklahoma state law.
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