7.0 Research Contracting with Industrial Entities/Sponsors

7.0 Research Contracting with Industrial Entities/Sponsors s1polics

Corporate & International Contracting (OSP) is your home for all industry-sponsored research activities, both in the U.S. and abroad. We review all sponsored research proposals, negotiate terms and conditions, and execute the contracts. In addition, Corporate & International Contracting (OSP) can assist with preparation of proposal materials, including the statement of work, budget, forms, and agreements. We work with Georgia Tech researchers and industry partners to ensure that agreements are in accord with university policies and procedures as well as federal regulations and requirements.

7.1 Intellectual Property Terms in Industry Contracts

7.1 Intellectual Property Terms in Industry Contracts
Type of Policy
Administrative
s1polics
Policy No
RESEARCH 7.1
Effective Date
Last Revised
Review Date
Policy Owner
Sponsored Programs, Office of
Contact Name
Cynthia Hope
Contact Title
Associate Vice President for Research Administration
Contact Email
cindy.hope@osp.gatech.edu
Policy Statement

Georgia Tech Research Corporation asserts a right of ownership to any intellectual property that was developed by an employee of Georgia Tech or resulted from significant use of Georgia Tech resources, even in research projects sponsored by industry. However, GTRC has worked hard to create and establish mechanisms that enable companies to easily obtain access to the project IP on fair and reasonable terms with minimal negotiations.

Scope

This policy applies to all Georgia Tech Faculty and Staff.

Policy History
Revision Date Author Description
12-31-2013 GTRC-IE Rev 1.0

7.2 International Collaboration

7.2 International Collaboration s1polics

7.4 IP and Licensing

7.4 IP and Licensing s1polics

7.5 Advance Payments

7.5 Advance Payments
Type of Policy
Administrative
s1polics
Policy No
RESEARCH 7.5
Effective Date
Last Revised
Review Date
Policy Owner
Sponsored Programs, Office of
Contact Name
Cynthia Hope
Contact Title
Associate Vice President for Research Administration
Contact Email
cindy.hope@osp.gatech.edu
Policy Statement

It is the policy of Georgia Tech that an advance payment is required on all industrial projects with industry sponsors. This advance payment is required because it usually takes several months from the start of a project until receipt of the first payment. The amount of the advance payment is usually 25% of the total project cost. However, if the sponsor has a bad credit rating, a higher amount (up to the full project cost) may be required. The sponsor is notified of this advance payment requirement in the proposal transmittal letter. The amount of the advance payment is cited in the payment clause of the contract. An invoice for the advance payment is transmitted by the Program Initiation Division Contracting Officer with the proposal. The advance payment is applied against the final invoice for the project, and any funds remaining are returned to the sponsor. This policy does not apply when the industrial sponsor has a prime government contract under which Georgia Tech will be a subcontractor.

Scope

This policy applies to all Georgia Tech Faculty and Staff.

Policy History
Revision Date Author Description
12-31-2013 GTRC-IE Rev 1.0