Negotiating and Accepting an Award

Objective: Understand the negotiation and MIT acceptance process after a proposal has been approved by RAS, submitted to the sponsor, and accepted for funding by the sponsor.

Awards are reviewed and, if necessary, negotiated by the appropriate Institute official to ensure the terms and conditions are acceptable to the Institute. As needed, RAS consults with the principal investigator (PI), department/laboratory/center (DLC) administrators, and other administrative offices, such as the Technology Licensing Office or the Office of General Counsel. The negotiation process ranges from a few days to several months.

For more information on industrial collaborations and agreements, see Industrial Collaborations and Agreements.

Key Factors in Award Negotiation and Acceptance: