A subgrant (or subaward) is a formal written agreement made between New York University (NYU) and a third party or subrecipient (also known as the subgrantee). A portion of the award is performed by the subrecipient’s personnel, using its own facilities and resources. A subgrant is a legally binding agreement that will include terms consistent with the prime award.
Federal regulations require the prime to actively monitor the activities of subgrantees in order to ensure compliance with award requirements.
At NYU, the Principal Investigator (PI) has the authority to decide when a subrecipient relationship is necessary to further the objectives of the sponsor award. The PI works closely with the Contract Office in the Office of Sponsored Programs (OSP) to develop and negotiate the subrecipient agreement. Moreover, the PI is responsible for monitoring the subrecipient’s programmatic progress and compliance with the requirements of the subaward agreement.
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The PI is responsible for determining the need for a subaward for the sponsored project. Please make sure to follow these guidelines:
Proposals should include:
The PI must monitor the subrecipient’s programmatic and financial performance, including the statement of work and reviewing all invoices. Also, the Department must process any modifications to subawards through the Purchasing system.
Subawards should be closed out in a timely manner. Final technical and financial reports as well as a final invoice are required to close the subaward. Departments should ensure subrecipient submits a final invoice to NYU, generally, no later than 60 days after the end of the sub-award period.