Subawards and Service Agreements: Budgeting, Monitoring and Managing Flexibility

Location: Virtual Understand the differences between subawards and service agreements and learn how to properly budget, document, monitor and manage each throughout the life of an award. Learning Objectives: By the end of the session, participants will be able to: Distinguish among subawards, service agreements, consultants, and independent contractors.Select the appropriate agreement based on the nature of the work.Identify required documentation and budgeting considerations.Explain the principal investigator’s monitoring responsibilities.Understand how agreement changes are handled after an award begins. Who Should Attend: Principal investigators, grant administrators and research staff.