This page is dedicated to providing support in working with industrial / private sponsors.
All contracts must be negotiated by the contract team & signed by the Assistant Vice President for Sponsored Programs Administration. These are for reference only. Please contact your pre-award adminstrator if you are interested in sending this to a sponsor.
(Updated 3/11/2009)
Fixed Price
Cost Reimbursement
Attachment B - Intellectual Property Terms & Conditions (required for all standard agreements)
OSP realizes that a lot of industrial sponsorship is born out of a PI's relationship with the sponsor.If discussions with a potential industrial sponsor reach the point of negotiation (other than technical), we ask that you notify the appropriate OSP personnel. We will provide service and support in negotiating the terms and conditions. As a state entity that is non-profit there are several terms and conditions that we cannot agree too that are commonly found in agreements with industrial sponsors. Additionally, we would advise that if you are fairly comfortable with the potential industrial sponsor than we would assist you in providing a copy of our standard research agreement. Secondly, we may already have a "Master Agreement" in place with the sponsor and therefore would not need to negotiated terms. Thirdly, many smaller companies do not have a standard agreement and we advise that they use ours.
Virginia Tech has a standard "generic" research agreement that should be used in all industrial sponsorship. We would prefer to start our negotiations with an industrial sponsor on our own terms and conditions.