Fixed PriceGrant Agreement

Between

[NAME OF SPONSOR]

And

The Arizona Board of Regents, University of Arizona

This Agreement is entered into between [NAME OF SPONSOR] (“Sponsor”) and The Arizona Board of Regents, University of Arizona (“University”) in support of “PROJECT TITLE OR FELLOWSHIP NAME” (see Attachment #1 for the Scope of Work). The Grant Agreement is subject to the following terms and conditions:

  1. The Principal Investigator for the project will be:
  2. The Period of Performance for the project will be:
  3. The amount of Funding (see Attachment #2 for the Budget) for the project will be: $ payable upon execution or as outlined in the payment/milestone schedule in Attachment #2. Invoices will be administered by Sponsored Projects Services and shall be sent to:

[SPONSOR MAILING ADDRESS and email address]

  1. Payment shall be made to the University within 30 days of receipt of invoice. Payment shall be sent to:

University of Arizona, Acct#

Sponsored Projects Services/Bursar’s Office

1303 E. University Blvd, Box 3

Tucson, AZ 85719-0521

  1. Technical Reports will be provided by the Principal Investigator to Sponsoras required by the Scope of Work with the final report to be provided within 60 days of the end of the grant period.
  2. Administrative Notices shall be sent to: Sponsored Projects Services, PO Box 210158, Rm 510, Tucson, AZ 85721-0158 or
  3. Each party shall be responsible for its negligent acts or omissions and the negligent acts or omissions of its employees, officers, or directors, to the extent allowed by law.
  4. Either party may terminate this agreement with thirty days written notice.
  5. This Agreement shall be interpreted pursuant to the laws of the State of Arizona.
  6. The parties are required to comply with laws governing equal employment opportunity, nondiscrimination, and immigration.
  7. The University shall retain any Intellectual Property that it develops during the course of the project.
  8. The University shall be free to publish the findings of the project.
  9. Any modification to the above understandings shall be in writing and signed by authorized individuals of both parties.
  10. In the event of a dispute hereunder that involves the sum of Sixty-Five Thousand Dollars ($65,000) or less, in money damages only, exclusive of interest, costs and attorneys' fees, the parties shall submit the matter to arbitration.

In Witness thereof, the Parties execute this Agreement as of the date written above.

The Arizona Board of Regents, University of ArizonaSponsor

Name:DateName:Date
Title:Title: