Conflict of Interest

As a part of the grant/contract application process, the Principal Investigator must positively state on the External-Funding-Proposal-Cover-Sheet-2020 that there is an absence of a financial or other interest or affiliation held by them or a member of their immediate family in the sponsoring organization or in companies from which goods and services will be obtained under the outside supported activity. This statement must also cover any co-investigators and other grant/contract-supported staff at UMW.

Should it be that the case there is a conflict of interest, the individual must disclose that conflict by completing the Statement of Economic Interest form.

For purposes of submitting an external grant application from UMW to an external sponsoring entity, the proposer must submit the Statement of Economic Interest form if he or she (or any member of the immediate family) has a significant financial conflict of interest in the project, defined as $10,000 or 3% ownership or a $10,0000 income per annum from the proposed granting entity.

For additional guidance on the details of this requirement, the Vice President for Administration and Finance or the Office of the President.