4300 Investigator Significant Financial Interest Disclosure

Original Date: 3/1/1998 * Last Revision Effective: 9/11/2012
Policy Contact: Vice President, Administrative Services

Policy

This document defines policies, effective April 1, 1998, regarding conflicts of interest related to projects funded by the National Science Foundation. This policy and procedures are intended to protect the credibility and integrity of faculty and staff members and ensure public trust and confidence in college sponsored activities.

Effective October 1, 1995, the National Science Foundation (NSF) mandated that recipients of their awards (grants, contract and cooperative agreements) manage, reduce, or eliminate any actual or potential conflict of interest that may be presented by a financial interest of an investigator. The college requires that investigators disclose any significant interest that may represent an actual or potential conflict of interest related to research or educational activities.

Summary of Process

The NSF rules and Bellevue College implementing procedures are especially sensitive to minimizing further complications in the proposal submission and award negotiation processes. A conflict of interest must be disclosed and acknowledged at the Bellevue College proposal review and submission stage. Review of the conflict shall not be initiated by the vice president of administrative services until after the proposal is transmitted to the sponsor. The review must reach a conclusion for eliminating or managing the conflict before any expenses are incurred under the award. In the even the vice president of administrative services concludes that the conflict cannot be eliminated or managed, the proposal must be modified or withdrawn.

All institutional reports and other formal communications with external sponsors concerning conflicts of interest are handled by the vice president of administrative services or designee.

Definitions

Conflict of interest

  • occurs when there is a divergence between an individual’s private interest and his/her professional obligations to the college such that an independent observer might reasonable question whether the individual’s professional actions or decisions are distorted by considerations of personal gain.

Investigator

  • means the principal investigator, co-principal investigators, and any other person who is responsible for the design, conduct, or reporting of research or educational activities funded, or proposed for funding, by an external sponsor. The term also includes the Investigator’s spouse and dependent children.

Relevant Laws and Other Resources

Revision History

Original 3/1/1998
Revisions 5/10/2005; 5/21/2009; 9/11/2012

Approved By

President’s Staff