Overview
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PURPOSE
GlycoSurf requires Principal Investigators (PIs) and Key Personnel on a sponsored
project to disclose a listing of significant financial interests (and those of their spouse and dependent children) that could be reasonably expected to bias the design, conduct, or reporting of the project. All PIs, Co-PIs and Key Personnel listed in a proposal for external funding must complete a disclosure form before expenses can be charged to an award.
POLICY STATEMENT
The primary goal of the Financial Conflict of Interest (FCOI) regulations is to promote objectivity in research by establishing standards that provide a reasonable expectation that the design, conduct, and reporting of research funded under PHS grants, cooperative agreements and contracts is free from bias resulting from Investigator financial conflicts of interest. Institutions engaged in research funded by the PHS are required to develop an FCOI policy that is maintained and enforced and meets or exceeds the current Federal regulatory requirements. This policy applies to each Investigator, as defined by the regulation, who is planning to participate in or is participating in PHS funded research.
DEFINITIONS
1. Institution means any domestic or foreign, public or private, entity or organization (excluding a Federal agency) that is applying for or receives NIH research funding.
2. Investigator means the project director or principal Investigator and any other
person, regardless of title or position, who is responsible for the design, conduct, or reporting of research funded by the NIH, or proposed for such funding, which may include, for example, collaborators or consultants.
3. PHS means the Public Health Service of the U.S. Department of Health and Human Services, and any components of the PHS including the NIH. PHS Awarding Component means the organizational unit of the PHS that funds the research that is subject to this subpart.
4. Research means a systematic investigation, study or experiment designed to
develop or contribute to generalizable knowledge relating broadly to public health.
The term encompasses basic and applied research and product development (e.g., a diagnostic test or drug).
5. Significant Financial Interest (SFI) is a financial interest consisting of one or
more of the interests listed in Appendix A of the Investigator (and those of the
Investigator’s spouse and dependent children) that reasonably appears to be related to the Investigator’s institutional responsibilities.
6. Financial Conflict of Interest (FCOI) is an SFI that could directly and significantly
affect the design, conduct, or reporting of NIH-funded research.
7. Senior/Key Personnel are Senior/key personnel means the PD/PI and any other
person identified as senior/key personnel by the Institution in the grant application, progress report, or any other report submitted to the PHS by the Institution under the regulation.
Note: Different definition than the NIH Grants Policy Statement
8. Small Business Innovative Research (SBIR) and Small Business Technology
Transfer (STTR) programs and/or awards. The revised 2011 regulation does not apply to Phase I SBIR/STTR applications, but the revised 2011 regulation does apply to Phase II SBIR/STTR applications/awards.
9. Manage means taking action to address an FCOI, which can include reducing or
eliminating the FCOI to ensure, to the extent possible, that the design, conduct and reporting of research will be free from bias.
10. Disclosure refers to the Investigator's disclosure of Significant Financial Interests (SFI) to their Institution.
11. Report refers to the Institution's report of identified FCOIs to the NIH.
INSTITUTIONAL RESPONSIBILITIES
1. Institutions must establish standards that provide a reasonable expectation that the design, conduct and reporting of NIH-funded research will be free from bias resulting from Investigator financial conflicts of interest.
2. Maintain an up-to-date, written, enforced policy that complies with the FCOI
regulation and make available via a publicly accessible Web site.
3. See list of specific requirements in APPENDIX B.
I
NVESTIGATOR RESPONSIBILITY
1. Complete FCOI training
a. Prior to beginning of PHS funded research
b. At least every 4 years thereafter
c. When Institution changes policy or in cases of non-compliance of the
investigator
2. Complete FCOI disclosure form
NON-COMPLIANCE
Retrospective Review
1. Whenever an FCOI is not identified or managed in a timely manner, including failure by the Investigator to disclose an SFI, failure by the Institution to review or manage an FCOI, or failure to comply with the management plan, the institution shall within 120 days of the determination of noncompliance, complete a retrospective review of the Investigator’s activities and the project to determine bias in the design, conduct or reporting of such research.
2. Notify NIH promptly and submit a Mitigation Report when bias is found.
3. See APPENDIX C for report formats.
APPENDIX A
SIGNIFICANT FINANCIAL INTERESTS (SFIS)
1. With regard to any publicly traded entity, a significant financial interest exists if the value of any remuneration received from the entity in the twelve months preceding the disclosure and the value of any equity interest in the entity as of the date of disclosure, when aggregated, exceeds $5,000. For purposes of this definition, remuneration includes salary and any payment for services not otherwise identified as salary (e.g., consulting fees, honoraria, paid authorship); equity interest includes any stock, stock option, or other ownership interest, as determined through reference to public prices or other reasonable measures of fair market value;
2. With regard to any non-publicly traded entity, a significant financial interest exists if the value of any remuneration received from the entity in the twelve months preceding the disclosure, when aggregated, exceeds $5,000, or when the Investigator (or the Investigator’s spouse or dependent children) holds any equity interest (e.g., stock, stock option, or other ownership interest); or
3. Intellectual property rights and interests (e.g., patents, copyrights), upon receipt of income related to such rights and interests.
4. Investigators also must disclose the occurrence of any reimbursed or sponsored travel (i.e., that which is paid on behalf of the Investigator and not reimbursed to the Investigator so that the exact monetary value may not be readily available), related to their institutional responsibilities, provided, however, that this disclosure requirement does not apply to travel that is reimbursed or sponsored by excluded sources provided in regulation.
SFI EXCLUSIONS:
1. Salary, royalties, or other remuneration paid by the Institution to the
Investigator if the Investigator is currently employed or otherwise appointed by the Institution;
2. Intellectual Property Rights assigned to the Institution and agreements to share
in royalties related to such rights;
3. Any ownership interest in the Institution held by the Investigator, if the
Institution is a commercial or for-profit organization;
4. Income from investment vehicles, such as mutual funds and retirement
accounts, as long as the Investigator does not directly control the investment
decisions made in these vehicles;
5. Income from seminars, lectures, or teaching engagements sponsored by a
federal, state or local government agency, an Institution of higher education as
defined at 20 U.S.C. 1001(a), an academic teaching hospital, a medical center, or a
research institute that is affiliated with an Institution of higher education; or
6. Income from service on advisory committees or review panels for a federal,
state or local government agency, Institution of higher education as defied at 20 U.S.C. 1001(a), an academic teaching hospital, a medical center, or a research institute that is affiliated with an Institution of higher education.
APPENDIX B
INSTITUTIONAL RESPONSIBILITIES
1. Maintenance of Records
a. Maintain records of all Investigator disclosures of financial interests and the
Institution’s review of, and response to, such disclosures (whether or not a
disclosure resulted in the Institution’s determination of FCOI) and all actions under the Institution’s policy or retrospective review, if applicable, for at least
three years from the date of submission of the final expenditures report
2. Application Certification - certify in each application for funding that the
Institution:
a. Has in effect an up-to-date written and enforced administrative process to
identify and manage FCOIs related to all PHS research projects
b. Shall promote and enforce Investigator compliance with the regulation
pertaining to disclosure of SFI
c. Shall manage FCOIs and provide initial and ongoing FCOI reports to PHS/NIH
d. Agrees to make information available upon request relating to any
Investigator disclosure of financial interest and the Institution’s review of, and
response to, such disclosure, whether or not the disclosure resulted in the
Institution’s determination of an FCOI
e. Fully comply with the requirements of the regulation
3. Designated Institutional Official(s)
a. Designate an Institutional Official(s) to solicit & review disclosure statements
from each Investigator planning to participate in, or is participating in,
PHS/NIH-funded research
b. Provide guidelines to identify conflicting interests related to proposed or
PHS/NIH-funded research
c. Develop management plans that specify the actions that have been, and shall
be, taken to manage FCOI
4. Inform Investigators
a. Inform each Investigator of the Institution’s policy and his or her “disclosure”
reporting obligations, including SFIs and time frames
b. Identifies an Institutional official(s) to determine the existence of conflicting
interests and to take actions to ensure that they will be managed, reduced, or
eliminated
5. Investigator Training - Institutions must require that each Investigator complete
FCOI training
a. Prior to engaging in research related to any NIH funded project
b. At least every four years, and immediately when any of the following
circumstances apply:
i. Institution revises its policy in a manner that affects the investigator;
ii. When an investigator is new to the institution
iii. When the institution finds an Investigator is not in compliance with the
Institution’s policy or management plan
6. Investigator Disclosure of SFIs (including subrecipient Investigators)
a. Require that each Investigator planning to participate in PHS/NIH-funded
research to disclose to the designated official(s) at time of application
b. Require each Investigator to submit an updated disclosure of SFI at least
annually during the period of the award
c. Require each Investigator who is participating in the NIH-funded research to
submit an updated disclosure of SFI within thirty days of discovering or
acquiring (e.g., through purchase, marriage, or inheritance) a new SFI
7. Management of FCOIs
a. Take necessary actions to manage any FCOIs of its Investigators, including
those of subrecipient Investigators
b. Develop a management plan(s) and monitor compliance
c. If Institution identifies an SFI that was not disclosed or reviewed in a timely
manner, the designated official(s) shall within sixty (60) days review the SFI,
determine if an FCOI exists and implement an interim management plan, if
needed
d. In cases of non-compliance, complete a retrospective review and submit a
Mitigation Report if bias is found
8. FCOI Reporting
a. Provide initial and ongoing FCOI reports to NIH
i. Prior to the expenditure of funds
ii. During the period of award - within 60 days of identifying a new FCOI
b. Annually
i. Report on the status of FCOI and any changes in management plan
ii. Due at same time as when grantee submits annual progress report,
including multi-year progress report, or at time of extension
c. All FCOI reports are submitted to NIH through the eRA Commons FCOI Module
i. FCOI reports for NIH-funded research contracts should be sent to the NIH
Office of Acquisition Management and Policy at fcoicontracts@mail.nih.gov
ii. System allows institutions to:
1. Initiate and send FCOI Reports to NIH electronically through the
eRA Commons FCOI Module
2. Revise or update a previously submitted FCOI report (future
enhancement)
3. Submit a Mitigation Report when bias is found (future
enhancement)
4. Search previously created records
5. Edit a previously submitted record
6. Respond to a request for additional information
7. Rescind a previously submitted record
8. View history of actions
9. Institutional Signing Officials must assign FCOI roles to users in eRA Commons
9. Elements of an FCOI Report
a. Grant number
b. PD/PI or contact PD/PI
c. Name of Investigator with the FCOI
d. Name of the entity with which the Investigator has an FCOI
e. Nature of FCOI (e.g., equity, consulting fees, travel reimbursement, honoraria)
f. Value of the financial interest $0-4,999; $5K-9,999; $10K-19,999; amts
between $20K-100K by increments of $20K; amts above $100K by increments of
$50K or a statement that a value cannot be readily determined
g. A description how the financial interest relates to NIH-funded research and
the basis for the Institution’s determination that the financial interest conflicts
with such research
h. Key elements of the Institution’s management plan
10. Subrecipient Requirements
a. Incorporate as part of a written agreement terms that establish whether the
FCOI policy of the awardee Institution or that of the subrecipient will apply to
subrecipient Investigators and include time periods to meet SFI disclosure, if
applicable, and FCOI reporting requirements
b. Subrecipient Institutions who rely on their FCOI policy must report identified
FCOIs to the awardee Institution in sufficient time to allow the awardee
Institution to report the FCOI to the PHS/NIH Awarding Component (i.e., to NIH
through the eRA Commons FCOI Module) to meet FCOI reporting obligations
11. Public Accessibility of FCOIs
a. Prior to expenditure of funds, make certain information concerning FCOIs held
by senior/key personnel publicly accessible via a Web site or (if no website)
provide written response within five business days of a request
i. Update the website annually and within 60 days of identifying any new
FCOIs when posting FCOIs to website
ii. Retain information for three years
b. Information to be made publicly available includes the following:
i. Investigator’s name;
ii. Investigator’s title and role with respect to the research project;
iii. Name of the entity in which the SFI is held;
iv. Nature of the SFI; and
v. Approximate dollar value of the SFI (dollar ranges are permissible: $0-
$4,999; $5,000-$9,999; $10,000-$19,999; amounts between $20,000-
$100,000 by increments of $20,000; amounts above $100,000 by
increments of $50,000), or a statement that the interest is one whose value
cannot be readily determined through references to public prices or other
reasonable measures of fair market value
APPENDIX C
RETROSPECTIVE REVIEW REPORT
1. Documentation of the key elements of a retrospective review
a. Project number;
b. Project title;
c. PD/PI or contact PD/PI if a multiple PD/PI model is used;
d. Name of the Investigator with the FCOI;
e. Name of the entity with which the Investigator has an FCOI;
f. Reason(s) for the retrospective review;
g. Detailed methodology used for the retrospective review (e.g., methodology of
the review process, composition of the review panel, documents reviewed);
h. Findings and conclusions of the review
2. If results of the retrospective review warrant, update previously submitted FCOI
report
MITIGATION REPORT
1. If bias is found through retrospective review, notify the NIH Awarding Component promptly (through the eRA Commons) and submit a Mitigation Report
2. Key Elements
a. Key elements documented in retrospective review
b. Description of the impact of the bias on the research project
c. Plan of action(s) to eliminate or mitigate the effect of the bias
d. Thereafter, submit FCOI reports annually
