New Web-based tool available for disclosure of individual financial interests related to sponsored projects

July 25, 2011

The recently updated University policy on Individual Financial Conflicts of Interest (X.2.3) requires that investigators participating in sponsored projects disclose any significant financial interests that may present an actual or potential conflict of interest in relationship to externally sponsored projects.

All investigators (i.e., persons responsible for the design, conduct and/or reporting of research findings) must complete and sign a simple Financial Interest Statement within one week of transmittal of any proposal to Sponsored Program Services (SPS) for submission to an external sponsor. To facilitate this process for investigators, the Office of the Vice President for Research has developed a Web-based application to collect the Financial Interest Statement (FIS) and related disclosures.

Investigators on research proposals will be notified by SPS via email that they need to fill out their FIS using the online, Web-based application. Investigators will use their Purdue career account login and password to access their online forms. This new Web-based FIS tool can be accessed by investigators remotely using a computer with Internet connection or by smartphone, iPad, or PDA with Internet access.

Any investigator who indicates in an FIS the existence of a "significant financial interest" related to proposed research or instructional activities must complete and sign the Research Related Significant Financial Interest Disclosure Form and submit the signed form to the "university responsible official" in the Office of the Vice President for Research within 30 days of submission of the proposal to an external sponsor. Disclosures of research related significant financial interest should be submitted to Dr. Peter E. Dunn, Associate Vice President for Research, Office of Research Integrity and Regulatory Affairs, Hovde Hall, Room 335.

The Office of Research Integrity and Regulatory Affairs will contact individuals who disclose significant financial interests to gather additional information necessary to assess potential conflicts of interest and draft a conflict of interest management plan, when necessary. 

More information regarding this process can be found at Disclosure of Significant Financial Interests for Investigators Submitting Proposals to External Sponsors on the OVPR website.