The University of Colorado Boulder encourages scholarship and research that lead to commercial and consulting activities. Such activities, however, have the potential to lead to conflicts of interest, which may have adverse effects for students, employees, and the university.
WHY do conflicts of interest or commitment matter?
It is part of the University’s mission to protect the integrity of instruction and scholarly and research endeavors. Disclosure and management of potential conflicts of interest and commitment is also required by federal and state laws and regulations.
What happens if a conflict of interest or commitment is identified?
The Compliance Director for Conflicts of Interest and Commitment will work with the reporting individual and his/her chair/director to develop a plan to manage the conflict. Once the management plan has been agreed upon, the reporting individual, the chair/director and the dean/vice chancellor will sign a Memorandum of Understanding (MOU) that embodies the management plan.
Are there ramifications of failure to comply?
Failure to submit a DEPA, or other violations of the Conflict of Interest and Commitment Policy and Procedures, can put an individual researcher, his/her research project(s), the associated department and the university, as a whole, at risk for sanctions. Therefore, disciplinary action as described in the Policies and Procedures may be employed to help mitigate infractions. Note, research review committee approvals cannot proceed until requirements are met; grant awards and contract monies cannot be released; speedtypes may be frozen.
What are the requirements regarding COIC reporting? The requirements and instructions for reporting can be found in the Getting Started section of the COIC module.