Will a sponsor be required to have cash on hand when they sign the FCSA?
The FCSA provides that within 15 days of execution, the non-federal sponsor must provide $25,000 for initiation of the study, with
the requirement to provide additional funds if needed to develop the Project Management Plan. For studies which there is already a
PMP, as well as once the PMP is developed for new start studies, the non-federal sponsor must provide its proportional funding
and/or in-kind contributions consistent with federal funding. (May 2015)