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Can the 700-U and 740 forms be used interchangeably?

April 26, 2017forms interchangeably Used

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Can the 700-U and 740 forms be used interchangeably?

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No. The 700-U is a State-mandated form required to be completed by Principal Investigators when support for research through gifts or contracts or grants is received from non-governmental entities. The 740 form was developed to comply with federal regulations, which have different disclosure thresholds. The 740 form is used by both Principal Investigators and Key Personnel for awards from PHS (including NIH), NSF, and ONR, and from certain UC programs and non-profit foundations. The 740 form is also used by Key Personnel participating in awards sponsored by non-governmental entities.