All Mount Sinai faculty are required to submit personal consulting/service agreements to the Office of Industry Engagement and Conflicts of Interest (“COI Office”).
Prior to submission, please make sure your agreement contains the following:
- A term for the agreement
- For a general agreement, the term cannot exceed one year. It may be renewable upon review.
- For a Master Service Agreement (an umbrella agreement), the term cannot exceed three years. However, for each activity, there will need to be an approved Statement of Work.
- A fair market hourly rate
- Scope and Services clearly defined (in accordance with Mount Sinai policy, faculty cannot perform research, engage in promotional activities, or Mount Sinai facilities beyond de minimis use)
Medical-legal consulting agreements and CME speaker’s agreements do not require approval from the COI office, only approval from the department chair.
All personal consulting agreements should be submitted to the Office of Industry Engagement and Conflicts of Interest via email (Conflicts.of.Interest@mssm.edu) with ATTN: Personal Consulting Agreement as the subject line.
Agreements will be reviewed by the COI office for adherence to Mount Sinai’s institutional policies. MSIP or legal reviews may also be required.
The Mount Sinai addendum (Uniform Provisions for Consulting) must be accepted by the company (sponsor) and included, unmodified, with all agreements. Once the agreement and Uniform Provisions are signed and finalized, the faculty must complete the Attestation of Compliance and forward the document to their supervisor (Division Chief or Chair) for final review and approval.
Forms and Guidance Documents:
Uniform Provisions for Consulting (Addendum)
Attestation of Compliance (“Attestation Form”)
BOD and C-suite Request Guidelines
Founders and Equity Owners – Consulting Request Guidelines
Faculty Agreements – Quick Reference Guide
For more information and guidance on the management of conflicts of interest in research and in business, please visit: