Major Science Initiatives Fund - Oversight Framework

The purpose of this oversight framework is to: • Outline the CFI’s approach to overseeing the facility as well as the policies and requirements that guide that oversight • Set out the CFI’s expectations regarding governance and management of the facility including the adoption of key indicators • Help multiple funding partners align oversight requirements to reduce both the duplication of efforts. [...] Under the supervision of the Director of Programs and the Associate Director for Research Facilities, the Programs Officer will be responsible for the oversight of the facility and will act as the point of contact for the facility and administrative institution. [...] We consider various risk factors, such as the value of the CFI contribution and the in-kind contributions, the complexity of the facility, and the CFI’s experience with both the project and the institution. [...] The reviews will also provide an assessment of: • The overall impact of funding from the MSIF on the scientific excellence of the research enabled by the facility • The research outcomes and impacts • The governance, management and operations of the facility, with an emphasis on the facility’s areas for improvement as identified by the committees that reviewed the funding proposal. [...] For distributed facilities, an interinstitutional agreement between the administrative institution, the other institutions and the facility must be in place to specify the roles and responsibilities of each party in the management of the funds.