1
Faculty Consulting
Supporting faculty in professional consulting opportunities.
On January 5, 2026, the non-clinical Faculty Consulting Program transitioned from CU Medicine to CU Anschutz Innovations. This change is designed to maintain the exemplary service currently provided while leveraging new tools and resources to improve efficiency, transparency, and deal quality for both faculty members and administrative staff.
Innovations was charged with prioritizing two things in the transition to manage the non-clinical faculty consulting program: maximizing value and improving efficiency.
We are moving the process from ContractLogix to Ironclad, a new contract lifecycle management software. This new platform offers improved transparency and tracking, customizable dashboards, automated approval tasks. We are also excited to be innovative partners on campus, using our intellectual property expertise to maximize IP value and maintain strong industry partnerships.
Existing agreements stay with CU Medicine through June 30, 2026. If billing continues beyond June 30, 2026, the agreement with get amended and transferred to Innovations. Existing rates will remain in place.
Any new agreements, including amendments, renewals, or new scopes of work, after January 5, 2026 will be submitted to Innovations.
How the Process Works
2
Department completes the submission form in Ironclad
3
A Contract Review Associate will be in touch with the department via a notification in Ironclad (within ~48 business hours of submission)
1
CU Anschutz Innovations will handle negotiations with the counterparty and route the agreement accordingly.
2
Each department will review and approve
3
Everyone — the faculty member, department, and counterparty — will receive automated status updates along the way.
1
Once approved by departments, the Contract Review Associate will route for signatures.
2
After contract execution, the provider may begin work.
1
When the work is complete, providers will let their department know.
2
Department staff signals CU Anschutz Innovations in Ironclad to invoice.
3
CU Anschutz Innovations receives funds and distributes according to departmental and/or campus policies.
4
Department finance staff will receive monthly reports.
NOTE: For all contracts signed through Ironclad with CU Anschutz Innovations, you may use the university's W9.
Resources
For those with an Ironclad account, access here. Account access limited.
Access the Ironclad User Guide here.
This form allows faculty to "forfeit" income or earnings for use in funding appropriate mission-related expenses. Please complete by June 30th (Prior to Incentive Earnings Period) using the directions below:
- Download form and save to your computer
- Open form in Adobe Acrobat
- Fill out form, sign, and date at the bottom
- Once filled out and signed, click on the submit button at the bottom of form
- An email will open in Outlook with your completed form attached, click send to send the email and form to CU Anschutz Innovations inbox
Unrelated Business Income Tax (UBIT)
This document defines UBIT and its impact on consulting activities, and provides additional information and resources.
Policy on Management of Non-Responsive Counterparties
This document outlines the standardized procedure for managing consulting agreements where the external counterparty becomes non-responsive. The policy aims to ensure the efficient use of University resources and the timely progression of contractual matters.
Team
Finance
Not Sure Where to Go for Your Consulting Activity? Check Out This Guide:
| TYPE OF WORK | DESCRIPTION | EXAMPLES | PREVIOUSLY | FUTURE |
|---|---|---|---|---|
| CONSULTING AGREEMENTS | A faculty member is requested to give intellectual advice/opinion or providing support, but not patient care Does not apply to academic opportunities such as invited grant rounds, textbook or journal editorial roles | Speaker at an industry conference, advisory board member, research study advisor, product development consultant | CU Medicine | CU Anschutz Innovations *beginning January 5, 2026 |
| CLINICAL | A faculty member is providing patient care outside a managed care contract | UCH, UCHA, CHCO, DHHS, VA agreements, community clinic work, clinical lab agreements | CU Medicine | CU Medicine |
| MED/LEGAL | A faculty member is providing professional opinion for attorney, judge, or admin agency for an ongoing or contemplated judicial process | Testimony/expert at a trial, record review for a legal case, deposition, Independent Medical Exam | CU Medicine | Faculty/Department *change in effect as of October 1, 2025 |
| GRANTS AND CONTRACTS | A faculty member utilizing University facilities and equipment and conducted with financial and/or other valuable support from an external sponsoring entity | Includes any sponsored projects (both research and non-research), including all grants, as well as fee for service and revenue contracts. | Office of Grants and Contracts (OGC) | Office of Grants and Contracts (OGC) |
| CLINICAL TRIALS AND CDAS | A faculty member is engaged in industry funded research involving human subjects or is sharing confidential information with an external partner before a potential study | Industry sponsored clinical trial agreements involving human subjects, Confidentiality Disclosure Agreements (CDAs), Non-Disclosure Agreements (NDAs) | Clinical Research Admin Office (CRAO) | Clinical Research Admin Office (CRAO) |
Don’t see what you need in this list? For all contract types, click here.