The Institute recruits high level, highly respected, well established members of the Cancer Research, Product Development, or Cancer Prevention communities for appointments to Scientific Research and Prevention Programs Committees to conduct Peer Review of Grant Applications. The Institute may pay an honorarium to a Scientific Research and Prevention Programs Committee Member, pursuant to the Institute's honoraria policy.
  (1) The honoraria policy shall be set by the Chief Executive Officer in consultation with the Oversight Committee and updated from time to time as necessary upon written notification to the Oversight Committee. Changes made to the honoraria policy must be supported by written justification.
  (2) Honoraria rates paid by the Institute must be based upon the responsibilities, hours committed, and hourly rate commensurate with the expertise and professional background of the Scientific Research and Prevention Programs Committee Members.
  (3) The honoraria policy may provide a comparison to honoraria and related compensation paid by other similar grant-making organizations to ensure that honoraria payment rates are reasonable and competitive for the value the Institute receives.
  (4) Minimum documentation requirements for honoraria payments shall be set forth in the honoraria policy.
  (5) The Institute's honoraria policy shall be publicly available.

Source Note: The provisions of this §701.15 adopted to be effective March 2, 2014, 39 TexReg 1380