To what terms and conditions must the AO agree before approving the application?

The terms and conditions are as follows: 

• Administrative Official (AO) acknowledges PCORI’s contractual mechanism to be a contract and not a grant, and affirms that Applicant Institution is able to accept the contract terms and conditions without alteration.
• I hereby certify that, to the best of my knowledge, the information in this PCORI application is true and accurate.
• I understand that the discovery of false or fictitious information included in the application may result in rejection from the review process or termination of an award.
• I certify that the funds applied for will be used as outlined in the proposed budget, and in accordance with the contract terms and conditions.
• To the best of my knowledge, none of the Key Personnel and/or collaborating institutions is or are currently banned from receiving federal funds due to debarment or engagement in research misconduct.
• By submitting this application, I attest that I am recognized by my institution as an official authorized to enter into contractual agreements and commit institution resources.