A cooperative agreement is a hybrid between a contract and a grant. While its purpose is typically similar to a grant in that it focuses on increased scientific knowledge, the sponsor takes a more active role as a partner to the research, rather than just a funder.
Two or more organizations combine their requirements and solicit bids or offers for goods or services. One or more organizations represent their requirements and include an option for other organizations to “ride” or “bridge” the contract as awarded.
Cooperation Agreements. Introduction. A Cooperation Agreement is a contract by which two or more parties commit to work together in one or more areas of business activity, usually regarding a specific product or business service.
A cooperative agreement is a hybrid between a contract and a grant. While its purpose is typically similar to a grant in that it focuses on increased scientific knowledge, the sponsor takes a more active role as a partner to the research, rather than just a funder.
The purpose of a grant is to provide assistance; there is generally little involvement by the sponsor, and the award instrument refers to general terms and conditions. Cooperative agreements also provide assistance, but with substantial sponsor involvement, typically described in a set of specific terms.
A cooperative agreement is another form of financial aid. The granting agency and the grantee work together to carry out the purpose of the award. Contracts are financial transactions. Federal agencies buy property or services for their direct benefit or use from a service provider.
CCA Global Partners is the largest privately held purchasing co-op with more than 3000 locations. Examples of purchasing co-ops include Ace Hardware, CCA Global Partners and National Cooperative Purchasing Alliance.
Cooperative purchasing is an arrangement in which multiple businesses combine their buying requirements onto a single contract and aggregate volume to enhance their purchasing power.
A cooperative contract is an agreement between a local, state, regional, or federal government and businesses.