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.
Like a grant or cooperative agreement a Federal Contract is an instrument used by the Federal Government to provide funding for research and development projects. However, unlike a grant or cooperative agreement, the Federal Government uses contracts as a procurement mechanism.
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.
Noun. Co-operative agreements, in the context of B2B SaaS partnerships, are formal agreements between two or more entities that aim to create a collaboration and drive mutual growth through strategic alliances.
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.
A cooperating broker agreement is an agreement frequently used in the real estate industry. A cooperating broker is a broker who is not the listing broker. However, the cooperating broker finds a buyer for the listed property.
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.