In a cooperative agreement, EPA has substantial involvement in conducting project activities. The responsibilities shared between EPA and the recipient are clearly outlined and accepted before the agreement is awarded.
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.
Economic Partnership Agreements (EPAs)
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.
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.
Cooperative agreements will be legally binding agreements in document form. (4) Other requirements specified in the application.
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.
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.