Cooperative Agreement Form In Virginia
Description
Form popularity
FAQ
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.
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.
Regardless of the specific content, ensure your agreements always contain the following from a structural perspective: The purpose of the cooperation. Details of all parties. Details of the cooperation. Duties of all parties. Payment structure. Term and termination. Confidentiality clause.
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.
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.
Economic Partnership Agreements (EPAs)
Cooperative agreements will be legally binding agreements in document form. (4) Other requirements specified in the application.
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.
