Cooperative Agreement Form In Washington
Description
Form popularity
FAQ
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 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.
Like a grant or cooperative agreement, a federal contract provides funding from the federal government for sponsored projects. Unlike a grant or cooperative agreement, the federal government uses contracts as a procurement mechanism.
In a grant, the federal government provides oversight and monitoring but is not directly involved in the project. In a cooperative agreement, federal employees participate more closely in project activities, often working side-by-side with the grantee.
With contracts, USAID purchases goods and services from a contractor to implement an Activity as directed by the Agency. Contracts are announced through Requests for Proposals (RFPs). With grants and cooperative agreements, the Agency provides funds to a recipient for a public good and has limited direct involvement.
Requirements for Companies to Be FAR Compliant The FAR applies to companies with U.S. federal contracts or subcontracts for goods and services (other than commercial off-the-shelf items) to be acquired outside the U.S. with an estimated value of more than $500,000 USD.
The FAR is the set of rules governing the federal government's purchasing process, it is jointly issued by DoD, GSA, and NASA and applies to most agencies in the Executive Branch.
FAR only governs contracts with the agencies of the Executive branch. Contracts with the Legislative branch and the judicial branch come under separate regulations. Contracts with the Legislative branch (i.e., Congress) are governed by the Congressional Budget Office (CBO).
Strategic alliances are cooperative agreements between potential or actual competitors. The term is often used to embrace a variety of agreements between actual or potential competitors including cross-shareholding deals, licensing arrangements, formal joint ventures, and informal cooperative arrangements.
The FGCAA specifically prohibits federal agencies from using Cooperative Agreements to acquire property or services for the direct benefit or use of the federal government. This distinction is what separates Cooperative Agreements from “procurement contracts” or “acquisitions” bound by the FAR.
