Oregon Grant Agreement

State:
Multi-State
Control #:
US-ENTREP-0038-2
Format:
Word; 
Rich Text
Instant download

Description

Grant agreement is a legal instrument of financial assistance between a Federal awarding agency or pass-through entity and a non-Federal entity. The Grant Agreementis a written document memorializing the terms and conditions of an Award granted pursuant to the Plan and shall incorporate the terms of the Plan.
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FAQ

A cooperative agreement reflects a relationship between the U.S. Government and a recipient and is used when the government's purpose is to assist the intermediary in providing goods or services to the authorized recipient.

By contracting with an agency it means you signed a legally binding agreement to provide a product or service that satisfies the needs of the relevant agency. Grants often allow the small business and PI to work on completing their R&D at their own pace.

The grant provides funding to more than 30,000 Oregon resident students each year. OOG is a need-based grant awarded to Oregon residents of all ages who are pursuing their first associates degree or bachelor's degree at an eligible public or private institution.

Essentially, a contract is a legally binding document in which the parties make promises to deliver a product or service in exchange for consideration (usually money.) A grant on the other hand is when one party grants funds to another party to do something, in reasonable hopes that the task can be accomplished.

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.

It serves as a binding document that defines the responsibilities of districts and the state from the determination of the amount of eligible state funding to the reporting of all project funds, including any savings achieved.

It serves as a binding document that defines the responsibilities of districts and the state from the determination of the amount of eligible state funding to the reporting of all project funds, including any savings achieved.

Cooperative Agreements establishes cooperative multi-state contracts where participating states may join together to achieve cost-effective and efficient acquisition of quality products and services.

Share: Like grants, cooperative agreements are funding mechanisms used by the Federal Government. The main difference between a grant and a cooperative agreement is that a cooperative agreement involves ?substantial staff involvement? from a federal agency.

4 Things You Need to Know Before Signing That Grant Agreement Check the tone of your grant agreement. ... The purpose of the grant must be, on its face, charitable. ... Be clear on the type of support that's being awarded. ... State explicitly what is (and isn't) permitted and expected during the grant term.

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Oregon Grant Agreement