Easily Hide Value Choice to the Cooperative Agreement

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How to Hide Value Choice to the Cooperative Agreement

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hi everyone my name is veronica from michigan medical schools office of research and the purpose of this video is to walk through some of the most important details of a cooperative agreement funding mechanism such as an nih-u-type grant this brief video will discuss the substantial role of the funding agency staff as well as the best practices when applying for a cooperative agreement importantly cooperative agreements are very different from typical grant funding mechanisms like nih-r-type grants and it is crucial that you know exactly what youre getting into before you choose to apply for a cooperative agreement award essentially the purpose of a cooperative agreement is to support and stimulate investigator-driven research therefore funding agency staff will have a much greater degree of scientific and or administrative involvement in cooperative agreements than they would with a standard grant like an r01 as a note throughout this presentation i will often reference nih cooperat

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How is a cooperative agreement different than a grant?

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.

What is a no cost extension USAID?

called a No-Cost Extension)When the recipient requests an extension to the agreements period of performance, either to complete program activities that were delayed through no fault of the recipient or to carry out additional activities within the projects scope using unspent funds.

What is a cooperative agreement?

A legal instrument (award) of financial assistance between a sponsor and a recipient. The purpose is to transfer something of value to carry out a public purpose and not to acquire property or services. It is not cash, subsidy or a loan.

What is Grants Gov no cost extension?

NIH Standard Terms of Award include the provision for grantees to extend the final budget period of a previously approved project period one time for a period of up to 12 months, without additional NIH funds, and without prior approval.

What is an example of a no cost extension request?

Dear (fill in name of Grants Management Specialist/Administrator): We would like to request an additional (fill in number of months up to twelve) no cost extension for (fill in PIs name). If approved, the new ending date will be (fill in the new date).

What does a no cost extension mean?

A no-cost extension extends the project period beyond the original project end date. As the phrase no cost suggests, there is no additional funding.

What are the benefits of a cooperative agreement?

A cooperative is generally able to negotiate lower prices for goods and services than any of the single members in the collective. By leveraging this purchasing power, members are able to take advantage of superior pricing.

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Hide Value Choice to the Cooperative Agreement