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How to Highlight Cooperative Agreement

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In this video, Veronica from Michigan Medical School's Office of Research explains key aspects of cooperative agreement funding mechanisms, specifically the NIH U-type grant. She highlights the significant role of funding agency staff in these agreements, contrasting them with typical grants such as NIH R-type grants. Understanding these differences is essential for applicants. Cooperative agreements aim to support investigator-driven research, requiring more scientific and administrative involvement from funding agency staff compared to standard grants. Veronica will frequently reference NIH cooperative agreements throughout the presentation to illustrate these points.

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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.

What are the types of agreements?

Types of Agreements Letter of Intent (LOI) A Letter of Intent (LOI) is a non-binding statement that acknowledges intent to explore the possibility of collaboration. Memorandum of Understanding (MOU) Memorandum of Agreement (MOA)

What is the difference between a cooperative agreement and a contract?

Cooperative agreements also provide assistance, but with substantial sponsor involvement, typically described in a set of specific terms. The basic purpose of a contract is to procure tangible good and services through an acquisition.

What is the most important document for a cooperative?

Once the leadership has determined the statute to use as the legal authority for a cooperative, the first document prepared is the articles of incorporation (articles). It is the acceptance of the articles by the State that establishes the cooperative as a unique person under the law.

What are the example of an agreement?

Agreement examples Technically speaking, any arrangement that includes two or more parties and a common intent is an agreement. An example of an agreement between two parties is when one person offers to share the cost of rent, a second person accepts it, and they become flatmates.

What are the benefits of a cooperative agreement?

The most obvious advantage of cooperative contracts is a standard price procured for all agencies operating under the contracting government. The reduced price is based on economies of scale benefits achieved with higher volume across all government offices, as opposed to each purchasing independently.

What is an example of a cooperative agreement?

Cooperative Agreement means a signed contract between the department and another party, for example, a health care provider. This contract allows the department to pay the health care provider for providing services to IA CFY program participants.

What does cooperative agreement mean?

Cooperative Agreement Definition A cooperative agreement reflects a relationship between the U.S. Government and a recipient and is used when the governments purpose is to assist the intermediary in providing goods or services to the authorized recipient.

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