Insert Fileds in the Cooperative Agreement and eSign it in minutes

Aug 6th, 2022
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How to Insert Fileds in 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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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 a Cooperation Agreement? A Cooperation Agreement is a formal document that you might use to outline the basic terms of business with another company or individual. You might also see these referred to as a Memorandum of Understanding. However, there are usually subtle differences between the two document types.
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.
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.
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.
Your Business Cooperation Agreement should include details like: the names of the parties involved; the purpose, goals and objectives of this agreement; the date and initial term of the agreement; each partys responsibilities; any additional warranties or promises; how many days each party has to correct any problem;
Cooperative contracts also known as cooperative procurements or cooperative agreements are agreements between the government and businesses, created in order to lower the costs of procuring goods or services that multiple entities commonly need.

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