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What is the meaning of cooperative contract?

A cooperative contract is an agreement between a local, state, regional, or federal government and businesses. The contract secures affordable rates and establishes delivery terms on goods that many agencies or offices need to have.

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

A cooperative agreement is a hybrid between a contract and a grant. While its purpose is typically similar to a grant in that it focuses on increased scientific knowledge, the sponsor takes a more active role as a partner to the research, rather than just a funder.

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

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.

What is cooperative agreement?

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.

What is the abbreviation for a cooperation agreement?

While COOPAG is the most common abbreviation, some legal professionals also use COOPAGRMT as an alternative shorthand for Cooperation Agreement.

What is a joint cooperation agreement?

Cooperation Agreements. Introduction. A Cooperation Agreement is a contract by which two or more parties commit to work together in one or more areas of business activity, usually regarding a specific product or business service.

What is cooperation 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.

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