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A Cooperative Research and Development Agreement (CRADA) is a written agreement between a private company and a government agency designed to collaborate on a project. It serves as a principal mechanism for federal laboratories to engage with non-federal partners, facilitating technology transfer. The CRADA provides flexibility, adapting to various collaborative efforts between federal and non-federal organizations, and can be implemented quickly. This tool is effective for transferring federally funded research and development into the private sector, promoting innovation and practical applications of government-funded projects.