Replace Phone Field into the Commercialization Agreement and eSign it in minutes

Aug 6th, 2022
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How to Replace Phone Field into the Commercialization Agreement

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hello everybody and welcome to the 2022 intellectual property speaker series presented by the mit technology licensing office and mit libraries todays session is called commercialization of mit technology im deirdre zamet and ill be presenting today with my colleague lauren foster and im also here with my colleague colleague amelia mcgowan is going to be one of the moderators the seminar is being recorded and will be available online shortly please look at the chat for additional information about the format of this session and we thank you for joining and i will hand over the presentation to my colleague lauren for us to start talking about the commercialization of mit technology excellent thanks deirdre and welcome all uh appreciate your joining us this afternoon um my name is lauren foster im the associate director of the mit technology licensing office uh just a few words about myself i have a technical training in the life sciences and after my doctorate ive been pursuing va

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Of the 21 terms and conditions in 52.212-4 (paragraphs (a) thru (u)), all but seven terms may be tailored. Among the terms the contracting officer is given the flexibility to tailor are paragraphs 52.212-4(l), Termination for the Governments Convenience, and 52.212-4(m), Termination for Cause. 1 FASA, section 8002.
Part 12 of the FAR ensures that contractors and government alike avoid the time-consuming and formal process of a fully negotiated procurement process for (1) purchases of a relatively small value, or (2) where the goods and services are already available in general commerce.
Q: What is a commercial item? A: ing to Part 2 of the Federal Acquisition Regulation (FAR), a commercial item is any product or service that is customarily used by the general public or nongovernmental entities for nongovernmental purposes.
Identifying the Item/Service An important step in the process is defining the item or service. A commercial item determination should clearly document the description of the item/service, part number and National Stock Number (NSN) if available, and include the purpose and overall form, fit, and function.
Answer. Good question. COTS items are a subset of commercial items and are generally acquired using the same FAR Part 12 procedures that non-COTS commercial items are. However, COTS items are not typically subject to modification whereas commercial items can be modified and not lose their commercial item status.
An agreement between two entities to collaborate on commercializing one or more products incorporating one partys patentable technology, know-how, or other intellectual property (IP).
(1) Any item, other than real property, that is of a type customarily used by the general public or by non-governmental entities for purposes other than governmental purposes, and (i) Has been sold, leased, or licensed to the general public; or.
ing to the Federal Acquisition Regulation (FAR), a Commercially available Off the Shelf (COTS) item is any item of supply (including construction material) that is a commercial product, sold in substantial quantities in the marketplace, and offered to the government.

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