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How to Save Cooperative Agreement

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Veronica from Michigan Medical School's Office of Research explains the key aspects of cooperative agreement funding mechanisms, specifically NIH U-type grants. The video highlights the vital role of funding agency staff and outlines best practices for applying for these agreements. Unlike typical grants, such as NIH R-type grants, cooperative agreements require applicants to understand the increased involvement of funding agency staff in scientific and administrative processes. The purpose of these agreements is to support investigator-driven research. Viewers are cautioned to be well-informed before applying for a cooperative agreement award.

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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 are the advantages and disadvantages of cooperative?

Many business cooperative advantages are disadvantages when the circumstances are slightly different. Advantage: Lower Costs. Marketing costs money. Disadvantage: Less Operational Control. Advantage: Further Marketing docHub. Disadvantage: Fixed Pricing. Competition Advantages and Disadvantages.

What are the disadvantages of a cooperative?

Disadvantages of a co-operative include that: members have equal voting rights regardless of investment - which may not suit an investor-driven business. legal limits on payments of dividends on shares may not suit an investor-driven business.

What are the advantages of using a cooperative agreement?

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.

What is a save contract?

The Strategic Alliance for Volume Expenditures (S.A.V.E.) is a consortium of local governmental agencies across the State of Arizona, who have agreements allowing other member agencies to utilize each others contracts.

What is a cooperative agreements?

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 are the two types of cooperative contracts?

Cooperative Contracting True Cooperatives - Two or more organizations combine their requirements and solicit bids or offers for goods or services. Piggybacking - One or more organizations represent their requirements and include an option for other organizations to ride or bridge the contract as awarded.

What are the pros and cons of cooperative agreements?

The pros of this purchasing model include the lowest possible prices due to guaranteed demand. Disadvantages include the inability to predict and commit to specific schedules and requirements. It may also be hard to agree on common requirements in the contract.

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