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This is a contract to provide funding for a specific research project or set of projects within College. It may be funded by a company, government body, charity or other body, and will contain terms and conditions governing the conduct of the project, as well as obligations incumbent upon the College and the funder.
Research agreements typically outline what the parties intend to research, what kind of performance metrics are expected from both parties, compensation structure, and ownership rights of the intellectual property and proprietary information developed during the project.
This is a contract to provide funding for a specific research project or set of projects within College. It may be funded by a company, government body, charity or other body, and will contain terms and conditions governing the conduct of the project, as well as obligations incumbent upon the College and the funder.
A master research agreement (MRA) defines the terms and scope for a single sponsor to fund multiple research projects over a long period of time.
Types of Agreements Grant. Financial assistance for a specific purpose or specific project without expectation of any tangible deliverables other than a final report. Cooperative Agreement. Contract. Memorandum of Understanding. Non-Disclosure Agreement. Teaming Agreement. Material Transfer Agreement. IDIQ/Master Agreement.
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The three most common contract types include: Fixed-price contracts. Cost-plus contracts. Time and materials contracts.
An agreement under which one party (Provider) agrees to give a second party (Recipient) materials for use for a specified research or academic purpose. The agreement defines the rights, obligations, and restrictions for both the Provider and Recipient with respect to the materials being exchanged.
Sponsored Research Agreement (SRA): An agreement directly with a for-profit company providing funding for a pre-clinical or non-clinical research project. An SRA may be supported by funding from for-profit (e.g., private industry) or nonprofit (state or federal government, foundations, etc.) sponsors.

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