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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. It is not cash, subsidy or a loan.
A Cooperation Agreement is a formal business document outlining the basic terms of your agreement with another individual, group or entity. Also called a Memorandum of Understanding or cooperation contract, it's one of the first steps toward a more detailed contract.
Hear this out loud PauseA cooperative agreement reflects a relationship between the U.S. Government and a recipient and is used when the government's purpose is to assist the intermediary in providing goods or services to the authorized recipient.
?Cooperative Agreements? are legal instruments that facilitate the transfer of something of value from federal executive agencies to states, local governments, and private recipients for a public purpose or benefit.
Share: Like grants, cooperative agreements are funding mechanisms used by the Federal Government. The main difference between a grant and a cooperative agreement is that a cooperative agreement involves ?substantial staff involvement? from a federal agency.
Hear this out loud PauseMarketing agreements include both marketing contracts and bylaw provisions that require members to market with their cooperative.