Common Contracts

Contract

November 3rd, 2017

• Filed
  November 3rd, 2017

Generally Vanderbilt University receives Grants, Cooperative Agreements, and Contracts. Type of Agreement Covered by SPA? Definition/Blurb COEUS PEER Grant Yes A grant is a legally binding agreement between the University and an external entity, such as a private corporation, non-profit foundation, or federal agency. A grant sets forth terms and conditions by which the external entity assists, supports, or stimulates University research and/or provides services or other resources. The external entity receives no direct use or benefit of the research, service, or resource. A grant contains restrictions on how the funds are to be used by the University. Yes Yes Cooperative Agreement Yes A cooperative agreement is used when the purpose of the agreement is similar to that of a grant, but substantial programmatic involvement of or coordination by the funding agency is anticipated during the project. For Example: NSF, National Endowment of the Arts, Department of Justice, NIST ... these