In some cases it may be advantageous for companies to take advantage of Trust Fund or Reimbursable Cooperative Agreements with ARS to directly support an ARS project or program.
In general, a Trust Fund Cooperative Agreement involves cooperative research between ARS and another party where ARS is paid in advance to conduct research. This agreement may also seek the private sector partner to share in the cost of a research project conducted by ARS. The agreement can also be used the allow private sector partners the use of laboratory facilities, which in some cases may require a formal lease.
A Reimbursable Cooperative Agreement is similar to a Trust Fund in arrears. The difference, however, requires the private sector partner to pay ARS. In each agreement, representatives from the private sector partner and ARS should be actively engaged in the cooperative effort and mutually contribute resources to the research effort. Mutual interest in the agreement's objectives should also be specifically stated.
The following criteria is used to determine when to use a trust fund or reimbursable cooperative agreement:
Trust Fund Cooperative Agreement
- The relationship is with an individual or for-profit organization
- ARS will hire a post-doc or temporary/term employee(s) or purchase major equipment or supplies necessary to conduct the research work. Under these circumstances, ARS requires all funds up front to pay salary costs before making a commitment to hire personnel or prior to incurring costs for purchasing equipment or supplies.
- ARS requires payment in advance for work to be performed. An annual advance payment schedule should be included in the agreement.
Reimbursable Cooperative Agreement
- ARS has an ongoing, long-term relationship with the cooperator, such as a specific State or non-profit organization.
- The working relationship provides a pretty good idea that the organization is reliable and support will be forthcoming.
- To determine if a Trust Fund Cooperative Agreement or Reimbursable Cooperative Agreement will fit your situation, contact the regional Technology Transfer Coordinator.
|