What are Teaming Agreements or Master Agreements?
Teaming Agreements are created when more than two entities are collaborating on a project or group of projects. This may mean a team of several universities combined with several private entities or public institutions. A Master Agreement is typically originated by a sponsor who sees that Virginia Tech will provide research support on many different projects. Instead of several mutually exclusive agreements a company may wish to create a Master Agreement identifying the common terms and conditions under which they and Virginia Tech will operate the research.