What is the difference between a cooperative agreement and a grant?
The legal definition of a Cooperative Agreement: The legal instrument reflecting a relationship between NOAA and a recipient whenever: (1) the principal purpose of the relationship is to transfer money, property, services, or anything of value to accomplish a public purpose of support or stimulation authorized by Federal statute and (2) substantial involvement (e.g., collaboration, participation, or intervention by NOAA in the management of the project) is anticipated between NOAA and the recipient during performance of the contemplated activity. Cooperative agreements are subject to the same OMB, Treasury, and other Federal laws and policies as grants. See 31 U.S.C. 6305. A grant is the funding instrument used when only condition (1) exists.
Related Questions
- Can an AIMS or UNC Student Using the Community College Cooperative Agreement take an interim Session class under the Agreement?
- What is the difference between the Caltrans Cooperative Agreement and Master Agreement? What about Program Supplement?
- For how many years will the grant, contract or cooperative agreement be awarded?
