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What Is A Reimbursable Agreement

A. Processing the program`s income. The co-operator and sub-shareholder apply the standards set out in this provision to reflect program revenues obtained through a repayment agreement. B. With the exception of point (d) of this section, the co-operated person retains all program revenues during the period, adds them to the appropriations committed by the FAS for the project and uses them to pursue other eligible program or project objectives. c. Unless the terms of the cost reimbursement agreement are otherwise, co-operators are not required by the U.S. government to collect revenues from the program after the end of the project period. d. The costs associated with the production of program products may be deducted from gross revenues to determine program revenue, provided these costs have not been charged under the refundable agreement and are consistent with applicable cost principles. E. Proceeds from the sale of personal real estate are not program revenues and are processed in accordance with 2 CFR Part 200, Subpart D- Post Federal Award Requirements, Property Standards.

F. Unless the terms of the award or agreement are otherwise, cooperators are not required to apply to the United States Government the proceeds from royalties and royalties on copyrighted material protected by copyright to the 37 parties CFR 401. , patents, patent applications, trademarks and inventions produced under a refundable agreement. In the construction industry, three types of methods that can be reimbursed are used. Changes to this agreement, which can be repaid, are made by mutual agreement between the parties by issuing a written amendment signed and dated by duly authorized officials and signatories before any changes are made. Requests for amendments must be submitted at least 30 days before the requested amendment is implemented. The FAS is not required to fund amendments that have not been properly approved. (a) the granting of patent rights must be in accordance with 2 CFR 200.315 and 2 CFR 200.448. Unless otherwise required by law, co-operators are also subject to the Bayh-Dole Act, Pub. L.

96-517, as amended and codified in 35 U.S.C. All cooperation partners are subject to specific requirements for the development, reporting and transfer of invention and patent rights, which result from financial support in Part 401 37 C.F.R. (b) Any agreement the operator has made to a small business, non-profit organization or university to be implemented in the United States , in its possession or in Puerto Rico, for the purpose of conducting tests, development or research work, must include the determination of patents.

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