Industry Contracts: An Overview

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Industry Contracts:  
An Overview 

April 19, 2005

 
 

SRA Southern Section 2005 

 

Industry Contracts: An Overview 

What Is Industry Contracting? 
 

The development, negotiation, award and administration of contracts and other agreements with industrial partners.

 
 

SRA Southern Section 2005 

 

Industry Contracts: An Overview 

Definition of a Contract 

     A legally enforceable binding agreement between two or more parties in which a party or parties agree(s) to perform a service for  or provide goods to another party in return for consideration.  

 
 

SRA Southern Section 2005 

 

Industry Contracts: An Overview 

Characteristics of a Contract 

Is a procurement action Detailed and binding Statement of Work Specific deliverables Benefits first accrue to sponsor  
 

SRA Southern Section 2005 

 

Industry Contracts: An Overview 

Required Elements of a Contract 

Offer Acceptance Consideration Competent Parties Lawful Purpose  
 

SRA Southern Section 2005 

 

Industry Contracts: An Overview 

Industry v. Non-Industry 

Solicitations Parties Involved Deadlines Funding Source Budget Detail Proprietary Markings  
 

SRA Southern Section 2005 

 

Industry Contracts: An Overview 

Anatomy of a Typical Contract 

00/b>Preamble and/or Recitals   00/b>Reports/Deliverables

00/b>Schedule                     00/b>Publishing Copyrights

00/b>Special Provisions      00/b>Equipment

00/b>General Provisions    00/b>Patents & licensing

00/b>Statement of Work (SOW)    00/b>Records & Audits

00/b>Key Personnel     00/b>Termination

00/b>Period of Performance    00/b>Assignments

00/b>Consideration/         00/b>Execution

    Financial Arrangement 
 
 
 
 

 
 

SRA Southern Section 2005 

 

Industry Contracts: An Overview 

Anatomy of a Typical Contract 00cont00 

Schedule

Set Schedule Required Deliverables

Special Provisions

Unusual/unacceptable terms and conditions Export control, classified work, foreign national restrictions

Statement of Work (SOW)

Sponsor Generated Well Defined  
 

SRA Southern Section 2005 

 

Industry Contracts: An Overview 

Anatomy of a Typical Contract 00cont00 

Period of Performance

Dates Negotiable

Reports/Deliverables

Non-report Deliverable

Publishing Copyrights

Differences of Opinion

Equipment

Retention of Title  
 

SRA Southern Section 2005 

 

Industry Contracts: An Overview 

Anatomy of a Typical Contract 00cont00 

Patents and Licensing

Ownership and Rights

Termination 

 
 

SRA Southern Section 2005 

 

Industry Contracts: An Overview 

Categories of Industry Contracts 

Source of Funding

Industry Internal R&D Flow thru  

Contract Type

Fixed Price Cost Reimbursable  
 

SRA Southern Section 2005 

 

Industry Contracts: An Overview 

Types of Industry Agreements 

Material Transfer Agreement Confidentiality Agreement Teaming Agreement Intellectual Property

        Allocation  Agreements 

 
 

SRA Southern Section 2005 

 

Industry Contracts: An Overview 

Types of Industry Agreements 00cont00 

Industry Contract SBIR/STTR Subcontract Clinical Trial Membership Agreements  
 

SRA Southern Section 2005 

 

Industry Contracts: An Overview 

Industry Contract Process   

Pre-proposal Proposal Submittal and Review Negotiation Award Post-Award  
 

SRA Southern Section 2005 

 

Industry Contracts: An Overview 

Negotiation Issues 

00/b>Intellectual Property Ownership

00/b>Conflicting Obligations    00/b>Export Control

00/b>Indemnification/hold harmless

00/b>Exclusivity           00/b>Security Requirements

00/b>Confidentiality Conditions

00/b>Publishing Rights            00/b>Governing Law   
 

 
 

SRA Southern Section 2005 

 

Industry Contracts: An Overview 

Closing 

Questions Contact Information

           Brandi Kay Boniface, CRA

           Sr. Industry Contracts Manager

           University of South Carolina

           901 Sumter Street, 5th Floor

           Columbia, SC  29208

           803/777-6420

           

   download Industry Contracts: An Overview