[Code of Federal Regulations]

[Title 32, Volume 1]

[Revised as of July 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 32CFR37.315]



[Page 231]

 

                       TITLE 32--NATIONAL DEFENSE

 

              CHAPTER I--OFFICE OF THE SECRETARY OF DEFENSE

 

PART 37_TECHNOLOGY INVESTMENT AGREEMENTS--Table of Contents

 

  Subpart C_Expenditure-Based and Fixed-Support Technology Investment 

                               Agreements

 

Sec.  37.315  What are the advantages of using a fixed-support TIA?



    In situations where the use of fixed-support TIAs is permissible 

(see Sec. Sec.  37.305 and 37.310), their use may encourage some 

commercial firms' participation in the research. With a fixed-support 

TIA, you can eliminate or reduce some post-award requirements that 

sometimes are cited as disincentives for those firms to participate. For 

example, a fixed-support TIA need not:

    (a) Specify minimum standards for the recipient's financial 

management system.

    (b) Specify cost principles or standards stating the types of costs 

the recipient may charge to the project.

    (c) Provide for financial audits by Federal auditors or independent 

public accountants of the recipient's books and records.

    (d) Set minimum standards for the recipient's purchasing system.

    (e) Require the recipient to prepare financial reports for 

submission to the Federal Government.