[Code of Federal Regulations]
[Title 14, Volume 5]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 14CFR1274.701]

[Page 486]
 
                     TITLE 14--AERONAUTICS AND SPACE
 
                   CHAPTER V--NATIONAL AERONAUTICS AND
                          SPACE ADMINISTRATION
 
PART 1274_COOPERATIVE AGREEMENTS WITH COMMERCIAL FIRMS--Table of Contents
 
                Subpart 1274.7_Suspension or Termination
 
Sec.  1274.701  Suspension or termination.


    (a) Suspension. NASA or the recipient may suspend the cooperative 
agreement for a mutually agreeable period of time, if an assessment is 
required to determine whether the agreement should be terminated.
    (b) Termination. (1) A cooperative agreement provides both NASA and 
the recipient the ability to terminate the Agreement if it is in their 
best interests to do so, by giving the other party prior written notice. 
Upon receipt of a notice of termination, the receiving party shall take 
immediate steps to stop the accrual of any additional obligations, which 
might require payment.
    (2) NASA may, for example, terminate the Agreement if the recipient 
is not making anticipated technical progress, if the recipient 
materially changes the objectives of the agreement, or if appropriated 
funds are not available to support the program.
    (3) Similarly, the recipient may terminate the agreement if, for 
example, technical progress is not being made, if the commercial 
recipient shifts its technical emphasis, or if other technological 
advances have made the effort obsolete.
    (4) If the cooperative agreement is terminated by either NASA or the 
recipient and NASA elects to continue the project with a party other 
than the recipient, the right of the government to use data first 
produced by either NASA or the recipient in the performance of this 
agreement is covered by 1274.905(b). See Sec.  1274.208(l)(6) to assure 
that appropriate language is contained in Sec.  1274.905(b).