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Monday, 06/05/2017 3:39:29 PM

Monday, June 05, 2017 3:39:29 PM

Post# of 32544
GOVERNMENT R& D CONTRACTS (Positive ID Corporation)

R&D contracts require contractors to furnish scientific and technical reports, consistent with the objectives of the effort involved, as a permanent record of the work accomplished under the contract. These are binding agreements whereby all parties are subject to the same rule.

Agencies should make R&D contract results available to other Government activities and the private sector. Contracting officers shall follow agency regulations regarding such matters as national security, protection of data, and new-technology dissemination policy.

The level of effort assigned incorporates payment as appropriate to the prime contractor; subjunctive funding and distribution to other team members will be in accordance with agreements reached between those parties and shall not adumbrate guidelines and transactions clearly established for accountability of said party and their use of government provided, i.e., taxpayer funds.

The level of effort stated in the original agreement does not guarantee follow on funding. All parties, using government, and therefore tax payer funding are strictly bound by GAAP rules and regulations.

It is also generally known and understood the government may at anytime terminate (without advance notice) the effort in its entirety.

As such, it is incumbent upon on all participants to separate Government R&D efforts; from unfunded private marketing activities.

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