Common Contracts
1 similar Secondary Agreement contracts
USTDA SECONDARY AGREEMENTS (CONTRACTS FINANCED BY USTDA GRANTS) GUIDELINES TO ASSIST GRANTEES AND CONTRACTORSSecondary Agreement • April 15th, 2020
After a USTDA grant agreement (“Grant Agreement”) is signed and the selected contractor has cleared USTDA’s due diligence review, the next step is for the grantee and contractor to negotiate a contract, also referred to as a secondary agreement, based on USTDA’s form template. Once they do so, the parties provide their final, negotiated draft contract to USTDA for approval prior to signature. These guidelines are intended to provide grantees and contractors with drafting pointers in order to prevent common problems at the USTDA contract review stage. Careful attention to these guidelines may help to prevent delays in the review process.
