Detailed restrictions on expenditures. Limited budget flexibility. X Technical progress reports or detailed financial reports required. X Unused funds may be returned to sponsor. X Tangible benefit is received by the sponsor or customer.
Agreement is binding.
Recipient may incur penalties for failure to meet agreement. Sponsor or customer hopes to gain direct economic benefit. X X Access to results of work may be restricted. X X Sponsor wishes to own the results of data from activities conducted. X X Government agency or quasi-governement agency funds activity.