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15 U.S.C. § 4627 - U.S. Code - Unannotated Title 15. Commerce and Trade § 4627. Cost-sharing agreements

Current as of January 01, 2024 | Updated by Findlaw Staff

(a)Permitted provisions

The director of each national laboratory of the Department of Energy that is participating in the Initiative or the contractor operating any such national laboratory, in carrying out programs under a contract with the Department of Energy, may include in any research and development agreement entered into with a domestic firm in connection with such Initiative a cooperative provision for the domestic firm to pay a portion of the cost of the research and development activities.

(b)Limitations

(1) Not more than an amount equal to 1 percent of any national laboratory's annual budget shall be received from nonappropriated funds derived from contracts entered into under the Initiative in any fiscal year, except to the extent approved in advance by the Secretary of Energy.

(2) No Department of Energy national laboratory may receive more than $10,000,000 of nonappropriated funds under any cooperative research and development agreement entered into under this subsection in connection with the Initiative, except to the extent approved in advance by the Secretary of Energy.

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Cite this article: FindLaw.com - 15 U.S.C. § 4627 - U.S. Code - Unannotated Title 15. Commerce and Trade § 4627. Cost-sharing agreements - last updated January 01, 2024 | https://codes.findlaw.com/us/title-15-commerce-and-trade/15-usc-sect-4627/

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