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General Terms and Conditions for APHIS Cooperative Agreements and Grants(Date of issuance: July 20, 2023. New verbiage in red effective for new awards and amendments issued on/after October 1, 2022.)
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General terms and conditions refer to the standard set of rules and guidelines that govern the relationship between parties in a contract, outlining rights, responsibilities, and obligations.
Typically, businesses and organizations that engage in commercial activities or enter into contracts are required to file general terms and conditions.
To fill out general terms and conditions, one should outline the specific terms of the agreement, including payment terms, delivery conditions, liability clauses, and any other relevant details.
The purpose of general terms and conditions is to provide a clear framework for the agreement between parties, minimizing misunderstandings and disputes by clarifying each party's rights and obligations.
Information that must be reported includes the parties involved, the nature of the agreement, payment terms, duration, responsibilities, liabilities, and any penalties for non-compliance.
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