Collaboration Term Sheet
Early-stage non-binding term sheets between collaborators before a definitive agreement is drafted.
Award Terms & Flow-Down Review
Awardees who have the money and now need to know what the award terms actually oblige them and their subcontractors to do.
$1,200.00
Engagement type: Tiered Fee
Attorney fee: $1,200–$2,000
$1,200 – $2,000 flat, by award size and the number of flow-down clauses in scope. The Federal Funding Checklist that precedes this review is free.
USPTO / USCO / WIPO fees billed separately at cost.
Best for
Awardees who have the money and now need to know what the award terms actually oblige them and their subcontractors to do.
What’s included
- Review of the award terms and incorporated clauses.
- Written summary of the flow-down obligations that reach your subcontractors and collaborators.
- Data-rights and IP-ownership implications of the award, called out plainly.
- One follow-up call.
What’s NOT included
- Government, third-party, foreign-associate, translation, courier, and vendor fees.
- Proposal writing or grant-application drafting.
- Litigation, contested proceedings, or appeal work.
- Work on additional awards or agreements not listed in the engagement letter.
Client responsibilities
- Provide the full award document, attachments, and any incorporated clauses.
- Identify subcontractors and collaborators the flow-downs will reach.
- Review and approve the memo before you act on it.
Assumptions
- One award or agreement; standard length and complexity.
- One primary business entity.
- One round of substantive client revisions included.
- No material adverse facts discovered after engagement.
Scope-change triggers
- Additional awards, agreements, or amendments.
- Negotiation with the awarding agency or prime.
- Expedited turnaround to meet an acceptance deadline.
- Classified or export-controlled material in scope.
Deliverables
Written flow-down and award-terms memo.
Typical timing
Typically 1–2 weeks.
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