Hello, Guest.!
/

DOE Authorizes Natl Lab-Contractor Agreements for Commercializing Technology

1 min read


The Energy Department is allowing contractors to use Agreements for Commercializing Technology to forge new strategic partnerships with DOE-backed national laboratories.

ACT works to help academic and commercial entities gain access to laboratory expertise, assets and facilities, DOE said Monday.

The authorization follows the completion of a six-year ACT pilot program.

Energy Secretary Rick Perry also approved the pilot implementation of FedACT, a supplementary program that seeks to encourage collaboration between contractors and DOE on federally-funded projects.

FedACT aims to increase transparency of contract terms and conditions between a federal sponsor and a contracting organizations.