Certified Research Administrator Practice Exam

A subaward/subcontract is a specific type of:

1. Third Party Agreement

2. Binding Agreement

3. Research Agreement

4. Two-Party Agreement

The correct answer is: Third Party Agreement

A subaward or subcontract is classified as a specific type of a third-party agreement because it involves a primary recipient of a grant or contract who engages another entity to carry out part of the project or provide specific services. In this context, the primary recipient maintains a direct relationship with the original funding body, while the third party (the subrecipient or subcontractor) carries out tasks or services that contribute to the overall project goals. Third-party agreements are defined by their involvement of multiple entities, with one party (the primary recipient) having an agreement with the funding source and then entering a separate agreement with another party to assist in fulfilling the obligations of the original agreement. This is essential for collaboration and resource sharing in research projects, as it allows organizations to leverage expertise and capabilities that they may not possess internally. Other types of agreements, such as binding agreements or two-party agreements, do not encompass the broader nature of collaboration often seen in research projects where multiple entities are involved. Research agreements are specific to the terms and conditions surrounding the research activities themselves but do not capture the specific nature of subawards and subcontracts utilized in collaborative research settings.