CFR > Title 15 - Commerce and Foreign Trade > SUBTITLE B—Regulations Relating to Commerce and Foreign Trade > CHAPTER II—NATIONAL INSTITUTE OF STANDARDS AND TECHNOLOGY, DEPARTMENT OF COMMERCE (parts 200 to 297) > SUBCHAPTER K—NIST EXTRAMURAL PROGRAMS (parts 290 to 297) > PART 296—TECHNOLOGY INNOVATION PROGRAM > SUBPART A—General (§296.1 to §296.12) > 296.8—Joint venture agreement.

296.8—Joint venture agreement.

NIST shall not issue a TIP award to a joint venture and no costs shall be incurred under a TIP project by the joint venture members until such time as a joint venture agreement has been executed by all of the joint venture members and approved by NIST.