New insights into the mechanism for the flocculation of aqueous colloids by the sequential addition of a water-borne phenolic polymer, called cofactor, followed by very high molecular poly(ethylene oxide) (PEO) are presented. It is proposed that PEO/cofactor complexes form in the aqueous phase and adsorb onto the surfaces of the target colloidal particles. Flocculation will occur if PEO/cofactor complex on one particle will bind to adsorbed complex on a second particle; i.e., if the complexes are sticky. The proposed mechanism was illustrated by flocculation experiments with precipitated calcium carbonate, very high molecular weight PEO, and a polypeptide cofactor called PEY1 which was a 1:1 random copolymer of h-glycine and h-tyrosine. Independent measurements of the PEO/PEY1 complex properties, in the absence of calcium carbonate, were used to support the mechanism. In order for PEO/PEY1 complexes to be sticky, they must simultaneously have unbound PEY1 and polymer segments. With time the complexes deactivate (i.e., lose their stickiness) by a reconfiguration process which results in elimination of either unbound PEY1 or PEO segments.