Common use of Authorized Technical Assistance Activities Clause in Contracts

Authorized Technical Assistance Activities. (a) The Recipient must use the Technical Assistance prior to the end of the Period of Performance to support activities in the following areas: (i) Compensation (Personal Services); (ii) Compensation (Fringe); (iii) Training and Education; (iv) Travel; (v) Professional Services; (vi) Equipment; (vii) Supplies; and (viii) Incorporation costs (Sponsoring Entities only). The Recipient must expend Techincal Assistance for an Authorized Technical Assistance Activity, regardless of the stated intended uses of the funds in the Recipient’s Application. By awarding Technical Assistance, the CDFI Fund does not approve all proposed uses or activities listed in the Application. (b) The Recipient shall not use Technical Assistance to support the activities of, or otherwise pass through, transfer, or coaward the Technical Assistance to third-party entities including, but not limited to, Affiliates or Subsidiaries without prior approval by the CDFI Fund in writing, except in the case of a Sponsoring Entity pursuant to Section 3.11 herein. (c) The Recipient may expend Technical Assistance beginning on the Announcement Date. Any advanced expenditures must be consistent with paragraph (a). (d) The Recipient shall not use Technical Assistance for Indirect Costs as defined in the Uniform Requirements at 2 CFR 200.56. (e) The CDFI Fund reserves the right to require the Recipient to repay all or a portion of the TA if it expends any part of its Budget for an activity that the CDFI Fund determines does not meet the aforementioned criteria.

Authorized Technical Assistance Activities. (a) The Recipient must use the Technical Assistance prior to the end of the Period of Performance to support activities in the following areas:: (i) Compensation (Personal Services); (ii) Compensation (Fringe); (iii) Training and Education; (iv) Travel; (v) Professional Services; (vi) Equipment; (vii) Supplies; and (viii) Incorporation costs (Sponsoring Entities only). The Recipient must expend Techincal Technical Assistance for an Authorized Technical Assistance Activity, regardless of the stated intended uses of the funds in the Recipient’s Application. By awarding Technical Assistance, the CDFI Fund does not approve all proposed uses or activities listed in the Application. (b) The Recipient shall not use Technical Assistance to support the activities of, or otherwise pass through, transfer, or coaward the Technical Assistance to third-party entities including, but not limited to, Affiliates or Subsidiaries without prior approval by the CDFI Fund in writing, except in the case of a Sponsoring Entity pursuant to Section 3.11 herein. (c) The Recipient may expend Technical Assistance incur expenses beginning on the Announcement Date. Any advanced expenditures must be consistent with paragraph (a), and may be reimbursed with the Assistance upon receipt. (d) The Recipient shall not use Technical Assistance for Indirect Costs as defined in the Uniform Requirements at 2 CFR 200.56Requirements. (e) If the Recipient uses the Assistance to procure property or services, the Recipient shall comply with the General Procurement Standards as described in the Uniform Requirements at 2 C.F.R. 200.318 - 200.327. (f) The CDFI Fund reserves the right to require the Recipient to repay all or a portion of the TA if it expends any part portion of its Budget for an activity that the CDFI Fund determines does not meet the aforementioned criteria.

Authorized Technical Assistance Activities. (a) The Recipient must use the Technical Assistance prior to the end of the Period of Performance to support activities in the following areas: (i) Compensation (Personal Services); (ii) Compensation (Fringe); (iii) Training and Education; (iv) Travel; (v) Professional Services; (vi) Equipment; (vii) Supplies; and (viii) Incorporation costs (Sponsoring Entities only). The Recipient must expend Techincal Technical Assistance for an Authorized Technical Assistance Activity, regardless of the stated intended uses of the funds in the Recipient’s Application. By awarding Technical Assistance, the CDFI Fund does not approve all proposed uses or activities listed in the Application. (b) The Recipient shall not use Technical Assistance to support the activities of, or otherwise pass through, transfer, or coaward the Technical Assistance to third-party entities including, but not limited to, Affiliates or Subsidiaries without prior approval by the CDFI Fund in writing, except in the case of a Sponsoring Entity pursuant to Section 3.11 herein. (c) The Recipient may expend Technical Assistance incur expenses beginning on the Announcement Date. Any advanced expenditures must be consistent with paragraph (a), and may be reimbursed with the Assistance upon receipt. (d) The Recipient shall not use Technical Assistance for Indirect Costs as defined in the Uniform Requirements at 2 CFR 200.56Requirements. (e) If the Recipient uses the Assistance to procure property or services, the Recipient shall comply with the General Procurement Standards as described in the Uniform Requirements at 2 C.F.R. 200.318 - 200.327. (f) The CDFI Fund reserves the right to require the Recipient to repay all or a portion of the TA if it expends any part portion of its Budget for an activity that the CDFI Fund determines does not meet the aforementioned criteria.