Conditions for Interagency Transfer of Funds Sample Clauses

Conditions for Interagency Transfer of Funds. If funding from other Federal agencies is to be provided to the awardee via interagency fund transfer, the process will begin with an interagency agreement that effects the transfer of funds from the other funding agency to NSF and will conclude with the issuance of an amendment to a CSA by NSF transferring the funds to the awardee pursuant to the interagency agreement. It is NSF’s responsibility to provide to the awardee copies of all interagency agreements that transfer funds in support of the awardee’s proposals. It is the awardee’s responsibility to notify the prospective sponsor that, as a condition of NSF’s entering into an interagency agreement of fund transfer, other Federal agencies must agree to the following conditions:

Conditions for Interagency Transfer of Funds. If funding from other Federal agencies is to be provided to the recipient via interagency fund transfer, the process will begin with a proposal from the recipient to the other agency, which will execute an interagency agreement that effects the transfer of funds to NSF and will conclude with the issuance of an amendment to a CSA or creation of a new CSA by NSF to obligate the funds to the award. It is NSF’s responsibility to provide to the recipient copies of all interagency agreements that transfer funds in support of the recipient’s proposals. It is the recipient’s responsibility to notify the prospective sponsor that, as a condition of NSF’s entering into an interagency agreement of fund transfer, other Federal agencies must agree to the following conditions: 1. NSF will implement the agreement by an amendment issued to a CSA under the award, or any successor award, and NSF will not itself be directly responsible for the provision of goods or services contemplated under the recipient’s proposal to the other Federal Agency. 2. It is the recipient’s responsibility to provide the necessary fiscal and technical reports to the sponsoring agency in accordance with the award terms and conditions of the sponsoring agency’s award. 3. NSF assumes no liability for any costs above the funds obligated against the CSA. 4. In accordance with NSF policy, a portion of the incoming fund transfer will be set aside to recover costs that NSF incurs in the management, administration, and oversight of the funded activities at a rate predetermined by NSF. 5. All fund transfers and work performed will be accepted under the terms and conditions of the award.