De-obligation of Funds. FMCSA reserves the right to unilaterally de-obligate any remaining grant or cooperative agreement funds due to the time elapsed since the effective date, lack of payment vouchers from the Recipient, lack of plans to expend funds based on this grant, failure to provide quarterly progress reports, or other such determination made by FMCSA. If the recipient accedes to de- obligation, a grant amendment/modification must be in place.
Appears in 4 contracts
Samples: Grant Agreement, Grant Agreement, Grant Agreement