Common use of Delinquent Federal Debts Clause in Contracts

Delinquent Federal Debts. Consistent with the purposes and intent of 31 U.S.C. 3720B 8 and 28 U.S.C. 3201(e), Grantees with an outstanding federal debt must provide to HUD a 9 negotiated repayment schedule which is not delinquent or have made other arrangements 10 satisfactory to HUD. If arrangements satisfactory to HUD cannot be completed within 90 11 days of notification of selection, HUD will not make an award of funds to the Grantee but 12 offer the award to the next eligible Grantee. Applicants selected for funding, or awarded 13 funds, must report to HUD changes in status of current agreements covering federal debt. If

Appears in 1 contract

Samples: Grant Agreement

AutoNDA by SimpleDocs

Delinquent Federal Debts. Consistent with the purposes and intent of 31 U.S.C. 3720B 8 2 and 28 U.S.C. 3201(e), Grantees with an outstanding federal debt must provide to HUD a 9 3 negotiated repayment schedule which is not delinquent or have made other arrangements 10 4 satisfactory to HUD. If arrangements satisfactory to HUD cannot be completed within 90 11 5 days of notification of selection, HUD will not make an award of funds to the Grantee but 12 6 offer the award to the next eligible Grantee. Applicants selected for funding, or awarded 13 7 funds, must report to HUD changes in status of current agreements covering federal debt. If

Appears in 1 contract

Samples: Grant Agreement

Delinquent Federal Debts. Consistent with the purposes and intent of 31 U.S.C. 3720B 8 37 and 28 U.S.C. 3201(e), Grantees with an outstanding federal debt must provide to HUD a 9 38 negotiated repayment schedule which is not delinquent or have made other arrangements 10 39 satisfactory to HUD. If arrangements satisfactory to HUD cannot be completed within 90 11 40 days of notification of selection, HUD will not make an award of funds to the Grantee but 12 41 offer the award to the next eligible Grantee. Applicants selected for funding, or awarded 13 42 funds, must report to HUD changes in status of current agreements covering federal debt. If

Appears in 1 contract

Samples: Grant Agreement

AutoNDA by SimpleDocs

Delinquent Federal Debts. Consistent with the purposes and intent of 31 U.S.C. 3720B 8 41 and 28 U.S.C. 3201(e), Grantees with an outstanding federal debt must provide to HUD a 9 42 negotiated repayment schedule which is not delinquent or have made other arrangements 10 43 satisfactory to HUD. If arrangements satisfactory to HUD cannot be completed within 90 11 44 days of notification of selection, HUD will not make an award of funds to the Grantee but 12 1 offer the award to the next eligible Grantee. Applicants selected for funding, or awarded 13 2 funds, must report to HUD changes in status of current agreements covering federal debt. If

Appears in 1 contract

Samples: Grant Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.