Common use of Federal Award Number Clause in Contracts

Federal Award Number. As per the Federal Funding Accountability and Transparency Act, federal agencies will assign a Federal Award Identification Number (XXXX) to each federal award. The FAINs are intended to increase transparency in federal spending and allow the American public to hold the government accountable for spending decisions. Each Subrecipient and sub-awardee should be aware of this identification number and ensure the XXXX is incorporated into all sub- grants under the Agreement.

Federal Award Number. As per the Federal Funding Accountability and Transparency Act, federal agencies will assign a Federal Award Identification Number (XXXX) to each federal award. The FAINs are intended to increase transparency in federal spending and allow the American public to hold the government accountable for spending decisions. Each Subrecipient and sub-sub- awardee should be aware of this identification number and ensure the XXXX is incorporated into all sub- grants under the Agreement.