Common use of Federal Funds Requirements Clause in Contracts

Federal Funds Requirements. The Parties agree to comply with the terms of the Federal Funding Accountability and Transparency Act (FFATA) by completing Addendum C to this Agreement. Subrecipient shall provide a DUNS (Data Universal Numbering System) Number and maintain an active registration with the XXX (System for Award Management). Subrecipient understands that failure to maintain a DUNS Number and an active registration with XXX may result in the loss of Grant funds in accordance with Section 2.3 of this Agreement.

Federal Funds Requirements. The Parties parties agree to comply with the terms of the Federal Funding Accountability and Transparency Act (FFATA) by completing Addendum C to this Agreement. Subrecipient Grantee shall provide a DUNS (Data Universal Numbering System) Number and maintain an active registration with the XXX (System for Award Management). Subrecipient Grantee understands that failure to maintain a DUNS Number and an active registration with XXX may result in the loss of Grant funds in accordance with Section 2.3 of this Agreement.