General Requirements For Initiating Funding to Start Project Implementation Sample Clauses

General Requirements For Initiating Funding to Start Project Implementation. Beginning with Round 13, recipient agencies must begin work on approved projects within one (1) year from the date of the Special Account Funds Notice.33 Therefore funding should be requested as soon as possible after receipt of the Special Account Funds Notice to ensure the applicable financial instrument is fully executed and funds are available within the one-year time frame for beginning work on the project (“project initiation”). Any project expenses incurred by the agencies/entities prior to meeting these requirements are not payable/reimbursable by SNPLMA 32 This section was added in accordance with a decision memorandum approved by the EC on 9/3/10 regarding compliance with appropriation law and Secretary requirements for expenditure of funds.
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Related to General Requirements For Initiating Funding to Start Project Implementation

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  • DEVELOPMENT OR ASSISTANCE IN DEVELOPMENT OF SPECIFICATIONS REQUIREMENTS/ STATEMENTS OF WORK

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