Common use of Grant Payments Clause in Contracts

Grant Payments. All grant payments are requested by submitting [INSERT REQUIREMENTS HERE]. The total grant award shall not exceed $Amount which shall be paid by the Division in consideration for the Grantee’s minimum performance as set forth by the terms and conditions of this Agreement. The grant payment schedule is outlined below: [INSERT PAYMENT METHOD REIMBURSEMENT OR ADVANCED AND DELIVERABLES TO BE MET] Electronic Payments. The Grantee can choose to use electronic funds transfer (EFT) to receive grant payments. All grantees wishing to receive their award through electronic funds transfer must submit a Direct Deposit Authorization form to the Florida Department of Financial Services. If EFT has already been set up for your organization, you do not need to submit another authorization form unless you have changed bank accounts. To download this form visit xxxx://xxx.xxxxxxxxxxxx.xxx/Division/AA/Forms/DFS-A1-26E.pdf. This page also includes tools and information that allow you to check on payments. Florida Substitute Form W-9. A completed Substitute Form W-9 is required from any entity that receives a payment from the State of Florida that may be subject to 1099 reporting. The Department of Financial Services (DFS) must have the correct Taxpayer Identification Number (TIN) and other related information in order to report accurate tax information to the Internal Revenue Service (IRS). An updated W-9 must be on file with xxx.xxxxxxxxxxxx.xxx prior to release of payment. Grantee should confirm current W-9 is up to date prior to signing contract.

Grant Payments. All grant payments are requested by submitting [INSERT REQUIREMENTS HERE]. The total grant award shall not exceed $Amount which shall be paid by the Division in consideration for the Grantee’s minimum performance as set forth by the terms and conditions of this Agreement. All payments will be made in the amounts identified in the Deliverables identified in Section 1 of this agreement and all payments will be made in accordance with the completion of those Deliverables. The grant payment schedule is outlined below: [INSERT PAYMENT METHOD REIMBURSEMENT OR ADVANCED AND DELIVERABLES TO BE MET] Electronic Payments. The Grantee can choose to use electronic funds transfer (EFT) to receive grant payments. All grantees wishing to receive their award through electronic funds transfer must submit a Direct Deposit Authorization form to the Florida Department of Financial Services. If EFT has already been set up for your organization, you do not need to submit another authorization form unless you have changed bank accounts. To download this form visit xxxx://xxx.xxxxxxxxxxxx.xxx/Division/AA/Forms/DFS-A1-26E.pdf. This page also includes tools and information that allow you to check on payments. Florida Substitute Form W-9. A completed Substitute Form W-9 is required from any entity that receives a payment from the State of Florida that may be subject to 1099 reporting. The Department of Financial Services (DFS) must have the correct Taxpayer Identification Number (TIN) and other related information in order to report accurate tax information to the Internal Revenue Service (IRS). An updated W-9 must be on file with xxx.xxxxxxxxxxxx.xxx prior to release of payment. Grantee should confirm current W-9 is up to date prior to signing contract.

Grant Payments. All grant payments are requested by submitting [INSERT REQUIREMENTS HERE]. The total grant award shall not exceed $Amount [INSERT AWARD AMOUNT] which shall be paid by the Division in consideration for the Grantee’s minimum performance as set forth by the terms and conditions of this Agreement. The grant payment schedule is outlined below: [INSERT PAYMENT METHOD REIMBURSEMENT OR ADVANCED AND DELIVERABLES TO BE MET] Electronic Payments. The Grantee can choose to use electronic funds transfer (EFT) to receive grant payments. All grantees wishing to receive their award through electronic funds transfer must submit a Direct Deposit Authorization form to the Florida Department of Financial Services. If EFT has already been set up for your the organization, you do the Grantee does not need to submit another authorization form unless you have the organization has changed bank accounts. To download this form visit xxxx://xxx.xxxxxxxxxxxx.xxx/Division/AA/Forms/DFS-A1-26E.pdf. This page also includes tools and information that allow you to check on paymentspayment status. Florida Substitute Form W-9. A completed Substitute Form W-9 is required from any entity that receives a payment from the State of Florida that may be subject to 1099 reporting. The Department of Financial Services (DFS) must have the correct Taxpayer Identification Number (TIN) and other related information in order to report accurate tax information to the Internal Revenue Service (IRS). An updated To register or access a Florida Substitute Form W-9 visit xxxx://xxx.xxxxxxxx.xxxxxxxxxxxx.xxx/. A copy of the Grantee’s Florida Substitute Form W-9 must be on file submitted to the Division with xxx.xxxxxxxxxxxx.xxx prior to release of payment. Grantee should confirm current W-9 is up to date prior to signing contractthe executed Agreement.