Common use of Means to Minimize Risk Clause in Contracts

Means to Minimize Risk. When the AO makes an award, the AO may consider requiring any of the following specific conditions:‌ (1) Requiring payments as reimbursements rather than advance payments;‌ (2) Withholding authority to proceed to the next phase until receipt of evidence of acceptable performance within a given performance period;‌

Appears in 4 contracts

Samples: Grants and Cooperative Agreements, Grants and Cooperative Agreements, Grants and Cooperative Agreements

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Means to Minimize Risk. When the AO makes an award, the AO may consider requiring any of the following specific conditions:‌conditions: (1) Requiring payments as reimbursements rather than advance payments;‌payments; (2) Withholding authority to proceed to the next phase until receipt of evidence of acceptable performance within a given performance period;‌period; (3) Requiring additional, more detailed financial reports; (4) Requiring additional project monitoring, which can include site visits; (5) Establishing additional prior approvals; or (6) Requiring the recipient to obtain technical or management assistance.

Appears in 4 contracts

Samples: Grants and Cooperative Agreements, Grants and Cooperative Agreements, Grants and Cooperative Agreements

Means to Minimize Risk. When the AO makes an award, the AO may consider requiring any of the following specific conditions:‌conditions: (1) Requiring payments as reimbursements rather than advance payments;‌payments; (2) Withholding authority to proceed to the next phase until receipt of evidence of acceptable performance within a given performance period;‌period of performance; (3) Requiring additional, more detailed financial reports; (4) Requiring additional project monitoring, which can include site visits; (5) Establishing additional prior approvals; or (6) Requiring the recipient to obtain technical or management assistance.

Appears in 3 contracts

Samples: Grants and Cooperative Agreements, Grants and Cooperative Agreements, Grants and Cooperative Agreements

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Means to Minimize Risk. When the AO makes an award, the AO may consider requiring any of the following specific conditions:‌ (1) Requiring payments as reimbursements rather than advance payments;‌ (2) Withholding authority to proceed to the next phase until receipt of evidence of acceptable performance within a given performance period;‌performance;‌ (3) Requiring additional or more detailed financial reports;‌ (4) Requiring additional project monitoring, which can include site visits;‌ (5) Establishing additional prior approvals; or‌ (6) Requiring the recipient to obtain technical or management assistance.‌ ● Require the recipient to provide technical assistance to the subrecipient, or‌

Appears in 2 contracts

Samples: Grants and Cooperative Agreements, Grants and Cooperative Agreements

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