Multi-Year Grant Awards Sample Clauses
The Multi-Year Grant Awards clause establishes the terms under which funding is provided over multiple years rather than as a single lump sum. Typically, this clause outlines the schedule of payments, conditions for continued funding in subsequent years, and any reporting or performance requirements that must be met to receive future installments. Its core practical function is to provide ongoing financial support while ensuring accountability and performance over the duration of the grant period.
Multi-Year Grant Awards. For multi‐year grant awards, applicants should apply for the total amount of funds expected for the period covered by the award and include any required match in the application. The work plan should also cover the same time period. EPA will fund the application incrementally as funds become available. (Section 7.1.