No-Cost Extensions Sample Clauses
A No-Cost Extension clause allows a party to extend the duration of a contract or project without requiring additional funding. Typically, this provision is used when unforeseen circumstances delay project completion, but the original budget remains sufficient to cover the extended period. The clause outlines the process for requesting and approving such extensions, often requiring written notice and justification. Its core function is to provide flexibility in project timelines while maintaining budget discipline, ensuring that delays do not automatically result in increased costs.
No-Cost Extensions a. Awardees may authorize a one-time extension of the expiration date of the award up to 12 months if additional time beyond the established expiration date is required to assure adequate completion of the original scope of work within the funds already made available.1 A single extension, which shall not exceed 12 months, may be made for this purpose and must be made prior to the originally established expiration date. This one-time extension may not be exercised merely for the purpose of using any unliquidated award balances.
b. Awardees shall notify NSF, providing supporting reasons for the extension, and the revised expiration date, at least ten days prior to the expiration date specified in the award to ensure accuracy of NSF’s award data. All awardee-authorized extensions must be submitted electronically via the FastLane system.
c. Requests for no-cost extensions beyond the above referenced authority must follow the procedures set forth in GPM Section 253.
No-Cost Extensions. 8.1 No-Cost Extensions may occasionally be granted to extend the project period up to twelve months with no additional funding. No-Cost Extension requests should include:
(a) A written explanation for the no-cost extension;
(b) An updated project timeline with updated activity milestones etc. This should include information on the activities already completed;
(c) An explanation of how any remaining ongoing costs (salaries, maintenance etc.) will be covered during the extended period;
(d) A revised budget (if applicable)
8.2 The request must be received at least 45 days before the close of the project period.
No-Cost Extensions a. Grantees may authorize a one-time extension of the end date of the grant up to 12 months if additional time beyond the established end date is required to assure adequate completion of the original scope of work within the funds already made available.1 A single extension, which shall not exceed 12 months, may be made for this purpose and must be made prior to the originally established end date. As stipulated in 2 CFR § 200.308(d)(2), this one-time extension may not be exercised merely for the purpose of using any unliquidated balances.
b. Grantees shall notify NSF, providing supporting reasons for the extension, and the revised period of performance, at least ten calendar days prior to the end date specified in the grant to ensure accuracy of NSF’s award data. All grantee-authorized extensions must be submitted electronically via NSF’s electronic systems.
c. Requests for no-cost extensions beyond the above referenced authority must follow the procedures set forth in AAG Chapter I.D.3.c.
No-Cost Extensions. 9.1 No-Cost Extensions for Project Activities may occasionally be granted to extend the Project Implementation Period up to twelve months with no additional funding. No- Cost Extension requests should include:
(a) A written explanation for the No-Cost Extension;
(b) An updated implementation plan with updated activity milestones. This should include information on the activities already completed;
(c) An explanation of how any ongoing operational costs (including salaries and maintenance) will be covered during the extension period;
(d) A revised budget (if applicable).
9.2 The request must be submitted at least 45 days before the end of the Project Implementation Period.
9.3 The parties may from time to time agree to a proposed No Cost Extension request or agree to make some other extension, replacement, reduction, amendment or variation to any Project Activity, the Project framework, Project implementation plan or any other details in Annexe 1 or agree to make some variation to the Project Budget sum or to the detailed provisions of budget, these details shall be uploaded to ▇▇▇’▇ ▇▇▇▇▇ management system following approval by both parties.
No-Cost Extensions. In the event that unexpended funds remain at the end of the Grant Period, and there are remaining activities to be accomplished within the Proposal, Grantee may request an extension of the Grant Period to allow Grantee to accomplish such activities. Such requests shall be submitted in writing by ▇▇▇▇▇▇▇’s Authorized Official at least 60 days prior to the end of the Grant Period and shall include a justification for extension, an estimate of the unexpended funds remaining at the end of the Grant Period, and a revised Budget and Proposal. The decision to approve an extension is subject to the sole discretion of Grantor, with such extension granted in a single annual increment. In the event that Grantor does not approve ▇▇▇▇▇▇▇’s request to re-allocate unexpended funds remaining at the end of the Grant Period, expenditure authority for such funds shall revert to Grantor. Grantee shall return all unexpended and unobligated CARE funds to Grantor within 30 days of decision.
No-Cost Extensions. In accordance with BPW Advisory 1995-1 item 7.b, in the event there are unspent funds remaining on the Contract, prior to the Contract's expiration date the Procurement Officer may modify the Contract to extend the Contract beyond its expiration date for a period up to, but not exceeding, one-third of the base term of the Contract (e.g., eight-month extension on a two-year contract) for the performance of work within the Contract's scope of work. Notwithstanding anything to the contrary, no funds may be added to the Contract in connection with any such extension.
No-Cost Extensions. If an extension does not take a Contract beyond the 4-year limit, an extension of time with no stumpage increase may be considered and approved by the Seller when the Purchaser submits proof and verifiable documentation that:
1. The extension is warranted due to circumstances beyond the Purchaser’s control which may include but is not limited to abnormally or extremely wet and inclement weather and/or site conditions which precluded completion as verified by the Seller’s Representative.
2. The Purchaser’s has entered into a commitment to provide timber salvage assistance, within Wisconsin or the Upper Peninsula of Michigan to protect landscape scale forest resources as verified by the Seller’s Representative. (Notes: hurricane clean-up and small-scale commercial clean-up do not qualify under this request). Any such extension shall be requested at time of salvage work completion and approved at a regular monthly meeting of the Committee.
No-Cost Extensions. In the event that unexpended funds remain at the end of the timeline within the Milestones and Timeline, and there are remaining milestones to be accomplished, Grantee may request an extension of the timeline to allow Grantee to accomplish such milestones. Such requests shall include an amended budget and Milestones and Timeline and shall be submitted in writing by Grantee’s Authorized Official. The decision to grant an extension is subject to the sole discretion of the Grantor, with such extension granted in annual increments, for a maximum of two years. At least [†] of the time within the Milestones and Timeline shall be completed prior to Grantee requesting a no-cost extension.
No-Cost Extensions. No-cost extensions to the project must be approved by NSF. Requests for no-cost extensions should be submitted to NSF at least 45 days prior to the expiration date of the award and must be submitted through NSF’s electronic systems. The request must explain the need for the extension and include an estimate of the unobligated funds remaining and a plan for their use.
No-Cost Extensions based on approval from the CDC, project period end dates may be extended to allow completion of previously approved activities and/or expenditures.
4.1.9.1 2023-2024 Budget Period Five (5) PHEP funds may be applied to approved Subrecipient expenses incurred up to and including June 30, 2025.
4.1.9.2 Upon expanded authority approval from the CDC, Budget Period One (1) through Four (4) may be extended each year to include one additional consecutive fiscal year.
4.1.9.3 Workforce Development funds, if applicable, may be applied to approved Subrecipient expenses incurred up to and including June 30, 2025.