Common use of Obligation of Subrecipient Funds Clause in Contracts

Obligation of Subrecipient Funds. Sub-award funds shall not under any circumstances be obligated prior to the effective date or subsequent to the termination date of the period of performance. Only project costs incurred on or after the effective date and on or prior to the termination date of the Subrecipient’s project is eligible for reimbursement. All payments must be completed within thirty (30) days of the end of the sub-award period of performance.

Appears in 2 contracts

Samples: Subrecipient Agreement, Subrecipient Agreement

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Obligation of Subrecipient Funds. Sub-award Subaward funds shall not under any circumstances be obligated prior to the effective date or subsequent to the termination date of the period of performance. Only project costs incurred on or after the effective date and on or prior to the termination date of the Subrecipient’s project is eligible for reimbursement. All payments must be completed within thirty (30) days of the end of the sub-award subaward period of performance.

Appears in 1 contract

Samples: Subrecipient Agreement

Obligation of Subrecipient Funds. Sub-award Subaward funds shall not under any circumstances be obligated prior to the effective date date, or subsequent to the termination date date, of the period of performance. Only project costs incurred on or after the effective date date, and on or prior to the termination date of the Subrecipient’s subrecipient's project is are eligible for reimbursement. All payments must be completed within thirty (30) days of the end of the sub-award subaward period of performance.

Appears in 1 contract

Samples: Agreement

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Obligation of Subrecipient Funds. Sub-award Subaward funds shall not under any circumstances be obligated prior to the effective date or subsequent to the termination date of the period of performanceperformance period. Only project costs incurred on or after the effective date and on or prior to the termination date of the Subrecipient’s project is eligible for reimbursement. All payments must be completed within thirty (30) days of the end of the sub-award period of performanceSubaward performance period.

Appears in 1 contract

Samples: Subrecipient Agreement

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