Common use of Payment for Fiscal Agent Services Clause in Contracts

Payment for Fiscal Agent Services. The Fiscal Agent shall be compensated for services rendered up to a maximum of four percent (4.0 %) of the total grant funds. At the end of each quarter, four percent (4.0 %) of all Funds distributed by the Fiscal Agent on behalf of the Strong Workforce Program during the preceding quarter, shall be withdrawn from the Funds account, as payment for Fiscal Agent fees. The amount of the Fiscal Agent A full accounting of Fiscal Agent fees will also be reported each month, as a separate line item Funds receipt and distribution.

Appears in 1 contract

Samples: Standard Agreement

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Payment for Fiscal Agent Services. The Fiscal Agent shall be compensated for services rendered up to a maximum of four percent (4.0 %) of the total grant funds. At the end of each quarter, four percent (4.0 %) of all Funds distributed by the Fiscal Agent on behalf of the Strong Workforce Program fice for the Institutional Effectiveness / Specialized Training program during the preceding quarter, shall be withdrawn from the Funds account, as payment for Fiscal Agent fees. The amount of the Fiscal Agent A full accounting of Fiscal Agent fees will also withdrawn shall be reported each month, as a separate line item in the follo Funds receipt and distribution.

Appears in 1 contract

Samples: Standard Agreement

Payment for Fiscal Agent Services. The Fiscal Agent shall be compensated for services rendered up to a maximum of four percent (4.0 %) of the total grant funds. At the end of each quarter, four percent (4.0 %) of all Funds distributed by the Fiscal Agent on behalf of the Strong Workforce Program is agreement during the preceding quarter, shall be withdrawn from the Funds account, as payment for Fiscal Agent fees. The amount of the Fiscal Agent A full fees withdrawn shall be report accounting of Fiscal Agent fees will also be reported each month, as a separate line item in the Funds receipt and distribution.

Appears in 1 contract

Samples: Agent Agreement

Payment for Fiscal Agent Services. The Fiscal Agent shall be compensated for services rendered up to a maximum of four percent (4.0 %) of the total grant funds. At the end of each quarter, four percent (4.0 %) of all Funds distributed by the Fiscal Agent on behalf of the Strong Workforce Program 2020-2021 NextUp Set Aside during the preceding quarter, shall be withdrawn from the Funds account, as payment for Fiscal Agent fees. The amount of the Fiscal Agent A full accounting of Fiscal Agent fees will also be reported each month, as a separate line item Funds receipt and distribution.

Appears in 1 contract

Samples: Grant Agreement

Payment for Fiscal Agent Services. The Fiscal Agent shall be compensated for services rendered up to a maximum of four percent (4.0 %) of the total grant funds. At the end of each quarter, four percent (4.0 %) of all Funds distributed by the Fiscal Agent on behalf of the Strong Workforce Program Disabled Student Programs and Services during the preceding quarter, shall be withdrawn from the Funds account, as payment for Fiscal Agent fees. The amount of the Fiscal Agent A full accounting of Fiscal Agent fees will also withdrawn shall be reported each month, as a separate line item in the following Funds receipt and distribution.

Appears in 1 contract

Samples: Grant Agreement

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Payment for Fiscal Agent Services. The Fiscal Agent shall be compensated for services rendered up to a maximum of four percent (4.0 %) of the total grant funds. At the end of each quarter, four percent (4.0 %) of all Funds distributed by the Fiscal Agent on behalf of the Strong Workforce Student Financial Assistance Program during the preceding quarter, shall be withdrawn from the Funds account, as payment for Fiscal Agent fees. The amount of the Fiscal Agent A full accounting of Fiscal Agent fees will also withdrawn shall be reported in the following each month, as a separate line item Funds receipt and distribution.

Appears in 1 contract

Samples: Agent Agreement

Payment for Fiscal Agent Services. The Fiscal Agent shall be compensated for services rendered up to a maximum of four percent (4.0 %) of the total grant funds. At the end of each quarter, four percent (4.0 %) of all Funds distributed by the Fiscal Agent on behalf of the Strong Workforce Program during the preceding quarter, shall be withdrawn from the Funds account, as payment for Fiscal Agent fees. The amount of the Fiscal Agent A full accounting of Fiscal Agent fees will also withdrawn shall be reported each month, as a separate line item in Funds receipt and distribution.

Appears in 1 contract

Samples: Standard Agreement

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