Common use of Recoupment of Funds Clause in Contracts

Recoupment of Funds. Subrecipient must refund to TDEM any sum of these award funds that TDEM and/or DHS/FEMA determines to be an overpayment to and/or has not been spent by Subrecipient in accordance with this award. Refund payment(s) may be made from local, state, or federal grant funds unless prohibited by federal regulation or other provision. Nothing in Exhibit I-Recoupment of Federal Funds shall limit TDEM’s ability to implement alternative remedies for which it has authority to resolve outstanding recoupments or to limit TDEM’s ability to take immediate recoupment action(s) after notice of required refund has been made.

Recoupment of Funds. Subrecipient must refund to TDEM any sum of these award funds that TDEM and/or DHS/FEMA determines to be an overpayment to and/or has not been spent by Subrecipient in accordance with this award. Refund payment(s) may be made from local, state, or federal grant funds unless prohibited by federal regulation or other provision. Nothing in Exhibit I-Recoupment of Federal Funds shall limit TDEM’s ability to implement alternative remedies for which it has authority to resolve outstanding recoupments or to limit TDEM’s ability to take immediate recoupment action(s) after notice of required refund has been made.