Common use of Regulation for Use of Funds Clause in Contracts

Regulation for Use of Funds. The use of funds received pursuant to this Agreement shall be in accordance with the requirements of the American Recovery and Reinvestment Act of 2009, other regulations governing the use of contract funds, and any amendments or policy revisions thereto which shall become effective during the term of this Agreement. It is the Non-profit subgrantee’s responsibility to read, understand, and comply with these regulations and to timely provide any information necessary to enable the City to comply with its own reporting obligation .

Regulation for Use of Funds. The use of funds received pursuant to this Agreement shall be in accordance with the requirements of the American Recovery and Reinvestment Act of 2009, other regulations governing the use of contract funds, and any amendments or policy revisions thereto which shall become effective during the term of this Agreement. It is the Non-profit subgrantee’s responsibility to read, understand, and comply with these regulations and to timely provide any information necessary to enable the City to comply with its own reporting obligation obligation.