Reimbursement Limitation. If the sponsor expends more than the amount of federal funding in its approved budget in anticipation of receiving additional funds, it does so at its own risk. The Federal Government and RCO is not legally obligated to reimburse Sub-Recipient for costs incurred in excess of the approved budget.
Appears in 2 contracts
Samples: Funding Board Project Agreement, Funding Board Project Agreement
Reimbursement Limitation. If the sponsor expends more than the grant amount of federal funding in this Agreement in its approved budget in anticipation of receiving additional funds, it does so at its own risk. The Federal Government and RCO is not legally obligated to reimburse Sub-Recipient the sponsor for costs incurred in excess of the approved budget. See also Section 11: Project Reimbursements.
Appears in 2 contracts
Samples: Funding Board Project Agreement, Funding Board Project Agreement
