Common use of Renewal Proposal Clause in Contracts

Renewal Proposal. In lieu of the sixth-year annual report, the Awardee may submit a renewal proposal that contains a cumulative progress report covering the period from the beginning of the fourth year to the date of submission of the renewal proposal, a request for support for years seven through ten, and plans for center activities during that last four-year period of this Cooperative Agreement. The progress report/renewal proposal is due at NSF by a date agreed upon between NSF and the Awardee. If the Awardee chooses not to submit a renewal proposal, NSF support to the Center will be phased down over the two years remaining in the period of support provided by this Cooperative Agreement.

Renewal Proposal. In lieu of the third-year and sixth-year annual reportreports, respectively, the Awardee may submit a renewal proposal that contains a cumulative progress report covering the period from the beginning of the fourth Center to that date and renewal proposal to NSF requesting support for an additional five-year to period beginning at the date of submission end of the renewal proposal, a request third year and for support for years seven through ten, and plans for center activities during that last an additional four-year period beginning at the end of the sixth year of this Cooperative Agreement. The progress report/renewal proposal is due at NSF by a date agreed upon between NSF and the Awardee. If the Awardee chooses not to submit a renewal proposal, NSF support to the Center will be phased down over the two years remaining in the period of support provided by this Cooperative Agreement.