Common use of Requesting Advances Clause in Contracts

Requesting Advances. Requests for advances must be submitted via the ASAP system. Requests may be submitted as frequently as required to meet the needs of the financial assistance recipient to disburse funds for the Federal share of project costs. If feasible, each request should be timed so that payment is received on the same day that funds are dispersed for direct project costs and the proportionate share of any allowable indirect costs. If same-day transfers are not feasible, advance payments must be as close to actual disbursements as administratively feasible.

Requesting Advances. Requests for advances must be submitted via made through the ASAP system. Requests You may be submitted submit requests as frequently as required to meet the your needs of the financial assistance recipient to disburse funds for the Federal share of project costs. If feasible, you should time each request should be timed so that you receive payment is received on the same day that you disburse funds are dispersed for direct project costs and the proportionate share of any allowable indirect costs. If same-day transfers are not feasible, advance payments must be as close as is administratively feasible to actual disbursements as administratively feasibledisbursements.

Requesting Advances. Requests for advances must be submitted via made through the ASAP system. Requests You may be submitted submit requests as frequently as required to meet the your needs of the financial assistance recipient to disburse funds for the Federal share of project costs. If feasible, you should time each request should be timed so that you receive payment is received on the same day that you disperse funds are dispersed for direct project costs and the proportionate share of any allowable indirect costs. If same-day transfers are not feasible, advance payments must be as close to actual disbursements as administratively feasible.