Common use of Requirements for Federal Subawards Clause in Contracts

Requirements for Federal Subawards. The non-federal entity (Sponsor) must submit reports at least annually on the status of real property in which the federal government retains an interest, unless the federal interest in the real property extends 15 years or longer. In those instances where the federal interest attached is for a period of 15 years or more, the federal awarding agency or the pass-through entity (RCO), at its option, may require the Sponsor to report at various multi-year frequencies (e.g., every two years or every three years, not to exceed a five-year reporting period; or a federal awarding agency or RCO may require annual reporting for the first three years of a federal award and thereafter require reporting every five years) (2 C.F.R § 200.329 (2013)).

Requirements for Federal Subawards. The non-federal Federal entity (Sponsorsponsor) must submit reports at least annually on the status of real property in which the federal government Federal Government retains an interest, unless the federal Federal interest in the real property extends 15 years or longer. In those instances where the federal Federal interest attached is for a period of 15 years or more, the federal Federal awarding agency or the pass-through entity (RCO), at its option, may require the Sponsor sponsor to report at various multi-year frequencies (e.g., every two years or every three years, not to exceed a five-year reporting period; or a federal Federal awarding agency or RCO may require annual reporting for the first three years of a federal Federal award and thereafter require reporting every five years) (2 C.F.R § 200.329 (2013)).