Common use of Sanctions and Penalties Clause in Contracts

Sanctions and Penalties. 15.1 The Grantee acknowledges and accepts that special conditions may be imposed by TWC, and certain enforcement remedies exercised (set forth within OMB UG, 2 C.F.R. Part 200) if the Grantee has been designated as a "high risk" grantee. Special conditions or restrictions could include: • payment on a reimbursement basis; • withholding authority to proceed to the next project phase until receipt of evidence of acceptable performance; • additional and more detailed financial reporting; • additional project monitoring; • requiring the Grantee to obtain technical or management assistance; • establishing additional prior approvals; or • other conditions or restrictions appropriate to the circumstances. 15.2 The Grantee acknowledges and accepts that failure of the Grantee to comply with any provision of this grant award, whether stated in a federal or state statute or regulation, Commission rule, an assurance, a certification, an application or TWC policy or procedure referenced in a grant award may subject the Grantee to sanctions and enforcement or remedial measures appropriate to the circumstances, including temporary withholding of cash payments, disallowance of costs, whole or partial suspension of the award, withholding of further awards, or other remedies that may be legally available.

Sanctions and Penalties. 15.1 The Grantee acknowledges and accepts that special conditions may be imposed by TWC, and certain enforcement remedies exercised (set forth within OMB UG, 2 C.F.R. Part 200) if the Grantee has been designated as a "high risk" grantee. Special conditions or restrictions could include: • payment on a reimbursement basis; • withholding authority to proceed to the next project phase until receipt of evidence of acceptable performance; • additional and more detailed financial reporting; • additional project monitoring; • requiring the Grantee to obtain technical or management assistance; • establishing additional prior approvals; or • other conditions or restrictions appropriate to the circumstances. 15.2 The Grantee acknowledges and accepts that failure of the Grantee to comply with any provision of this grant award, whether stated in a federal or state statute or regulation, Commission rulerules, an assurance, a certification, an application or TWC policy policies or procedure procedures referenced in a grant award may subject the Grantee to sanctions and enforcement or remedial measures appropriate to the circumstances, including temporary withholding of cash payments, disallowance of costs, whole or partial suspension of the award, withholding of further awards, or other remedies that may be legally available.

Sanctions and Penalties. 15.1 The Grantee acknowledges and accepts that special conditions may be imposed by TWC, and certain enforcement remedies exercised (set forth within OMB UG, 2 C.F.R. Part 200) if the PQI GTCs (12-22) Grantee has been designated as a "high risk" grantee. Special conditions or restrictions could include: • payment on a reimbursement basis; • withholding authority to proceed to the next project phase until receipt of evidence of acceptable performance; • additional and more detailed financial reporting; • additional project monitoring; • requiring the Grantee to obtain technical or management assistance; • establishing additional prior approvals; or • other conditions or restrictions appropriate to the circumstances. 15.2 The Grantee acknowledges and accepts that failure of the Grantee to comply with any provision of this grant award, whether stated in a federal or state statute or regulation, Commission rulerules, an assurance, a certification, an application or TWC policy policies or procedure procedures referenced in a grant award may subject the Grantee to sanctions and enforcement or remedial measures appropriate to the circumstances, including temporary withholding of cash payments, disallowance of costs, whole or partial suspension of the award, withholding of further awards, or other remedies that may be legally available.

Sanctions and Penalties. 15.1 14.1 The Grantee acknowledges and accepts that special conditions may be imposed by TWCthe Agency, and certain enforcement remedies exercised (set forth within OMB UG, 2 C.F.R. Part 200) ), if the Grantee has been designated as a "high risk" grantee. Special conditions or restrictions could include: • payment on a reimbursement basis; • withholding authority to proceed to the next project phase until receipt of evidence of acceptable performance; • additional and more detailed financial reporting; • additional project monitoring; • requiring the Grantee to obtain technical or management assistance; • establishing additional prior approvals; or • other conditions or restrictions appropriate to the circumstances. 15.2 14.2 The Grantee acknowledges and accepts that failure of the Grantee to comply with any provision of this grant award, whether stated in a federal or state statute or regulation, Commission rulerules, an assurance, a certification, an application application, or TWC policy Agency policies or procedure procedures referenced in a grant award may subject the Grantee to sanctions and enforcement or remedial measures appropriate to the circumstances, including temporary withholding of cash payments, disallowance of costs, whole or partial suspension of the award, withholding of further awards, or other remedies that may be legally available.

Sanctions and Penalties. 15.1 The Grantee acknowledges and accepts that special conditions may be imposed by TWC, and certain enforcement remedies exercised (set forth within OMB UG, 2 C.F.R. Part 200) if the Grantee has been designated as a "high risk" grantee. Special conditions or restrictions could include: • payment on a reimbursement basis; • withholding authority to proceed to the next project phase until receipt of evidence of acceptable performance; • additional and more detailed financial reporting; • additional project monitoring; • requiring the Grantee to obtain technical or management assistance; • establishing additional prior approvals; or • other conditions or restrictions appropriate to the circumstances. 15.2 The Grantee acknowledges and accepts that failure of the Grantee to comply with any provision of this grant award, whether stated in a federal or state statute or regulation, Commission rule, an assurance, a certification, an application or TWC policy or procedure referenced in a grant award may subject the Grantee to sanctions and enforcement or remedial measures appropriate to the circumstances, including temporary withholding of cash payments, disallowance of costs, whole or partial suspension of the award, withholding of further awards, or other remedies that may be legally available.available.‌