Common use of Special Treatment Clause in Contracts

Special Treatment. In exceptional circumstances, NSF may approve use of a special award provision to restrict or eliminate an awardee’s control of income earned through NSF-supported activities if it determines that this would best serve the purposes of a particular program or award. The special provisions may require treatment of the program income via use of the deductive method, the Federal share of program income be kept in a separate account, or reported on and/or remitted for such periods as may be reasonable under the circumstances. If, in accordance with the award terms and conditions program income is designated for deductive treatment, it must be remitted to NSF by crediting costs otherwise chargeable against the award. Program Income in excess of the award will be remitted to NSF electronically or by check payable to the National Science Foundation.

Appears in 17 contracts

Samples: Cooperative Agreement, Cooperative Agreement, Cooperative Agreement

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Special Treatment. In exceptional circumstances, NSF may approve use of a special award provision to restrict or eliminate an awardee’s control of income earned through NSF-supported activities if it determines that this would best serve the purposes of a particular program or award. The special provisions may require treatment of the program income via use of the deductive method, the Federal share of program income be kept in a separate account, or reported on and/or remitted for such periods as may be reasonable under the circumstances. If, in accordance with the award terms and conditions program income is designated for deductive treatment, it must be remitted to NSF by crediting costs otherwise chargeable against the award. Program Income income in excess of the award will be remitted to NSF electronically or by check payable to the National Science Foundation.

Appears in 2 contracts

Samples: Cooperative Agreement, Cooperative Agreement

Special Treatment. In exceptional circumstances, NSF may approve use of a special award provision to restrict or eliminate an awardeea recipient’s control of income earned through NSF-supported activities if it determines that this would best serve the purposes of a particular program or award. The special provisions may require treatment of the program income via use of the deductive method, the Federal share of program income be kept in a separate account, account or reported on and/or remitted for such periods as may be reasonable under the circumstances. If, in accordance with the award terms and conditions program income is designated for deductive treatment, it must be remitted to NSF by crediting costs otherwise chargeable against the award. Program Income income in excess of the award will be remitted to NSF electronically or by check payable to the National Science Foundation.

Appears in 1 contract

Samples: Cooperative Agreement

Special Treatment. In exceptional circumstances, NSF may approve use of a special award provision to restrict or eliminate an awardeea recipient’s control of income earned through NSF-supported activities if it determines that this would best serve the purposes of a particular program or award. The special provisions may require treatment of the program income via use of the deductive method, the Federal share of program income be kept in a separate account, account or reported on and/or remitted for such periods as may be reasonable under the circumstances. If, in accordance with the award terms and conditions program income is designated for deductive treatment, it must be remitted to NSF by crediting costs otherwise chargeable against the award. Program Income income in excess of the award will be remitted to NSF electronically or by check payable to the U.S. National Science Foundation.

Appears in 1 contract

Samples: Cooperative Agreement

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Special Treatment. In exceptional circumstances, NSF may approve use of a special award grant provision to restrict or eliminate an awardeea grantee’s control of income earned through NSF-supported activities if it determines that this would best serve the purposes of a particular program or awardgrant. The special provisions may require treatment of the program income via use of the deductive method, the Federal share of program income be kept in a separate account, or reported on and/or remitted for such periods as may be reasonable under the circumstances. If, in accordance with the award grant terms and conditions program income is designated for deductive treatment, it must be remitted to NSF by crediting costs otherwise chargeable against the awardgrant. Program Income in excess of the award grant will be remitted to NSF electronically or by check payable to the National Science Foundation.

Appears in 1 contract

Samples: Subaward Agreement

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