Common use of System for Award Management (XXX) Clause in Contracts

System for Award Management (XXX). ‌ XXX is the official federal system that collects, validates, stores, and disseminates business information about the federal government's trading partners in support of contract awards, grants, and electronic payment processes. A XXX registration is required for an entity to be able to apply for federal grants, to request modifications to existing grants, and to enable them to closeout expiring grants. See Training and Employment Notice 18-17 for additional guidance. Unless the grant award recipient is exempt from this requirement under 2 CFR 25.110, the grantee must maintain current its information in the XXX. This includes information on the recipient’s immediate and highest level owner and subsidiaries, as well as on all of the recipient’s predecessors that have been awarded a Federal contract or Federal financial assistance within the last three years, if applicable, until the grantee submits the final financial report required under this Federal award or receive the final payment, whichever is later. This requires that the grantee review and update the information at least annually after the initial registration, and more frequently if required by changes in its information or another Federal award term.

System for Award Management (XXX). ‌ XXX is the official federal system that collects, validates, stores, and disseminates business information about the federal government's trading partners in support of contract awards, grants, and electronic payment processes. A XXX registration is required for an entity to be able to apply for federal grants, to request modifications to existing grants, and to enable them to closeout expiring grants. See Training and Employment Notice (TEGL) 18-17 for additional guidance. Unless the grant award recipient is exempt from this requirement under 2 CFR 25.110, the grantee grant recipient must maintain current its information in the XXX. This includes information on the recipient’s immediate and highest level owner and subsidiaries, as well as on all of the recipient’s predecessors that have been awarded a Federal contract or Federal financial assistance within the last three years, if applicable, until the grantee grant recipient submits the final financial report required under this Federal award or receive the final payment, whichever is later. This requires that the grantee grant recipient review and update the information at least annually after the initial registration, and more frequently if required by changes in its information or another Federal award term.

System for Award Management (XXX). ‌ XXX is the official federal system that collects, validates, stores, and disseminates business information about the federal government's trading partners in support of contract awards, grants, and electronic payment processes. A XXX registration is required for an entity to be able to apply for federal grants, to request modifications to existing grants, and to enable them to closeout expiring grants. See Training and Employment Notice 18-17 for additional guidance. Unless the grant award recipient is exempt from this requirement under 2 CFR 25.110, the grantee must maintain current its information in the XXX. This includes information on the recipient’s immediate and highest level owner and subsidiaries, as well as on all of the recipient’s predecessors that have been awarded a Federal contract or Federal financial assistance within the last three years, if applicable, until the grantee submits the final financial report required under this Federal award or receive the final payment, whichever is later. This requires that the grantee review and update the information at least annually after the initial registration, and more frequently if required by changes in its information or another Federal award term.