UNEARNED GRANT FUNDS Sample Clauses

UNEARNED GRANT FUNDS. Unless otherwise specified in a Grant award document, all unearned Federal Grant funds on hand at the end of the Grant period shall be returned to DCF within sixty (60) days of the end of the grant period. Revenue is earned when the allowed expenses (according to the Grant terms) are incurred and properly reported (according to the Grant terms) and timely submitted to DCF for reimbursement. The Grantee shall remit the amount due by check or money order, payable to DCF as coordinated with the Granting Agency. Grantees may keep any interest or other investment income earned on advances of DCF Grant funds as long as the monies are reinvested in the Grant itself. This includes any interest or investment income earned by sub-grantees and cost-type contractors on advances to them that are attributable to advances of DCF Grant funds to the Grantee. DCF may seek recovery of costs due to litigation.
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UNEARNED GRANT FUNDS. 13 �itials of Grantee Agency's Authorizing Official
Sample 1
UNEARNED GRANT FUNDS. 1. Unless otherwise specified in a Grant award document, all unearned Federal Grant funds on hand at the end of the Grant period shall be returned to KDADS within thirty (30) calendar days of the end of the grant period. Revenue is earned when the allowed expenses (according to the Grant terms) are incurred and properly reported (according to the Grant terms) and timely submitted to KDADS. The Grantee shall remit the amount due by check or money order payable to KDADS as coordinated with the Grantee. 2. Grantees may keep any interest or other investment income earned on advances of KDADS Grant funds as long as the monies are reinvested in the Grant itself. This 3. For Grants based on performance measures rather than line item budgets, recoupment of Grant funds will be based on non-compliance of performance.
Sample 1
UNEARNED GRANT FUNDS. 1. Unless otherwise specified in a Grant award document, all unearned Federal Grant funds on hand at the end of the Grant period shall be returned to KDADS within thirty (30) calendar days of the end of the grant period. Revenue is earned when the allowed expenses (according to the Grant terms) are incurred and properly reported (according to the Grant terms) and timely submitted to KDADS. The Grantee shall remit the amount due by check or money order payable to KDADS as coordinated with the Grantee. 2. Grantees may keep any interest or other investment income earned on advances of KDADS Grant funds as long as the monies are reinvested in the Grant itself. This includes any interest or investment income earned by sub-grantees and cost-type contractors on advances to them that are attributable to advances of KDADS Grant funds to the Grantee. Upon the close out of each Grant term, the Grantee shall 3. For Grants based on performance measures rather than line item budgets, recoupment of Grant funds will be based on non-compliance of performance.
Sample 1
UNEARNED GRANT FUNDS. Unless otherwise specified in a Grant award document, all unearned Federal Grant funds on hand at the end of the Grant period shall be returned to KDADS within thirty (30) calendar days of the end of the grant period. Revenue is earned when the allowed expenses (according to the Grant terms) are incurred and properly reported (according to the Grant terms) and timely submitted to KDADS. The Grantee shall remit the amount due by check or money order payable to KDADS as coordinated with the Grantee. Grantees may keep any interest or other investment income earned on advances of KDADS Grant funds as long as the monies are reinvested in the Grant itself. This includes any interest or investment income earned by sub-grantees and cost-type contractors on advances to them that are attributable to advances of KDADS Grant funds to the Grantee. Upon the close out of each Grant term, the Grantee shall report to KDADS all applicable investment income earned on advanced Grant funds. Any and all investment income earned and for which there is a lack of documentation verifying the reinvestment of such income in the Grant, shall be paid to KDADS within thirty (30) calendar days from the end of each Grant term. For Grants based on performance measures rather than line item budgets, recoupment of Grant funds will be based on non-compliance of performance.
Sample 1

Related to UNEARNED GRANT FUNDS

  • GRANT FUNDS The Provider will not commingle grant funds (payments and reimbursements made under this Agreement) with other personal or business accounts. The U.S. Department of Justice, DOJ Grants Financial Guide does not require physical segregation of cash deposits or the establishment of any eligibility requirements for funds which are provided to a Provider. The Provider’s accounting systems must ensure grant funds are not commingled with funds on either a program-by-program or a project-by-project basis. Grant funds specifically budgeted and received for one project may not be used to support another. Where the Provider's existing accounting system cannot comply with this requirement, the Provider will establish an additional accounting system to provide adequate grant fund accountability for each project. In accordance with the provisions of section 287.0582, Florida Statutes, if the terms of this Agreement and reimbursement contemplated by this Agreement extend beyond the current fiscal year, the OAG's performance and obligation to reimburse under this Agreement are contingent upon an annual appropriation and spending authority by the Florida Legislature. In addition, the OAG’s performance and obligation to reimburse under this Agreement is contingent upon the OAG's Victims of Crime Act award, as funded through the U.S. Department of Justice, Office for Victims of Crime formula grant program.

  • Payment of Grant On or before the 30th day following the close of each calendar quarter that falls within the Term, Grantee shall submit an invoice to Project Monitor detailing all Project Account costs for the prior three calendar months, to the extent that the prior three calendar months fall within the Term, along with all supporting documentation and support therefor, as described in Paragraph 7 of this Grant Contract. Costs contained in untimely, unsupported, or otherwise incomplete invoices shall be deemed Unauthorized Costs, for which Sponsor shall not be liable, directly or indirectly. Grantee shall submit invoices to the Human Services Office via email on the following dates: For the period of July – September, due on or before October 31, 2024 For the period of October – December, dues on or before January 31, 2025 For the period of January – March, due on or before April 30, 2025 For the period of April – June, due on or before June 30, 2025 Xxxxxxx’s invoices submitted hereunder shall be handled as all other claims against the Sponsor. No payment shall be made for Unauthorized Costs. The Sponsor shall authorize payment for Xxxxxxx’s invoices only after Project Monitor assures the Sponsor in writing that Services rendered by Grantee prior to the date of making the claim were performed in accordance with the Grant Contract, and that all costs conform to the Project Budget. Such assurance shall include the submission of all supporting documentation and support for costs as described in Paragraph 7 of this Grant Contract.

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