Common Contracts
1 similar Fixed-Price Agreement contracts
Fixed-Price Agreement Close-out Certification FormFixed-Price Agreement • October 19th, 2017
After a project ends, all expenditures have been charged, and the sponsor has made final payment, SFA charges the full federally-negotiated indirect rate against the balance. If the remaining residual balance exceeds 20% of the original award amount, the Controller's Office contacts the sponsor to determine if this balance should be returned (unless the non-federal sponsor previously indicated in writing that SFA shall keep any residual balance).
