Deobligation definition
Examples of Deobligation in a sentence
The Federal obligation level will be amended by the Grant Officer to increase (or adjust) amounts available to the recipient as funds become available for obligation and additional Notice of Award (or Deobligation) grant modifications are required and issued.
De-obligation of awards may occur based on year-to-date expenses at nine months; 75% of the projected expenses identified in the Budget Expenditures timeline must have been incurred and reported on the Quarterly Performance Report .
Deobligation, if imposed, will not affect disbursed funds but will affect any remaining amount of awarded funds.
Deobligation: the 911 Board’s cancellation or downward adjustment of all or part of the grant award.
The Federal obligation level will be amended by the Grant Officer to increase (or adjust) amounts available to the Grantee as funds become available for obligation and additional Notice of Obligation (or Deobligation) grant modifications are required and issued.
Upon termination of this Agreement, any unexpended funds shall be subject to the terms and conditions of this Agreement and the Monmouth County Community Development Program's Deobligation and Reprogramming and all other Program policies, as applicable.
De-obligation for failure to meet contract schedules for the delivery of services shall be governed by Contractor’s adherence to their Work Activity Schedule as referenced in Exhibit I.
Deobligation requires any previously paid funds to be returned to TDEM within thirty calendar days, per the State Administrative Plan.
Deobligation decisions may be appealed to the Executive Committee of the Workforce Investment Board of Will County.
The Federal obligation level will be amended by the Grant Officer to increase (or adjust) amounts available to the Grantee as funds become available for obligation and additional NOO (or Deobligation) grant modifications are required and issued.