Fixed Amount Award definition

Fixed Amount Award means a type of grant agreement under which the awarding agency or pass-through entity provides a specific level of support without regard to actual costs incurred under the award. "Fixed amount awards" reduce some of the administrative burden and recordkeeping requirements for both the awardee and awarding agency or pass-through entity. Accountability is based primarily on performance and results.
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Fixed Amount Award means a type of grant agreement providing a specific level of support without regard to actual costs incurred under the award. While total funding will be predetermined for awards, reporting will be required. Grantee will receive the specific sum of the award regardless of the actual costs incurred.
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Fixed Amount Award means a type of grant that provides a specific level of support, usually on a per unit basis, without regard to actual costs incurred. For fixed amount awards, accountability is based on
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Examples of Fixed Amount Award in a sentence

  • In addition, the AO must ensure the Fixed Amount Award includes ONLY the applicable “Required, As Applicable” provisions from ADS 303mat, Standard Provisions for Fixed Amount Awards to Nongovernmental Organizations.

  • WaterAid retains the right to conduct a financial or programmatic review, require an audit, or otherwise ensure adequate accountability of funds provided under this Fixed Amount Award.

  • Any notice or request required or permitted to be given or made under this Fixed Amount Award shall be in writing and in the English language.

  • The operating unit must not use the Fixed Amount Award mechanism if there is an unacceptably high risk of failure or substantial changes in the milestones are expected as the recipient implements its program.

  • The agreed upon Deliverables and Schedule of Milestones for funding under this Grant Agreement are included as Attachment C to this Fixed Amount Award entitled Deliverable and Milestone Payment Schedule.

  • For further guidance concerning the cost information required and payment structuring, see ADS 303saj, Fixed Amount Awards to Non-Governmental Organizations and ADS 303mak, Fixed Amount Award Entity Eligibility Checklist.

  • For engagements of this nature, the Contractor shall conduct reviews and examinations to assist USAID in determining the eligibility of the potential IP(s) to receive a Fixed Amount Award.

  • This Grant is a Fixed Amount Award issued pursuant to the Prime Contract between Palladium and USAID.


More Definitions of Fixed Amount Award

Fixed Amount Award means a type of grant that provides a specific level of support, usually on a per unit basis, without regard to actual costs incurred. For fixed amount awards, accountability is based on performance and results, and grantees receive progress payments.
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Fixed Amount Award means a type of grant agreement providing a specific level of support without regard to actual costs incurred under the award. While total funding will
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Fixed Amount Award means a type of Grant Agreement under which the federal or State awarding agency or PTE provides a specific level of support without regard to actual costs incurred under the award. "Fixed amount awards" reduce some of the administrative burden and recordkeeping requirements for both the awardee and awarding agency or PTE. Accountability is based primarily on performance and results.
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Fixed Amount Award means a type of Grant Agreement under which the federal
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Related to Fixed Amount Award

  • Fixed Amount has the meaning assigned to such term in Section 1.10(c).

  • Adjusted Pool Amount (PO Portion) With respect to any Distribution Date, the sum of the amounts, calculated as follows, with respect to all Outstanding Mortgage Loans: the product of (i) the PO Fraction for each such Mortgage Loan and (ii) the remainder of (A) the Cut-Off Date Principal Balance of such Mortgage Loan minus (B) the sum of (x) all amounts in respect of principal received in respect of such Mortgage Loan (including, without limitation, amounts received as Monthly Payments, Periodic Advances, Unscheduled Principal Receipts and Substitution Principal Amounts) and distributed to Holders of the Certificates on such Distribution Date and all prior Distribution Dates and (y) the principal portion of any Realized Loss (other than a Debt Service Reduction) incurred on such Mortgage Loan from the Cut-Off Date through the end of the month preceding such Distribution Date.

  • Maximum Basic Grant Amount’ has the same meaning as set out in item 1 of Schedule 1 of HESA;

  • Grant Amount has the meaning set forth in Article 3(A) of this Agreement. “Performance Period” has the meaning set forth in Article 5(B) of this Agreement. “Project” has the meaning set forth in Article 3(A) of this Agreement.

  • Adjusted Pool Amount With respect to any Distribution Date and Loan Group, the Cut-off Date Pool Principal Balance of the Mortgage Loans in such Loan Group minus the sum of (i) all amounts in respect of principal received in respect of the Mortgage Loans in such Loan Group (including, without limitation, amounts received as Monthly Payments, Periodic Advances, Principal Prepayments, Liquidation Proceeds and Substitution Adjustment Amounts) and distributed to Holders of the Certificates on such Distribution Date and all prior Distribution Dates and (ii) the principal portion of all Realized Losses (other than Debt Service Reductions) incurred on the Mortgage Loans in such Loan Group from the Cut-off Date through the end of the month preceding such Distribution Date.