OSBM definition

OSBM means the Office of State Budget and Management.
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Examples of OSBM in a sentence

  • Updated SOFLs are released weekly and are available on the OSBM website (▇▇▇▇▇://▇▇▇.▇▇▇▇.▇▇.▇▇▇/management/grants).

  • Pursuant to this legislation, the League received two Award Agreements from the Office of State Budget and Management (hereinafter OSBM) and the North Carolina Pandemic Recovery Office (hereinafter NCPRO).

  • The LHD will not enter into a subcontractual financial assistance agreement with any entity on the current North Carolina Office of State Budget and Management (OSBM) “Suspension of Funding” list (SOFL) and shall withhold funds not yet disbursed until the entity has been removed from the SOFL.

  • Additional conditions may also be placed on the Recipient for noncompliance with the specified terms and conditions of this MOA, including, but not limited to, additional monitoring and possible placement of Recipient on the Suspension of Funding List (SOFL) maintained by the State Office of State Budget & Management (OSBM) ▇▇▇▇▇://▇▇▇.▇▇▇▇.▇▇.▇▇▇/stewardship-services/grants-management-system/suspension-funding- memos .

  • Session Law 2021-180 Section 4.9(e) directs the Agency to disburse funds to nonprofits as follows: State Fiscal Recovery Fund funds shall be allocated to nonprofit organizations on a quarterly basis unless OSBM determines that cash flow or the nature of the program being funded requires otherwise.

  • The SUB‐RECIPIENT shall indemnify and hold the COUNTY harmless from any and all liability for the entire amount of the grant money used for any improper purpose and for which the COUNTY may be held liable to the OSBM.

  • The SUB‐RECIPIENT is solely responsible for any and all funds granted to it by the COUNTY and shall promptly return to the COUNTY the full sum of any amounts spent in a manner not approved by this Contract or by the OSBM.

  • The SUB‐RECIPIENT is fully liable to the COUNTY for the entire amount of the grant used for any improper purpose and for which the COUNTY may be held liable to the OSBM.

  • Following receipt of the monthly reports and substantiation for the amount requested for reimbursement, as required by OSBM, the County shall reimburse the Municipality for the funds expended.

  • Mileage and subsistence rates are determined by the State of North Carolina Office of State Budget and Management (OSBM) and the rates are available on the OSBM website at ▇▇▇▇▇://▇▇▇.▇▇▇▇.▇▇.▇▇▇/budman5- travel-policies.