Subaward Definition: 534 Samples | Law Insider
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Get StartedSchedule a DemoSubaward means an award by a Prime Recipient to a Subrecipient funded in whole or in part by a Federal Award. The terms and conditions of the Federal Award flow down to the Subaward unless the terms and conditions of the Federal Award specifically indicate otherwise in accordance with 2 CFR 200.101. The term does not include payments to a Contractor or payments to an individual that is a beneficiary of a Federal program.View SourceBased on 109 documents109Examples of Subaward in a sentence
This Article shall survive the expiration or termination of this Subaward.
However, in no event shall Subrecipient's obligation to fully satisfy all of the requirements of this Subaward be relieved, excused or limited thereby.
LESSEE agrees to comply with the requirements of Appendix A, General Provisions, attached to this lease, as well as all standard assurances and one-time submissions contained in of the Grant (Federal Award Identification Number ▇▇▇▇-▇▇▇▇-▇, dated August 23, 2017) and Subaward Agreement dated September 29, 2017, incorporated by reference.
The General Provisions require that LESSEE must comply with all relevant rules and regulations applicable to LESSEE regarding the use of said vehicles including those contained in the Cost Reimbursement Subaward Agreement entered into by the parties and all Exhibits included therewith.
This Agreement may not be assigned in whole or in part to any other recipient as a second tier Subaward.
More Definitions of Subaward
Subaward means an award of financial assistance in the form of money, or property in lieu of money, made under an award by a Recipient to an eligible Subrecipient or by a Subrecipient to a lower- tier subrecipient. The term includes financial assistance when provided by any legal agreement, even if the agreement is called a contract, but does not include the Recipient’s procurement of goods and services to carry out the program nor does it include any form of assistance which is excluded from the definition of “Award” above.View SourceBased on 76 documents76Filter & Search
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- Award
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