Common use of Allowable Uses Clause in Contracts

Allowable Uses. As provided in the CARES Act, Grantee will use Grant Funds provided only to cover costs that- a. Are necessary expenditures incurred due to the public health emergency with respect to the Coronavirus Disease 2019 (COVID-19) (“necessary expenditures”); b. Were not accounted for in the budget most recently approved as of March 27, 2020, for Grantee; and c. Were incurred during the period that begins on March 1, 2020 and ends on December 30, 2020.

Appears in 2 contracts

Sources: Cares Act Funding Agreement, Cares Act Funding Agreement