Common use of Grant Reimbursement Clause in Contracts

Grant Reimbursement. PHOENIX agrees to reimburse SUBRECIPIENT for its federal share for the purchase of items/services shown in the “Project Description” box on Exhibit ▇-▇, ▇▇▇▇▇▇▇ ▇-▇, and Exhibit A-3. SUBRECIPIENT shall comply with all requirements in 2 CFR Part 200, “Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards,” which are incorporated by reference. For any allowable and eligible indirect costs charged to the Grant, SUBRECIPIENT shall provide a cost allocation plan/indirect cost rate approved by the SUBRECIPIENT’s cognizant federal agency, or those without an approved cost allocation plan may elect to charge a de minimis rate of 10% of modified total direct costs (“MTDC”) in accordance with 2 CFR Part 200.414 before receiving reimbursement. Reimbursement shall not exceed the federal funds allocated to SUBRECIPIENT, unless approved in writing by PHOENIX. The total federal funds allocated to SUBRECIPIENT under this Agreement shall not exceed $591,722. No reimbursements shall be made unless all required reports have been submitted. The term of this Agreement begins on the Effective Date provided above and projects led by SUBRECIPIENT must be completed and reimbursement must be requested by December 31, 2022. Funding for uncompleted and unbilled projects will be reassigned at the discretion of PHOENIX, as needed to close out the Grant. This Agreement will terminate after all federal and PHOENIX requirements have been met and PHOENIX has closed out the Grant.

Grant Reimbursement. PHOENIX agrees to reimburse SUBRECIPIENT for its federal share for the purchase of items/services shown in the “Project Description” box on Exhibit ▇-▇, ▇▇▇▇▇▇▇ ▇-▇, and Exhibit A-3A-1. SUBRECIPIENT shall comply with all requirements in 2 CFR Part 200, “Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards,” which are incorporated by reference. For any allowable and eligible indirect costs charged to the Grant, SUBRECIPIENT shall provide a cost allocation plan/indirect cost rate approved by the SUBRECIPIENT’s cognizant federal agency, or those without an approved cost allocation plan may elect to charge a de minimis rate of 10% of modified total direct costs (“MTDC”) in accordance with 2 CFR Part 200.414 before receiving reimbursement. Reimbursement shall not exceed the federal funds allocated to SUBRECIPIENT, unless approved in writing by PHOENIX. The total federal funds allocated to SUBRECIPIENT under this Agreement shall not exceed $591,722653,870. No reimbursements shall be made unless all required reports have been submitted. The term of this Agreement begins on the Effective Date provided above and projects led by SUBRECIPIENT must be completed and reimbursement must be requested by December 31June 30, 2022. Funding for uncompleted and unbilled projects will be reassigned at the discretion of PHOENIX, as needed to close out the Grant. This Agreement will terminate after all federal and PHOENIX requirements have been met and PHOENIX has closed out the Grant.