Common use of Requirement for System for Award Management Clause in Contracts

Requirement for System for Award Management. Unless a recipient is exempted from this requirement under 2 CFR § 25.110, Exceptions to this part, the recipient must maintain a current and active registration in ▇▇▇.▇▇▇. The recipient’s registration must always be current and active until the recipient submits all final reports required under this Federal award or receives the final payment, whichever occurs later. The recipient must review and update its information in ▇▇▇.▇▇▇ at least annually from the date of its initial registration or any subsequent updates to ensure it is current, accurate and complete. If applicable, the recipient must identify its immediate and highest-level owners and subsidiaries and provide information about its predecessors that have received a Federal award or contract within the last three years. For the purposes of this award term:

Requirement for System for Award Management. (1) Unless a recipient is exempted exempt from this requirement under 2 CFR § 25.110, Exceptions to this part, the recipient must maintain a current and active registration in ▇▇▇.▇▇▇. The recipient’s 's registration must always be current and active until the recipient submits all final reports required under this Federal award or receives the final payment, whichever occurs is later. The recipient must review and update its information in ▇▇▇.▇▇▇ at least annually from the date of its initial registration or any subsequent updates to ensure it is current, accurate accurate, and complete. If applicable, this includes identifying the recipient must identify its recipient's immediate and highest-level owners owner and subsidiaries and provide providing information about its the recipient's predecessors that have received a Federal award or contract within the last three years. For the purposes of this award term:.