Common use of Submission Requirement Clause in Contracts

Submission Requirement. In accordance with Section 10339B, Foreign Financial Support, of the CHIPS and Science Act of 2022, (42 U.S.C. § 19040), each "recipient institution of higher education" must annually report all "current financial support, the value of which is $50,000 or more19, including gifts and contracts, received directly or indirectly from a foreign source" which is “associated with a foreign country of concern,” as defined in the PAPPG Introduction, Section

Submission Requirement. In accordance with Section 10339B, Foreign Financial Support, of the CHIPS and Science Act of 2022, (42 U.S.C. § 19040), each "recipient institution of higher education" must annually report all "current financial support, the value of which is $50,000 or more19more21, including gifts and contracts, received directly or indirectly from a foreign source" which 21 The reporting requirement is a cumulative value of $50,000 or more per source during the reporting period. is “associated with a foreign country of concern,” as defined in the PAPPG Introduction, Section