Common use of System for Award Management and Universal Identifier Requirements Clause in Contracts

System for Award Management and Universal Identifier Requirements. ‌ This award term was extracted verbatim from Appendix A to Part 25. For these purposes, the term “you” means the NSF recipient. A. Requirement for System for Award Management Unless you are exempted from this requirement under 2 CFR § 25.110, you as the recipient must maintain current information in the ▇▇▇. This includes information on your immediate and highest level owner and subsidiaries, as well as on all of your predecessors that have been awarded a Federal contract or Federal financial assistance within the last three years, if applicable, until you submit the final financial report required under this Federal award or receive the final payment, whichever is later. This requires that you review and update the information at least annually after the initial registration, and more frequently if required by changes in your information or another Federal award term.

Appears in 2 contracts

Sources: Cooperative Agreement, Cooperative Agreement