Common use of Amounts Owed to the Federal Government Clause in Contracts

Amounts Owed to the Federal Government. The Recipient agrees to return to the Federal Government any excess federal payments it receives for disallowed costs, and the Federal Government’s proportionate part of any amounts it recovers from third parties or other sources, including refunds due and amounts recovered from third parties or other sources, interest assessed, penalties, and administrative charges.

Appears in 26 contracts

Samples: Interlocal Cooperation Contract, Demand Rideshare Project Contract, www.transit.dot.gov

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Amounts Owed to the Federal Government. The Recipient agrees to return to the Federal Government any excess federal payments it receives for disallowed costs, and the Federal Government’s proportionate part of any amounts it recovers from third parties or other sources, including refunds due and amounts recovered from third parties or other sources, interest assessed, penalties, and administrative charges.charges.‌

Appears in 1 contract

Samples: Terms of Agreement

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