Common use of Award Budget Clause in Contracts

Award Budget. (a) The total dollar amount obligated to this Agreement is identified on the HUD form 1044, as the “Total Instrument Amount.” The amount establishes the ceiling for the total payment of allowable costs during the award period of performance; the total amount of all payments made under this award must not exceed the ceiling amount. HUD will not reimburse the awardee for costs incurred beyond the dollar amount obligated to this award.

Appears in 4 contracts

Samples: Cooperative Agreement, www.hud.gov, www.hud.gov

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