Deobligation. HUD may deobligate amounts for grants if proposed activi- ties are not begun or completed within a reasonable period of time after selec- tion.
Deobligation. (1) HUD may deobligate amounts:
Deobligation. The COUNTY may require an amendment to reduce the payment limits of this contract if it is determined by COUNTY that the CONTRACTOR need not or cannot expend the full amount of the contract, in order to fulfill its obligations hereunder. The decision to deobligate will be based upon review of programmatic achievement and the comparison of actual levels of expenditure with the expenditure projections included in Attachment B: Scope of Work. Amendments required under this provision are not subject to the conditions set forth in Paragraph 4, such that the amendment need not be signed by the CONTRACTOR. The COUNTY shall notify the CONTRACTOR of such amendments.
Deobligation. The Grants Specialist will de-obligate all remaining funds prior to close-out of the cooperative agreement. The Recipient must sign a Release of Claims prior to deobligation of remaining funds (APPENDIX F). If any issues related to compliance with the cooperative agreement arise, or the Recipient adds any conditions to the Release of Claims, the Office of Counsel will be consulted to advise the Grants Officer on the appropriate response.
Deobligation. Should the Department determine that a subrecipient has not used its funds consistent with the objectives of the Program or if a Subrecipient has not spent the total Subaward Funds by December 30, 2020, the Subrecipient is to pay the balance to the Department.
Deobligation. The GO will deobligate all remaining funds before closeout of the cooperative agreement. If any issues related to compliance with the cooperative agreement arise, the Office of Counsel will be consulted to advise the GO on the appropriate response. Close-Out Package The GO will send a letter and complete a closeout package to the NFE for review. The NFE will be required to acknowledge receipt of the Completion Statement (APPENDIX D) and recommend changes (if necessary) before the GO signing/approving. The closeout package includes: • Completion Statement – completed by the GO and to be signed by the GO (APPENDIX D) • Final Progress Report • Approval of the Final Progress Report – signed by the Program Official • Final Financial Reports • Property Reports • Deobligation Modification (if applicable) • Notification letter to NFE – to be signed by the GO Notify NFE The GO sends the letter notifying the NFE the cooperative agreement is closed out. The Official file includes a copy of the letter.
