Disallowed Costs. The Grantee is responsible for any audit exceptions or disallowed costs incurred by its own organization or that of its subgrants/subcontracts. COMMERCE may, in its sole discretion, withhold ten percent (10%) from each payment until acceptance by COMMERCE of the final report or completion of the project, etc.
Appears in 6 contracts
Sources: Grant Agreement, Revenue Contract, Grant Agreement
Disallowed Costs. The Grantee is responsible for any audit exceptions or disallowed costs incurred by its own organization or that of its subgrants/subcontractssubcontractors. COMMERCE may, in its sole discretion, withhold ten percent (10%) from each payment until acceptance by COMMERCE of the final report (or completion of the project, etc.).
Appears in 3 contracts
Sources: Interagency Agreement, Interagency Agreement, Interagency Agreement
Disallowed Costs. The Grantee is responsible for any audit exceptions or disallowed costs incurred by its own organization or that of its subgrants/subcontractssubgrantees. COMMERCE may, in its sole discretion, withhold ten percent (10%) from each payment until acceptance by COMMERCE of the final report (or completion of the project, etc.).
Appears in 3 contracts
Sources: Grant Agreement, Grant Agreement, Grant Agreement