Common use of Financial Requirements Clause in Contracts

Financial Requirements. A. For satisfactory performance of all tasks required under the terms of this Agreement, the Agency shall disburse grant funds to the Grantee upon receipt of disbursement requests for approved, actual costs incurred a total amount not to exceed [amount of the sub grant]. The Agency shall disburse to the Grantee upon receipt of a grant disbursement request with a detailed statement of accounting of funds expended for activities undertaken to complete the Project. Grant disbursement requests shall include a report of matching non-federal funds and in-kind labor pursuant to Section 319. Grant disbursement requests shall be certified by the Grantee authenticating that the requests accurately reflect tasks completed, amount due, remaining Agreement balance, and NMED Agreement Number. All expenses shall be actual rather than estimated and shall be listed on the grant disbursement request as charged. All grant disbursement requests shall be accompanied by a Disbursement Summary form provided to the Grantee by the Agency. The Grantee may submit grant disbursement requests at its discretion during the term of this Agreement, but not more than once in any 30-day period.

Financial Requirements. A. For satisfactory performance of all tasks required under the terms of this Agreement, the Agency shall disburse grant funds to the Grantee upon receipt of disbursement requests for approved, actual costs incurred a total amount not to exceed [amount of the sub sub-grant]. The Agency shall disburse to the Grantee upon receipt of a grant disbursement request with a detailed statement of accounting of funds expended for activities undertaken to complete the Project. Grant disbursement requests shall include a report of matching non-federal funds and in-kind labor pursuant to Section 319604(b). Grant disbursement requests shall be certified by the Grantee authenticating that the requests accurately reflect tasks completed, amount due, remaining Agreement balance, and NMED Agreement Number. All expenses shall be actual rather than estimated and shall be listed on the grant disbursement request as charged. All grant disbursement requests shall be accompanied by a Disbursement Summary form provided to the Grantee by the Agency. The Grantee may submit grant disbursement requests at its discretion during the term of this Agreement, but not more than once in any 30-day period.

Financial Requirements. A. For satisfactory performance of all tasks required under the terms of this Agreement, the Agency shall disburse grant funds to the Grantee upon receipt of disbursement requests for approved, actual costs incurred a total amount not to exceed [amount of the sub grant]. The Agency shall disburse to the Grantee upon receipt of a grant disbursement request with a detailed statement of accounting of funds expended for activities undertaken to complete the Project. Grant disbursement requests shall include a report of matching non-federal funds and in-kind labor pursuant to Section 319104(b)(3). Grant disbursement requests shall be certified by the Grantee authenticating that the requests accurately reflect tasks completed, amount due, remaining Agreement balance, and NMED Agreement Number. All expenses shall be actual rather than estimated and shall be listed on the grant disbursement request as charged. All grant disbursement requests shall be accompanied by a Disbursement Summary form provided to the Grantee by the Agency. The Grantee may submit grant disbursement requests at its discretion during the term of this Agreement, but not more than once in any 30-day period.