Examples of FPAC in a sentence
Risk reviews will be conducted by the FPAC Business Center, Grants and Agreements Division.
Following notification of selection for funding (see Section F), the FPAC Business Center, Grants and Agreements Division’s staff conducts a final administrative and risk review of those applications.
The FPAC awarding agency will withhold payments under this award if the recipient is delinquent in submitting required reports.
Following notification of selection for funding (see section F), the FPAC Business Center, Grants and Agreements Division’s staff conducts a final administrative and risk review of those applications.
However, if an erroneous amount is stated on the approved budget, or any supporting document relating to the award, FPAC will have the unilateral right to make the correction and to make an appropriate adjustment in the FPAC share of the award to align with the Federal amount authorized.
A violation of this provision by the recipient may result in action by FPAC, including termination of the underlying Federal award.
FPAC agencies will make payment to the recipient on a reimbursable or advance basis in accordance with the frequency specified in the statement of work.
The award is subject to termination if FPAC determines that the recipient has failed to comply with the terms and conditions of the award.
The recipient is responsible for monitoring day-to-day performance and for reporting to FPAC.
The recipient must provide to FPAC written certification that the protected information (paper copy, electronic copy, or both) has been properly destroyed, removed from any electronic storage media, or both.