INTEREST EARNED. 1. Interest earned on federal advance payments deposited in interest-bearing accounts must be remitted annually to CDA. Interest amounts up to $500 per year may be retained by the Contractor and subcontractors for administrative expenses. [45 CFR 75.305 (b)(9)]
Appears in 3 contracts
Samples: web2.co.merced.ca.us, web2.co.merced.ca.us, web2.co.merced.ca.us
INTEREST EARNED. 1. Interest earned on federal advance payments deposited in interest-interest- bearing accounts must be remitted annually to CDA. Interest amounts up to $500 per year may be retained by the Contractor and subcontractors for administrative expenses. [45 CFR 75.305 (b)(9)]
Appears in 2 contracts
Samples: web2.co.merced.ca.us, web2.co.merced.ca.us
INTEREST EARNED. 1. Interest earned on federal advance payments deposited in interest-bearing accounts must be remitted annually to CDA. Interest amounts up to $500 per year may be retained by the Contractor and subcontractors for administrative expenses. [45 2 CFR 75.305 (b)(9200.305(b)(9)]
Appears in 1 contract
Samples: www.acgov.org
INTEREST EARNED. 1. Interest earned on federal advance payments deposited in interest-interest- bearing accounts must be remitted annually to CDA. Interest amounts up to $500 per year may be retained by the Contractor and subcontractors for administrative expenses. [45 2 CFR 75.305 (b)(9200.305(b)(9)]
Appears in 1 contract
Samples: ktaaa.org
INTEREST EARNED. 1. Interest earned on federal advance payments deposited in interest-bearing accounts must be remitted annually to CDA. Interest amounts up to $500 per year may be retained by the Contractor and subcontractors for administrative expenses. [2 CFR 200.305(b)(9)] [45 CFR 75.305 (b)(9)]
Appears in 1 contract
Samples: web2.co.merced.ca.us
INTEREST EARNED. 1. Interest earned on federal advance payments deposited in interest-interest- bearing accounts must be remitted annually to CDA. Interest amounts up to $500 per year may be retained by the Contractor and subcontractors for administrative expenses. [2 CFR 200.305(b)(9)] [45 CFR 75.305 (b)(9)]
Appears in 1 contract
Samples: web2.co.merced.ca.us