Common use of INTEREST EARNED Clause in Contracts

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

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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

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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

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