Recipient Subagreements and Procurements Clause Samples
The 'Recipient Subagreements and Procurements' clause defines the requirements and procedures a recipient must follow when entering into subagreements or making procurements using awarded funds. It typically outlines standards for selecting subcontractors or vendors, mandates compliance with applicable laws and regulations, and may require prior approval or documentation for certain transactions. This clause ensures that all downstream agreements and purchases are conducted transparently and in accordance with the funding agency’s rules, thereby reducing the risk of misuse of funds and promoting accountability.
Recipient Subagreements and Procurements. Recipient may enter into agreements with subrecipients, contractors or subcontractors (collectively, “subagreements”) for performance of the Project. If Recipient enters into a subagreement, Recipient agrees to comply with the following:
Recipient Subagreements and Procurements