Subrecipient Program Sample Clauses
The Subrecipient Program clause defines the requirements and responsibilities for entities that receive funds or resources from a primary recipient to carry out part of a funded project or program. It typically outlines how subrecipients must comply with applicable laws, regulations, and reporting obligations, and may require the primary recipient to monitor subrecipient performance and ensure proper use of funds. This clause ensures accountability and proper oversight when project activities are delegated to third parties, helping to prevent misuse of funds and maintain compliance with funding requirements.
Subrecipient Program. The Corporation will obligate CDBG-DR funding for, and Subrecipient will be responsible for performing, the activities detailed in the application submitted to the Corporation. Such funding is provided to meet a National Objective in accordance with 24 CFR Part 570 and the Federal Register and to provide the services as set forth in Schedule A.
Subrecipient Program. Subrecipient will be res ponsible for perfor ming the activities detailed as set forth in Exhibit A, which may be am ended from time to ▇▇▇ e, and is attached hereto and m ade part hereof. As a reimbursement-based program, tasks and deliverables contained in Exhibit A m ust be conducted in a m anner satisfacto ry to Gran tee and in co mpliance with app licable f ederal and sta te requirements, laws, and regulations. Grantee will m onitor the perf ormance of the Subrecip ient and any contractors against goals and perform ance standards as stated in Ex hibit A. The Subrecipient and any contractors must perform (and docum ent to Grantee) the en tire scope of Exhibit A. Substandard performance as reasonably determined by Grantee, in its sole discretion, will cons titute noncom pliance with this Agreem ent if the Subrecip ient fa ils to take correctiv e action within a reasonable period of ti me (as de termined by Grantee). If the Subrecipien t does not take action to correct such substandard perf ormance within a reasonable period of ti me (as determined by Grantee) after being notified by Grantee in writing, Grantee may initiate contract suspension or term ination procedu res or othe r actions as perm itted under app licable law. Nothing in this Agreement shall wa ive or other wise limit the actions Grantee m ay take or the remedies Grantee may seek as a result of any noncompliance by the Subrecipient.
Subrecipient Program