Federal program funds definition
Examples of Federal program funds in a sentence
Federal program funds are those funds provided by a Federal agency, plus any non-Federal contribution required as a matching share therefor.
In addition to any other termination provision within this Grant Agreement, the Department may terminate this Grant Agreement at any time in the event funds, including, but not limited to, Federal program funds, become unavailable or are insufficient for Department program purposes.
The Non-Federal Sponsor shall not use Federal program funds to meet any of its obligations under this Agreement unless the Federal agency providing the funds verifies in writing that the funds are authorized to be used for the Project.
As outlined in 45 CFR §75.351, Subrecipient and contractor determinations, a pass-through entity must make case-by-case determinations whether each agreement it makes for the disbursement of Federal program funds casts the party receiving the funds in the role of a subrecipient or contractor.
Therefore, a pass-through entity must make case-by-case determinations whether each agreement it makes for the disbursement of Federal program funds casts the party receiving the funds in the role of a subrecipient or a contractor.
Federal program funds are those funds provided by a Federal agency, plus any non-Federal contribution required as a matching share for such work.
Funds received by ALDOT for rentals of property and/or sale of property acquired with Federal program funds are considered to be program income.
Section 454 of GEPA, 20 U.S.C. 1234c, sets out the remedies available to the Department when it determines that a recipient ‘‘is failing to comply substantially with any requirement of law’’ applicable to Federal program funds the Department administers.
In no case may a organization use Federal program funds to supplant—take the place of—funds from non-Federal sources.
The Non-Federal Sponsor shall not use Federal program funds to meet any of its obligations for the Project under this Agreement unless the Federal agency providing the Federal portion of such funds verifies in writing that expenditure of such funds for such purpose is expressly authorized by Federal law.