2 CFR 170.220: Use of award term.
Where this section sits in the code
- Title 2—Federal Financial Assistance
- Subtitle A—Office of Management and Budget Guidance for Federal Financial Assistance
- CHAPTER I—OFFICE OF MANAGEMENT AND BUDGET GOVERNMENT-WIDE GUIDANCE FOR FEDERAL FINANCIAL ASSISTANCE
- PART 170—REPORTING SUBAWARD AND EXECUTIVE COMPENSATION INFORMATION
- Subpart B—Policy
(a) A Federal agency must include the award term in Appendix A to this part in each Federal award to a recipient under which the total funding is anticipated to equal or exceed $30,000 in Federal funding.
(b) Consistent with paragraph (a) of this section, a Federal agency is not required to include the award term in Appendix A of this part if the total amount of Federal funding under the Federal award will not equal or exceed $30,000. However, the Federal agency must subsequently add the award term if increases to the Federal funding result in the award equaling or exceeding $30,000.
(c) A Federal agency may use different letters and numbers than those in Appendix A to designate the paragraphs of the award term.
Collected 2026-08-27T02:23:42Z. Source file · JSON