Delaware Grant Agreement - From Government Assoc.

State:
Multi-State
Control #:
US-ENTREP-0038-1
Format:
Word; 
Rich Text
Instant download

Description

Grant agreement is a legal instrument of financial assistance between a Federal awarding agency or pass-through entity and a non-Federal entity. The Grant Agreementis a written document memorializing the terms and conditions of an Award granted pursuant to the Plan and shall incorporate the terms of the Plan.
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FAQ

Example of the 10% Rule: For COPS recipients, budget modification requests for federal awards in excess of $250,000 involving the reallocation of funding between budget categories that exceed or are expected to exceed 10 percent of the total approved budget require prior written approval by the COPS Office.

This Circular establishes consistency and uniformity among Federal agencies in the management of grants and cooperative agreements with State, local, and federally- recognized Indian tribal governments.

Are DE Relief Grants taxable income? DE Relief Grants are not expressly excluded from being considered taxable income, but businesses should consult their tax advisor or accountant for clarification on this.

The Grants-In-Aid bill for fiscal year 2024 includes: $22.7 million for organizations that provide benefits to Delawareans in the areas of health, substance-use disorder treatment, the arts, tourism and community services. This is a 10% increase from last year.

The Uniform Administrative Requirements for Grants and Cooperative Agreements, known as the Common Grant Rule, are the general administrative requirements pertaining to all U.S. Department of Transportation grants and sub- grants, including those awarded to State, local and federally recognized Indian tribal ...

The most popular type of grant is for Program support. Program grants provide funding for specific projects or programs. Generally, these are restricted grants, where recipients must only use funds for the exact purpose outlined in the grant proposal.

Both FTA and the Common Grant Rules generally require the third party contractor to obtain a performance bond for 100 percent of the contract price. The Common Grant Rules expressly prohibits the use of the cost plus a percentage of cost method of contracting.

The government uses grants and cooperative agreements as a means of assisting researchers in developing research for the public good, whereas it uses contracts as a means of procuring a service for the benefit of the government. Grants are much more flexible than contracts.

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Delaware Grant Agreement - From Government Assoc.