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SUBAWARD AGREEMENT TEMPLATE Form
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People also ask
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What is the difference between a grant and a subaward?
A subaward is a portion of the grant award passed down from the primary recipient (the grantee) to a secondary recipient (the subrecipient). This transfer of funds comes with specific conditions and responsibilities.
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Is a subaward the same as a subcontract?
Subawards do not include procurement of services on commercial terms by a contractor or consultants. Instead, these types of costs are considered subcontracts. Note: When categorizing budget costs, subawards belong in the 'Other' line item.
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What is a sub-grant agreement?
Subgrant Agreement means an agreement between the Recipient (acting through one of its Local Implementing Agencies) and a Beneficiary, providing for a Subgrant to the Beneficiary for the purpose of financing a Subproject.
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What is a subaward agreement?
As outlined in the NIH GPS 1.2, a subaward is an award provided by a pass-through entity to a subrecipient for the subrecipient to carry out part of a Federal award received by the pass-through entity. It does not include payments to a contractor or payments to an individual that is a beneficiary of a Federal program.
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What does a subgrantee mean?
Subgrantee means the government or other legal entity to which a subgrant is awarded and which is accountable to the grantee for the use of the funds provided.
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What is a Subaward agreement?
As outlined in the NIH GPS 1.2, a subaward is an award provided by a pass-through entity to a subrecipient for the subrecipient to carry out part of a Federal award received by the pass-through entity. It does not include payments to a contractor or payments to an individual that is a beneficiary of a Federal program.
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What is the difference between a grant and a Subgrant?
Subgrant means an award of financial assistance in the form of money, or property in lieu of money, made under a grant by a grantee to an eligible subgrantee.
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What is the difference between a contract and a Subgrant?
Generally, contracts are appropriate when the grantee needs a specific set of goods or services to accomplish the goals and objectives of the grant. Generally, subgrants are appropriate when the grantee requires ongoing support to accomplish the goals and objectives of the grant.
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