§ 170.220 - Award term.

§ 170.220 Award term.

Cross Reference

Link to an amendment published at 85 FR 49526, Aug. 13, 2020.

(a) To accomplish the purposes described in § 170.100, an a Federal awarding agency must include the award term in Appendix appendix A to this part in each Federal award to a non-Federal entity recipient under which the total funding will include $25is anticipated to equal or exceed $30,000 or more in Federal funding at any time during the project or program period.

(b) An agency -

(1) Consistent

A Federal awarding agency, consistent with paragraph (a) of this section, is not required to include the award term in

Appendix

appendix A to this part if it determines that there is no possibility that the total amount of Federal funding under the Federal award will equal or exceed

$25

$30,000. However, the Federal awarding agency must subsequently

amend

modify the award to add the award term if changes in circumstances increase the total Federal funding under the award

to $25

is anticipated to equal or exceed $30,000

or more

during the

project or program

period of performance.

[85 FR 49526, Aug. 13, 2020]