Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 2 - Grants and Agreements |
Subtitle B - Federal Agency Regulations for Grants and Agreements |
Chapter XI - Department of Defense |
SubChapter A - General Matters and Definitions |
Part 1108 - Definitions of Terms Used in Subchapters a Through F of This Chapter |
Subpart B - Definitions |
§ 1108.200 - Fixed-amount subaward.
Latest version.
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§ 1108.200 Fixed-amount subaward.
Fixed-amount subaward means a subaward:
(a) That a recipient or subrecipient makes to another entity at the next lower tier; and
(b) Under which the total amount to be paid to the other entity is based on performance and results, and not on the actual, allowable costs that entity incurs.