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 D - Xxx |
Part 1128 - Recipient Financial and Program Management: General Award Terms and Conditions |
§ 1128.1 - Purpose of this part.
Latest version.
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§ 1128.1 Purpose of this part.
(a) This part specifies standard wording of general terms and conditions concerning financial and program management, including recipients' financial management systems, payments, cost sharing or matching, program income, budget and program revisions, audits, allowable costs, and periods of availability of funds.
(b) It thereby implements OMB guidance in the following portions of 2 CFR part 200, as they apply to general terms and conditions of grants and cooperative agreements:
(1) Sections 200.80, 200.209, and 200.302 through 200.309;
(2) Sections 200.301 and 200.328, as they relate to associations between financial data and performance accomplishments and reporting; and
(3) Subparts E and F.