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 - Administrative Requirements Terms and Conditions for Cost-Type Grants and Cooperative Agreements to Nonprofit and Governmental Entities |
Part 1128 - Recipient Financial and Program Management: General Award Terms and Conditions |
Subpart C - Allowable Costs, Period of Availability of Funds, and Fee or Profit (FMS Article III) |
§ 1128.320 - Period of availability of funds.
Latest version.
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§ 1128.320 Period of availability of funds.
(a) Requirement. A DoD Component's general terms and conditions must specify the period during which Federal funds are available for obligation by recipients for project or program purposes.
(b) Award terms and conditions. A DoD Component's general terms and conditions must include the wording appendix C to this part provides for Section C of FMS Article III to specify the period of availability of funds.