2 C.F.R. § 1108.200

Current through September 30, 2024

Section 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.

2 C.F.R. §1108.200

85 FR 51230, 10/19/2020