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This document outlines the terms and conditions of a subaward agreement for a project funded by the university, detailing reporting requirements, payment processes, and compliance with federal regulations.
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How to fill out subaward agreement - clarku
How to fill out Subaward Agreement
01
Obtain the Subaward Agreement template from your institution or funding agency.
02
Read through the entire document to understand its sections and requirements.
03
Fill in the general information, including names, addresses, and contact details of both the primary recipient and the subrecipient.
04
Specify the purpose of the subaward and describe the scope of work to be conducted.
05
Outline the funding details, including the amount of funding, budget justification, and payment schedule.
06
Include terms and conditions that govern the subaward, such as compliance with regulations and reporting requirements.
07
Indicate the duration of the subaward, including start and end dates.
08
Review the entire agreement for accuracy and completeness.
09
Obtain necessary signatures from authorized representatives of both parties.
10
Keep a copy of the signed agreement for your records.
Who needs Subaward Agreement?
01
Research institutions that receive federal or other types of grants and need to distribute part of their funding.
02
Non-profit organizations that collaborate with universities or research entities.
03
Any entity that is subcontracting part of their project work to another organization.
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People Also Ask about
What is considered a subaward?
As outlined in the NIH GPS 1.2, a subaward is an award provided by a pass-through entity to a subrecipient for the subrecipient to carry out part of a Federal award received by the pass-through entity. It does not include payments to a contractor or payments to an individual that is a beneficiary of a Federal program.
What is a Subaward agreement?
What is a Subaward? A subaward is when a portion of Stanford's sponsored project is passed through to another entity in order to complete a portion of the sponsored project's scope of work. It does not include payments to a contractor or payments to an individual that is a beneficiary of a program.
What is a sub-grant agreement?
Subgrant Agreement means an agreement between the Recipient (acting through one of its Local Implementing Agencies) and a Beneficiary, providing for a Subgrant to the Beneficiary for the purpose of financing a Subproject.
What is an example of a Subaward?
A subaward is a portion of the grant award passed down from the primary recipient (the grantee) to a secondary recipient (the subrecipient). This transfer of funds comes with specific conditions and responsibilities.
What is the difference between a grant and a Subaward?
A subaward is a portion of the grant award passed down from the primary recipient (the grantee) to a secondary recipient (the subrecipient). This transfer of funds comes with specific conditions and responsibilities.
What is the Subaward number?
The Subaward ID is a 5- or 6-digit number. In the Subaward Look-up, use data you know to search for the existing Subaward: Account ID = Quantum Award or PID - enter the Quantum Award number (7 digits) with an asterisk (example: 7654321*)
What is the difference between a contractor and a Subaward?
A subaward allows a subrecipient to carry out a portion of the work required by a federal award. Under a subaward, the award recipient transfers its responsibility to perform part of the project to another party. In contrast, a contract is designed to provide goods or services for the recip- ient's own use.
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What is Subaward Agreement?
A Subaward Agreement is a legal document that outlines the terms and conditions under which a portion of funding is distributed to a third-party organization to carry out specific project activities under a larger grant or contract.
Who is required to file Subaward Agreement?
The primary recipient or grantee of a grant or contract is required to file the Subaward Agreement when they intend to distribute part of the funding to another organization or entity.
How to fill out Subaward Agreement?
To fill out a Subaward Agreement, the primary recipient must provide detailed information about the subrecipient, the scope of work, funding amounts, performance expectations, and compliance requirements. It is essential to ensure all terms are clear and in accordance with the guidelines of the primary award.
What is the purpose of Subaward Agreement?
The purpose of a Subaward Agreement is to formally outline the responsibilities, expectations, and requirements of parties involved in the distribution of grant funds, ensuring that the subrecipient adheres to the same regulations as the primary recipient.
What information must be reported on Subaward Agreement?
The information that must be reported on a Subaward Agreement includes details about the subrecipient organization, the specific activities to be performed, budgetary allocations, performance metrics, compliance obligations, and duration of the subaward.
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