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This document outlines the terms and conditions of a federally funded subgrant agreement between the State of Florida, Department of Community Affairs, and the City of Palm Coast for housing rehabilitation.
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How to fill out federally funded subgrant agreement

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How to fill out Federally Funded Subgrant Agreement

01
Begin by downloading the Federally Funded Subgrant Agreement template from the appropriate government website.
02
Fill in the date at the top of the document.
03
Enter the full name and address of the subgrantee organization.
04
Specify the federal agency providing the funds and the grant agreement number.
05
Define the purpose of the subgrant clearly, detailing what activities will be funded.
06
Outline the subgrant amount being awarded and any cost-sharing requirements.
07
Include a timeline for the project, specifying key deadlines and milestones.
08
Detail the reporting requirements, including frequency and format of reports.
09
Include clauses on compliance with federal regulations and standards.
10
Ensure that both parties sign and date the agreement at the end.

Who needs Federally Funded Subgrant Agreement?

01
Non-profit organizations applying for federal funds.
02
State and local government agencies seeking to disburse federal funds.
03
Educational institutions receiving federal grant money.
04
Organizations collaborating on federally funded projects.
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People Also Ask about

Generally, contracts are appropriate when the grantee needs a specific set of goods or services to accomplish the goals and objectives of the grant. Generally, subgrants are appropriate when the grantee requires ongoing support to accomplish the goals and objectives of the grant.
A substituted contract is typically one that contains a new term that is inconsistent with a term in the original contract, and where the parties intend for the new, substituted contract to replace all provisions of the original contract.
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.
Subgrant means an award of financial assistance in the form of money, or property in lieu of money, made under a grant by a grantee to an eligible subgrantee.
Subgrantees do not run the risk that contractors do; if contractors do not perform, they are not paid (among other consequences), whereas subgrantees generally receive funds even if they fall short of meeting all their goals. Competition and Solicitation.
A subgrantee, also known as a subrecipient, is either a for-profit entity or non-federal entity, such as a state government, local government, Indian tribe, Institution of Higher Education, or nonprofit organization, that receives a subgrant for the purpose of carrying out part of a federal award.
In a subgrant, or “subaward”3, all the regulations and requirements that apply to grantees are passed on to subgrantees, making the grantee a “pass-through entity.”4 The grantee is responsible for monitoring the subgrantee for compliance with those regulations and requirements.
Grant agreements typically specify what the funds are intended to be used for, any conditions of funding (such as acquiring matching funds or executing a deed restriction), reporting and monitoring requirements, and what remedies would be required should the funds be used improperly or not entirely used.

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A Federally Funded Subgrant Agreement is a legal document that outlines the terms and conditions under which federal funds are granted to a subrecipient to carry out a specific project or program.
Organizations or entities that receive federal funds and plan to distribute some of these funds to subrecipients are required to file a Federally Funded Subgrant Agreement.
To fill out a Federally Funded Subgrant Agreement, you typically need to provide detailed information about the subrecipient, the funding amount, the project description, compliance requirements, and budgetary information.
The purpose of the Federally Funded Subgrant Agreement is to ensure that federal funds are used properly and in accordance with applicable laws and regulations, as well as to clarify the responsibilities of both the grantor and the subrecipient.
The information that must be reported includes the names and addresses of the parties involved, the amount of the grant, the specific project or program details, timeline, performance measures, financial management information, and any compliance requirements.
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