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2016 MOTORSPORTS CONTINGENCY AWARD CLAIM FORM IMPORTANT: Attach copy of OFFICIAL RACE RESULTS. Awards will not be processed without RACE RESULTS and TAX FORMS on file. PAYOUTS REDUCED 50% FOR CLASSES
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How to fill out contingency award

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How to fill out contingency award:

01
Obtain the necessary forms: Begin by acquiring the official contingency award form from the relevant authority or organization. This form may be available online or through a physical copy.
02
Fill in personal information: Start by providing your personal details, such as your full name, address, phone number, and email. This information helps identify you as the applicant or recipient of the contingency award.
03
State the purpose: Clearly articulate the purpose for which you are requesting the contingency award. Whether it is for funding a project, supporting education, or addressing a specific need, provide a concise and compelling explanation in this section.
04
Describe the intended outcomes: Outline the expected outcomes or goals that will be achieved with the help of the contingency award. Specify how it will make a positive impact and why it is vital to receive this support.
05
Budget breakdown: Provide a detailed breakdown of the expenses associated with your project or need. Include all relevant costs, such as materials, equipment, services, and any other relevant expenses. It is crucial to have a clear and realistic budget to demonstrate responsible use of funds.
06
Funding sources: State any funding sources you have secured or are applying for, apart from the contingency award. This demonstrates your initiative and commitment towards fulfilling your goals, even if you require additional financial support.
07
Project timeline: Outline the specific timeline for implementing your project or utilizing the contingent funds. Break it down into manageable phases or milestones, indicating when each one will be completed. This helps the evaluators understand the feasibility and time frame of your proposed endeavor.
08
Support documents: Attach any supporting documentation that strengthens your application. This might include letters of recommendation, project proposals, academic transcripts, or any other relevant materials that validate your request.
09
Review and submit: Thoroughly review your completed contingency award form to ensure accuracy and cohesiveness. Double-check for any errors or missing information. Once satisfied, submit the form within the specified deadline through the designated submission channels.

Who needs contingency award?

01
Individuals seeking financial support for a specific project or need: Anyone with a genuine requirement for additional funds to fulfill a pressing need, such as students, researchers, nonprofit organizations, or entrepreneurs, may benefit from a contingency award.
02
Communities or organizations facing unexpected challenges: In situations where unforeseen circumstances arise, such as natural disasters, emergencies, or societal crises, a contingency award can provide the necessary resources to overcome difficulties and support recovery efforts.
03
Students pursuing higher education: Contingency awards can assist students in pursuing their educational goals by providing financial aid for tuition fees, study materials, research projects, or other educational expenses.
04
Nonprofit organizations or community groups: Contingency awards can play a crucial role in assisting nonprofits or community groups in executing their social initiatives, supporting community development, or implementing projects that address critical needs.
05
Researchers or innovators: Individuals involved in scientific research, innovation, or technological advancements may require contingency awards to access vital resources, conduct experiments, or bring their ideas to fruition.
06
Artists and creatives: Contingency awards can support artists, musicians, writers, or performers in developing their crafts, funding artistic projects, or engaging in collaborations that enhance their artistic careers.
It is essential to note that the availability and eligibility criteria for contingency awards may vary depending on the organization, institution, or specific circumstances. Therefore, it is advisable to consult the guidelines and requirements provided by the awarding body before applying.
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Contingency award is a financial reward given for achieving certain predetermined goals or targets.
The recipient or beneficiary of the contingency award is required to file the award.
Contingency award can be filled out by providing all relevant information and details of the award in the designated form.
The purpose of contingency award is to incentivize and reward the achievement of specific goals or objectives.
Information such as the goal or target, the amount of award, the recipient, and the date of achievement must be reported on contingency award.
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