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SUBTRACT AGREEMENT Under the EU funded project: Restoring Wetlands for a Sustainable Future (Restore4Life) Grant Agreement N 101112736to be concluded between Katholische University EichstttIngolstadt established
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Read the terms and conditions of the sub-grant agreement carefully.
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A sub-grant agreement is a legal document that outlines the terms and conditions under which a grant is allocated to a sub-recipient by a primary recipient of a federal or state grant. It specifies the roles, responsibilities, and obligations of both parties.
Organizations or individuals who receive federal or state grant funds and wish to allocate part of those funds to another entity to carry out specific project activities are required to file a sub-grant agreement.
To fill out a sub-grant agreement, the primary recipient needs to accurately complete sections that detail the project description, budget, performance measures, and compliance requirements. It is also essential to include signatures from both the primary recipient and the sub-recipient.
The purpose of a sub-grant agreement is to provide clarity and a legal framework for the distribution of grant funds to sub-recipients, ensuring that they adhere to the rules and guidelines set forth by the primary grant-making agency.
The information that must be reported includes the project budget, goals and objectives, performance outcomes, compliance with federal regulations, funding distribution, and any changes to the scope of work.
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