Get the free Sub-grant Agreement

This agreement outlines the responsibilities and obligations of the Mount Ascutney Regional Commission (MARC) and the Northwest Regional Planning Commission (SUB-RECIPIENT) regarding the implementation of Vermont\'s Brownfield program. It includes details on the scope of work, payment structure, financial record keeping, and compliance with state laws, ensuring both parties adhere to the funded activities for brownfield site assessment and revitalization.

How to fill out sub-grant agreement

How to fill out sub-grant agreement

1. Read the sub-grant agreement document thoroughly to understand its requirements.
2. Identify the sections that need to be filled out, including the names of the parties involved.
3. Enter the date of the agreement at the top of the document.
4. Fill in the recipient's details, including name, address, and contact information.
5. Specify the project title and a brief description of the purpose of the sub-grant.
6. Outline the financial details, including the total amount of the sub-grant and payment schedule.
7. Include any specific terms and conditions that need to be acknowledged by both parties.
8. Sign and date the agreement at the designated locations to finalize it.
9. Keep copies for your records and provide a copy to the other party.

Who needs sub-grant agreement?

1. Nonprofit organizations that receive funding from larger grants.
2. Government agencies that allocate funds to other entities for specific projects.
3. Educational institutions that seek external funding for research or programs.
4. Community organizations collaborating on funded initiatives.

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What is sub-grant agreement?

A sub-grant agreement is a legal document that outlines the terms and conditions under which a grant recipient may distribute part of their grant funds to another organization or individual, known as a sub-grantee, for specific project objectives.

Who is required to file sub-grant agreement?

Typically, the primary grant recipient or the organization that is responsible for managing the grant funding is required to file a sub-grant agreement when they intend to allocate some of the funds to a sub-grantee.

How to fill out sub-grant agreement?

To fill out a sub-grant agreement, the primary grant recipient should include key details such as the names of the parties involved, the purpose of the grant, funding amounts, reporting requirements, timelines, and any specific conditions or compliance requirements.

What is the purpose of sub-grant agreement?

The purpose of a sub-grant agreement is to formalize the relationship between the primary grant recipient and the sub-grantee, ensuring both parties understand their responsibilities and the expectations regarding the use of grant funds.

What information must be reported on sub-grant agreement?

Information that must be reported includes the names and contact information of the parties, the grant purpose, funding amounts, project timelines, compliance obligations, and methods for monitoring and reporting progress.