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2 CFR Part 176 AWARD TERMS FOR ASSISTANCE AGREEMENTS THAT INCLUDE FUNDS UNDER THE AMERICAN RECOVERY AND REINVESTMENT ACT OF 2009, PUBLIC LAW 111 5 Robert M. Lloyd Principal Federal Fund Management

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How to fill out 2 cfr part 176

How to fill out 2 CFR Part 176:

01

Begin by carefully reviewing the requirements and regulations outlined in 2 CFR Part 176. Familiarize yourself with the purpose and scope of the regulation to ensure a thorough understanding.

02

Identify whether your organization or agency falls under the jurisdiction of 2 CFR Part 176. The regulation primarily applies to entities that receive federal awards, grants, or loans from the United States government.

03

If you determine that your organization is subject to 2 CFR Part 176, gather all relevant information and documentation required for compliance. This may include financial records, project plans, procurement policies, and any other pertinent documents.

04

Thoroughly read each section of 2 CFR Part 176 and pay close attention to the specific instructions provided. Take note of any forms, reports, or certifications that need to be completed in order to fulfill the requirements.

05

Fill out the necessary forms and reports accurately and completely. Ensure that all requested information is provided and any required supporting documents are attached.

06

If there are specific instructions for submitting the forms or reports, follow them accordingly. Some submissions may need to be sent electronically, while others may require physical copies to be mailed or hand-delivered.

07

Double-check all completed forms and reports for accuracy and completeness. Review all information, calculations, and entries to minimize errors and ensure compliance with 2 CFR Part 176.

Who needs 2 CFR Part 176:

01

Organizations and agencies that receive federal awards, grants, or loans from the United States government may need to comply with 2 CFR Part 176.

02

Entities involved in federal procurements, whether as prime recipients, subrecipients, contractors, or vendors, may also be required to adhere to the regulations outlined in 2 CFR Part 176.

03

It is essential to consult the specific terms and conditions of each federal award or contract received to determine if compliance with 2 CFR Part 176 is necessary. The applicable regulations may vary depending on the nature and scope of the funding or procurement agreement.

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