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Este acuerdo establece los términos y condiciones bajo los cuales el Subrecipiente asistirá al Beneficiario en la utilización de fondos proporcionados por el gobierno de los Estados Unidos para

How to fill out subrecipient agreement

How to fill out subrecipient agreement

1. Begin by gathering all necessary information about the subrecipient, including their legal name and address.
2. Clearly define the scope of work to be performed by the subrecipient.
3. Specify the funding amount and any relevant payment terms.
4. Include compliance requirements related to federal, state, or local laws.
5. Outline performance measures and reporting obligations.
6. Detail the duration of the agreement and the process for modifications or termination.
7. Ensure that both parties sign and date the agreement.

Who needs subrecipient agreement?

1. Organizations receiving federal or state funding who plan to subcontract part of their project.
2. Nonprofits collaborating with other entities for specific projects.
3. Universities engaging in research that involves partnerships with other institutions.
4. Government agencies needing to distribute funds to local service providers.

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What is subrecipient agreement?

A subrecipient agreement is a legal document between a prime recipient and a subrecipient detailing the terms and conditions for the subrecipient to perform specific tasks using funds provided by the prime recipient.

Who is required to file subrecipient agreement?

Organizations that receive federal or state funding and pass on a portion of these funds to other organizations to carry out specific projects or services are required to file subrecipient agreements.

How to fill out subrecipient agreement?

To fill out a subrecipient agreement, gather necessary information about the project and the parties involved, detail the scope of work, funding amounts, reporting requirements, and compliance obligations, and ensure both parties review and sign the agreement.

What is the purpose of subrecipient agreement?

The purpose of a subrecipient agreement is to establish a clear understanding of the roles, responsibilities, and obligations of both the prime recipient and the subrecipient, ensuring compliance with funding requirements and efficient project execution.

What information must be reported on subrecipient agreement?

The information that must be reported on a subrecipient agreement includes the legal names of the parties, project description, funding amount, start and end dates, reporting requirements, performance metrics, and terms for termination or amendment.