Regulations last checked for updates: Jun 02, 2024

Title 2 - Grants and Agreements last revised: May 30, 2024
§ 1108.200 - Fixed-amount subaward.

Fixed-amount subaward means a subaward:

(a) That a recipient or subrecipient makes to another entity at the next lower tier; and

(b) Under which the total amount to be paid to the other entity is based on performance and results, and not on the actual, allowable costs that entity incurs.

authority: 5 U.S.C. 301 and 10 U.S.C. 113.
source: 85 FR 51230, Aug. 19, 2020, unless otherwise noted.
cite as: 2 CFR 1108.200