§170.220. Use of award term.
2 C.F.R. § 170.220
A Federal agency must include the award term in Appendix A to this part in each Federal award to a recipient under which the total funding is anticipated to equal or exceed $30,000 in Federal funding.
Consistent with paragraph (a) of this section, a Federal agency is not required to include the award term in Appendix A of this part if the total amount of Federal funding under the Federal award will not equal or exceed $30,000. However, the Federal agency must subsequently add the award term if increases to the Federal funding result in the award equaling or exceeding $30,000.
A Federal agency may use different letters and numbers than those in Appendix A to designate the paragraphs of the award term.
Notes, amendments, and revision history
Authority
Authority: 31 U.S.C. 503; 31 U.S.C. 6102; 31 U.S.C. 6307; Pub. L. 109-282; Pub. L. 110-252, Pub. L. 113-101, Pub. L. 117-40.
Source
Source: 89 FR 30111, Apr. 22, 2024, unless otherwise noted.