§ 1108.200. Fixed-amount subaward.
50 words·~1 min read·
/us/cfr/t2/s§ 1108.200·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.