Title 2

SECTION 1800.305

1800.305 Federal payment.

§ 1800.305 Federal payment.

Payments under awards with for-profit organizations will be made based on incurred costs. Standard Form 425 is not required. For-profit organizations shall not submit invoices more frequently than quarterly. Payments to be made on a more frequent basis require the written approval of the Grant Officer.

[85 FR 71817, Nov. 12, 2020]