Contingent Grants

Contingent grant procedures are currently being revised. These are grants where some of the grant amount is not fully legally committed to be paid to the grantee, and therefore that contingent amount is not accrued and not charged to the program’s budget at the time of the grant award. Under current procedures, in each year that contingent amounts are to be released, grantees need to present a workplan for the year and the program needs to write up a short memo approving the contingent amount for release.

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