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2 CFR 1108.200

§ 1108.200 Fixed-amount subaward.

United States · 2 CFR — Federal Financial Assistance · Status: effective

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2 CFR 1108.200, § 1108.200 Fixed-amount subaward, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/1412
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Full text

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.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.