2 CFR 1128.1

§ 1128.1 Purpose of this part.

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

Cite this

Citation: 2 CFR 1128.1, § 1128.1 Purpose of this part, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/1540
Permanent ID: ys:prov:1540@1
SHA-256: 9bbb1d69bac87566061e577e2f1bb52dae709506b4f580e8827ed39b3098ab29

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

(a) This part specifies standard wording of general terms and conditions concerning financial and program management, including recipients' financial management systems, payments, cost sharing or matching, program income, budget and program revisions, audits, allowable costs, and periods of availability of funds. (b) It thereby implements OMB guidance in the following portions of 2 CFR part 200, as they apply to general terms and conditions of grants and cooperative agreements: (1) Sections 200.80, 200.209, and 200.302 through 200.309; (2) Sections 200.301 and 200.328, as they relate to associations between financial data and performance accomplishments and reporting; and (3) Subparts E and F.

Legislative history

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