BS5007 - Termination

Procedure

Section: BUSINESS SERVICES PROCEDURES

SubSection: SPONSORED PROGRAMS

Master List Section: Business Service

In the event that a grant is terminated, DMACC will identify the appropriate unrestricted funds to cover any outstanding grant related expenses.

Upon issue of a termination, DMACC will return funds received as required by the grant agreement.
DMACC will evaluate the grant funded project and determine the best course of action move forward.

Relevant Policy: BS737

References:
2CFR 200, see section 471
http://www.ecfr.gov/cgi-bin/text-idx?tpl=/ecfrbrowse/Title02/2cfr200_main_02.tpl

Revised:
October 1, 2020