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What is Advance Payment For Federal Grants episode artwork

EPISODE · Oct 11, 2019 · 30 MIN

What is Advance Payment For Federal Grants

from Hoporenkv Native American Podcast · host Vincent Franco, Krystal Cedeno

What is Advance Payment For Federal Grants

What this episode covers

So what exactly is an advance for a federal grant? In the 2 CFR Part 200 (Uniform Guidance or Super Circular), Advance Payment is referenced in Section 200.3 as a payment that a Federal awarding agency makes by any appropriate payment mechanism; to a non-Federal organization; and before the non-Federal organization disburses the funds for program purposes. In other words, it’s a payment method where the funder (such as HUD) pays the federal grant recipient in advance of spending the grant funds. It sounds great, but it comes with strings attached in the form of additional management regulations, financial regulations and additional operational regulations.

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What is Advance Payment For Federal Grants

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This episode is 30 minutes long.

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This episode was published on October 11, 2019.

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What is Advance Payment For Federal Grants

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