AG 2014 09 15 - Laserfiche WebLink

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• An estimate of funds expected to remain unobligatcd on the scheduled expiration date • A projected timetable to complete the portions of the project for which the extension is being requested • Signature of the grantee and the project director • A status of cost sharing to date (if applicable) Note: An extension will not exceed 12 months. Only in exceptional cases will more than one extension be granted. Requests for no -cost extensions received after the expiration of the award will not be granted. V. PAYMENTS a. Payment by MRCS to the entity will be made monthly or quarterly (whichever is mutually agreed upon by both parties) on a reimbursable or advanced basis upon completion of work outlined herein. Payment will be executed upon the submission of a properly executed form SF -270. The SF -270 must cite the agreement number, remittance address, and billing period. The SF -270 must be sent to the MRCS program contact at the address identified in block 7 of the Notice of Grant/Agreement Award. b, Unless otherwise specified in the award, the recipient must receive payments through electronic funds transfers. c. Recipients requesting advances should request payments in amounts necessary to meet their current needs pursuant to procedures contained in the Federal administrative provisions and 31 CFR Part 205. d. The method of payment between the recipient and its contractors will be in accordance with the policies and procedures established by the recipient except that the contractors may not use the USDA Office of Financial Management/National Finance Center method to request payments. If the grantee makes advance payments to contractors, the grantee must ensure that the timing of such payments is designed to minimize elapsed time between the advance payment and the disbursement of funds. Payment requests from the grantee's contractors will not be sent to NRCS for review or approval. e. Accounting records for all costs incurred under this award must be supported by source documentation. Such documentation includes, but is not limited to, canceled checks, paid bills, payroll records, and subcontract award documents. Labor cost charges to this award must be based upon salaries actually earned and the time actually worked on this award. All project costs must be incurred within the approved project period of this award, including any approved no -cost extension of time. Costs that cannot be supported by source documentation or that are incurred outside of the approved project period and budget may be disallowed and may result in award funds being returned to the Federal Government by the recipient. VI. FINANCIAL REPORTING a. Recipients must submit a Federal Financial Report (FFR), SF 425 and 425A, in accordance with the following schedule (recipients may download the applicable form at litip://www.forms.gov). Quarterly Schedule Report Due Date October 1 to December 31 January 31 January 1 to March 31 April 30 April 1 to June 30 July 30 July 1 to September 30 October 30 Attachment number 1 F -7 Page 174