StacksVerified U.S. regulatory reference

2 CFR §1108.200

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
Fixed-amount subaward means a subaward:
  1. (a)That a recipient or subrecipient makes to another entity at the next lower tier; and
  2. (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.