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Grant Close-Out

Article 26 of the
Grant Agreement outlines the procedures for full or partial termination of the agreement for any reason, including a decision by the Global Fund to discontinue funding after the Phase 1 Ending Date or following the Phase 2 Ending Date. Article 26 stipulates that, in addition to any procedures that may be requested by the Global Fund, the PR shall:

i. Immediately return to the Global Fund any grant funds that have not been expended by the PR or SRs if requested by the Global Fund

ii. Provide to the Global Fund a final audited financial report

iii. Provide to the Global Fund an inventory of all assets and receivables purchased with grant funds

iv. Provide a close-out plan (prepared in consultation with the CCM) for the use of all assets and services referred to in (iii.) above for the approval of the Global Fund.

Last Updated on Thursday, 16 April 2009 15:15
 

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