Federal payment.

CFR · 2024-01-01 · US · Title 2

Payments under awards with for-profit organizations will be made based on incurred costs. Standard Form 425 is not required. For-profit organizations shall not submit invoices more frequently than quarterly. Payments to be made on a more frequent basis require the written approval of the Grant Officer.

official document · source cfr-2024 · id 2:§ 1800.305