Summary

This regulation outlines the general terms and conditions for financial and program management of grants and cooperative agreements awarded by the Department of Defense (DoD). It covers various aspects such as financial management systems, payments, cost sharing or matching, program income, budget and program revisions, audits, allowable costs, and the period of availability of funds. The regulation provides detailed instructions for DoD components on implementing these terms, including specific requirements and potential exceptions, to ensure proper administration and accountability of federal funds by recipients.

Estimated Impact