TERMINATION

{
  "id": "MLC-T-ENV-027826",
  "term": "TERMINATION",
  "field": "Environment",
  "definition": "1. Permanent withdrawal of the authority to obligate previously awarded grant funds before that authority would otherwise expire. It also means the voluntary relinquishment of that authority by the grantee or subgrantee. Termination does not include: (1) withdrawal of funds awarded on the basis of the grantee's underestimate of the unobligated balance in a prior period; (2) withdrawal of the unobligated balance as of the expiration of a grant; (3) refusal to extend a grant or award additional funds, to make a competing or noncompeting continuation, renewal, extension, or supplemental award; or (4) voiding of a grant upon determination that the award was obtained fraudulently, or was otherwise illegal or invalid from inception. (40 CFR Part 31)\n\n2. The cancellation of Federal sponsorship, in whole or in part, under an agreement at any time prior to the date of completion. (40 CFR Part 30)\n\n3. The cancellation of an assistance agreement, in whole or in part, before the scheduled project completion date. The recipient is entitled to be paid the EPA share of allowable costs incurred up to the date of termination and of allowable costs related to non-cancel commitments made prior to termination. (Assistance Administration Manual)",
  "subject": "Laws, regulations and executive orders",
  "references": [
    "Grants and Debarment Glossary"
  ],
  "url": "https://mlchart.com/terminology/environment/termination/"
}