NSP FAQ
Q

If a subgrantee expects to receive future program income from one project, can it begin and/or complete a second project using its own funds, and reimburse itself with the program income from the first project when it is received?

Date Published: October 2012

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A

If the grantee allows the subgrantee to retain program income and the subgrantee follows all NSP requirements on the second project, including the environmental review, the subgrantee may reimburse itself with NSP program income for expenses it incurred on the NSP eligible and approved project at such time as it receives NSP program income.


Tags: NSP Financial and Grants Management - Program Income

FAQ ID:

966