This program has no specific matching requirements. Awards are usually for a 12 month period. In some instances, award periods may extend beyond 12 months. The funding is spent in the award's budget period unless an extension is requested by the principal investigator and approved by NOAA Grants Office. Specific restrictions, other than those mandated for grants, are evaluated on an individual grant or program basis.
Reports are due in accordance with the terms and conditions of the award.
The Department's financial assistance standard terms and conditions generally require that financial and performance reports be submitted quarterly. Commercial organizations shall be subject to the audit requirements as stipulated in the award document. All financial and programming records, supporting documents, statistical reports, and other records of grantees or subgrantees are required to be maintained by the terms of the agreement. The grantee must retain records for 3 years from the date when the final expenditure report is submitted.