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Treasury Clarifies When CRF Costs Are Incurred
Jerry Ashworth
Federal Grants Management Module
July 7, 2020 at 08:08:01 ET
Recipients of Coronavirus Relief Fund (CRF) payments should be aware that the Department of the Treasury, in recent guidance, has clarified its position as to when a CRF payment is “incurred” to address the possible time lapse between delivery of goods or services and date of payment. The document further lists examples of eligible and noneligible CRF expenditures.
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