Late Disbursement Interest
CFDA 15.436 Active
Direct Payments for Specified Use
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Program Funding
Annual program obligations reported to SAM.gov.
Latest annual funding
$377K FY2024
Program Objective
ONRR pays late disbursement interest on subject payments made to States after the due date.
Eligibility
Eligible Applicants
- State
Late disbursements will trigger automatic payment distribution computed in accordance with the Law.
Beneficiaries
- 4
ONRR pays late disbursement interest on subject payments made to States after the due date.
How to Apply
Application Procedure
No application is necessary.
Award Procedure
The distributions are automatic and are computed based on receipts.
Program details & compliance
Use of Funds
Allowed Uses
No specific restrictions on use.
Reporting & Compliance
Applicable 2 CFR 200 Subparts
- Subpart B — General Provisions
- Subpart C — Pre-Federal Award Requirements
- Subpart D — Post-Federal Award Requirements
- Subpart F — Audit Requirements
Contacts
Director
(202) 513-0600
Office of Natural Resources Revenue, 1849 C Street, NW, Mail Stop 4211, Washington, DC 20240