Attachment_12_Program_Income[1].pdf

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APEX Accelerator-Option Period for Existing Award Recipients
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DOD2026APEXACCELERATORCLOSED
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This document is a Program Income section of a federal grant application template that requires applicants to disclose details about potential income generated during the grant program. The form provides options for applicants to indicate whether program income is proposed for the current program year, with specific requirements for disclosure if income is anticipated.

Key requirements include: 1) Providing a discussion about proposed fees and how the income will further program objectives, 2) Acknowledging the requirement to report gross income on Standard Forms 270 and 425, and 3) Indicating whether program income will be used as part of the applicant's cost share. If program income will be used as a cost share, applicants must detail how they will comply with the Award Specific Terms and Conditions' percent cap on program income and the statutory limitations outlined in 10 U.S.C 4955(d) regarding program income in subsequent fiscal years.

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Attachment 12 Program Income

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Program Income

Program income is:

Not proposed for the program year

Is proposed for the program year (If checked, respond to the prompts below)

1. Include a discussion concerning the amount of fees to be charged and how this income will be used to further program objectives.

2. Provide your assertion of your understanding that you are required to report gross income on the Standard Form 270 and Standard Form 425.

I understand.

3. Are you proposing to utilize program income as part of the applicant cost share?

Yes No

4. If yes, provide a narrative detailing how you will ensure compliance with:

a. The Award Specific Terms and Conditions percent cap on the value of program income that may be applied as the cost match.

b. The statutory limitations at 10 U.S.C 4955(d) related to program income utilized in a subsequent fiscal year.

File details come from the government source that posted it. Updated .