2.2 Acceptance of Award and Award Conditions
Automated Clearinghouse Enrollment
Before you can start drawing down and spending your money, you must complete and submit an Automated Clearinghouse (ACH) form. This form will have your banking information on it, which enables your award funds to be electronically transferred into your bank account.
Action Item
The completed ACH form you are required to submit must have the original signature of the authorized official of your financial institution. You can find the ACH form at https://ojp.gov/funding/Apply/Resources/ACHVendor.pdf, along with instructions on where to submit the original, signed document.
The U.S. Department of the Treasury uses the ACH information to transmit payment data using electronic funds transfer to the recipient???s designated financial institution. Payments cannot be made without a current, valid, and complete ACH form on file.
Chapter 3.1 of this Guide provides additional information on payments and the Grants Payment Request System (GPRS).
Financial Management Tip
If you have an active award, you do not have to submit a new ACH form for each new award. However, if you would like to revise your current banking information, a new ACH form must be submitted.
