2.2 Acceptance of Award and Award Conditions
Automated Clearinghouse Enrollment
Before starting draw down and spend the award funds, an Automated Clearinghouse (ACH) form must be completed and submitted. This form will have banking information on it, which enables award funds to be electronically transferred to the recipient's bank account.
The completed ACH form that is required to be submitted must have the original signature of the authorized official of the financial institution. ACH forms can be found 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
A new ACH form does not have to be submitted for each new award. However, if the current banking information needs to be revised, then a new ACH form must be submitted.