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Federal Register / Vol. 86, No. 172 / Thursday, September 9, 2021 / Notices 3. Employer Identification Number Each application must include a valid and current Employer Identification Number EIN issued by the U.S.
Internal Revenue Service IRS. The NCUA will not consider an application that does not include a valid and current EIN. Such an application will be deemed incomplete and will be declined. Information on how to obtain an EIN may be found on the IRSs website.

D. Application and Submission Information
4. System for Award Management
1. Application
All Applicants are required by federal law to have an active registration with the federal governments System for Award Management SAM prior to applying for funding. SAM is a webbased, government-wide application that collects, validates, stores, and disseminates business information about the federal governments trading partners in support of the contract awards, grants, and electronic payment processes. An active SAM account status and CAGE number is required to apply for a CDRLF award. Credit unions that have an existing registration with SAM must recertify and maintain an active status annually. The SAM
registration and recertification process is FREE. First-time SAM users can register by following the instructions in the Quick Start Guide for New Registrations. Existing users can recertify or renew their SAM account status by following the instructions in the Quick Start Guide for Renewing Registrations. The NCUA will not consider an applicant that does not have an active SAM status. Such an application will be deemed incomplete and will be declined.

Under this NOFO, all applications must be submitted online in the NCUAs web-based application system, CyberGrants, in order to be considered.
Applications must be submitted online at https www.cybergrants.com/ncua/
applications. The application and related documents are also located on the NCUAs website at https
www.ncua.gov/services/Pages/
resources-expansion/grants-loans.aspx.

5. Other Eligibility Requirements
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b. If an Applicant is a prior Participating Credit Union under the CDRLF and has unused awards as of the date of application, the NCUA may request a narrative from the Applicant that addresses the reason for its record of noncompliance. The NCUA, in its sole discretion, will determine whether the reason is sufficient to proceed with the review of the application.

i. Financial Viability: Applicants must meet the underwriting standards established by the NCUA, including those pertaining to financial viability, as set forth in the application and defined in 12 CFR 705.7c.
ii. Compliance with Past Agreements:
In evaluating funding requests under this NOFO, the NCUA will consider an Applicants record of compliance with past agreements. The NCUA, in its sole discretion, will determine whether to consider an application from an Applicant with a past record of noncompliance, including any deobligation i.e., removal of unused awards of funds.
a. If an Applicant is in default of a previously executed agreement with the NCUA, the NCUA will not consider an application for funding under this NOFO.

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2. Minimum Application Content At a minimum, each application requires a narrative response that describes the Applicants proposed use of the CDRLF award. The NCUA
reserves the right to waive this requirement for any funding initiatives with a defined list of allowable project activities. The NCUA will identify the funding initiatives that do not require a narrative response in the grant round guidelines. Other application contents will be defined in the grant round guidelines found on NCUAs website.
3. Submission Dates and Times The NCUA will accept applications beginning October 11, 2021, at 9:00 a.m.
eastern time ET. Applications must be submitted by October 29, 2021, at 11:59
p.m. ET. Late applications will not be considered.
E. Application Review Information 1. Eligibility and Completeness Review The NCUA will review each application to determine whether it is complete and that the Applicant meets the eligibility requirements described in the regulations, the grant round guidelines, and in this NOFO. An incomplete application or one that does not meet the eligibility requirements will be declined without further consideration.
2. Evaluation Criteria Each funding initiative, due to its structure and impact, may have varying degrees of evaluation criteria assigned.
The evaluation criteria for each funding
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initiative is fully described in the grant round guidelines.
3. Application Review The purpose of the application review is to determine whether an application satisfies the criteria set forth for each particular funding initiative. The NCUA
will evaluate each application in accordance with the criteria and procedures described in the grant round guidelines. The NCUA reserves the right to contact the Applicant during its review for the purpose of clarifying or confirming information contained in the application. If so contacted, the Applicant must respond within the time specified by the NCUA or the NCUA, in its sole discretion, may decline the application without further consideration.
4. Scoring and Funding Decision The NCUA will make its funding decision based on a scoring system that establishes a ranking position for each application. The applications will be ranked according to the scoring criteria set forth for each funding initiative in the grant round guidelines.
F. Federal Award Administration 1. NCUA Award Notice The NCUA will notify each Applicant of its funding decision by email. In addition, the NCUA will announce the successful applications through a press release that includes a list of the Awardees. Applicants that are approved for funding will also receive instructions on how to proceed with the post-award activities.
2. Administrative and National Policy Requirements i. Award Agreement: The specific terms and conditions will be established in the award agreement each Participating Credit Union must sign prior to formally accepting an award.
Each Participating Credit Union under this NOFO must enter into an agreement with the NCUA before the NCUA will disburse the award funds. The agreement includes the terms and conditions of funding, including but not limited to the: i Award amount; ii grant award details; iii roles and responsibilities; iv accounting treatment; v signature pages; and vi reporting requirements.
ii. Failure to Sign Agreement: The NCUA, in its sole discretion, may rescind an award if the Applicant fails to sign and return the agreement or any other requested documentation, within the time specified by the NCUA.

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