What are “Outlays”?
Outlays: Defined as those funds expended by the recipients. Outlays should be reported when the funds are irretrievably spent by the recipient. If funds have been allocated by the prime recipient to a sub-recipient, outlays should be counted when the sub-recipient has irretrievably spent the funds, regardless of when the sub-recipient is reimbursed by the prime recipient and regardless of whether or not reporting responsibility has been delegated from the prime-recipient to the sub-recipient.
