Transaction Description:
THE PURPOSE OF THIS AGREEMENT IS TO DISTRIBUTE PANDEMIC MARKETVOLATILITY ASSISTANCE PROGRAM MONIES TO DAIRY FARMERS WHO RECEIVED ALOWER VALUE DUE TO MARKET ABNORMALITIES CAUSED BY THE PANDEMIC ANDENSUING FEDERAL POLICIES. RECIPIENTS WILL DISBURSE PMVAP MONIES TOELIGIBLE PRODUCERS. IN ADDITIONAL, RECIPIENTS MUST OBTAIN ADJUSTEDGROSS INCOME ATTESTATIONS FROM ELIGIBLE PRODUCERS, ISSUE 1099-MISC TOEACH PRODUCER REFLECTING THEIR PMVAP PAYMENT, PROVIDE DOCUMENTATIONPAYMENTS WERE MADE IN ACCORDANCE TO PROGRAM RULES, AND PROVIDE DAIRYPOLICY EDUCATION TO ELIGIBLE PRODUCERS. RECIPIENTS WILL DISBURSE ALLPMVAP MONIES TO ELIGIBLE PRODUCERS, PROVIDE AND DOCUMENT DAIRY POLICYEDUCATION EFFORTS, AND BE SUBJECT TO PAYMENT VERIFICATION BY USDA STAFF.DAIRY FARMERS WHOSE MILK WE MARKETED TO A FEDERAL MILK MARKETING ORDERREGULATED HANDLER DURING JULY THROUGH DECEMBER 2020 ARE THE INTENDEDBENEFICIARIES. THERE ARE NO SUBRECIPIENT ACTIVITIES.