The answer is correct that the majority of our funding is through the project competition, but we use an encumbrance system so that the funding that would have been available to use in this specific competition, around $240 million of it, was already encumbered in research that is ongoing and funded fully. It has to be on hiatus because universities are closed, and the labs are closed without that. All the residual dollars we had we moved forward into supporting researchers during the transition.
On April 14th, 2020. See this statement in context.