(one) The receiver's or subrecipient's procurement procedures or operation fails to comply with the procurement standards During this portion;
When a receiver or subrecipient sells the house, it must spend the Federal company an amount of money calculated by multiplying The proportion of your Federal company's contribution towards the initial purchase (and cost of any advancements) with the proceeds with the sale after deducting any real and reasonable expenditures compensated to offer or correct up the assets available.
The Federal agency must use OMB-authorised widespread data collections (one example is, Analysis Effectiveness Progress Studies) when requesting effectiveness reporting information and facts. The Federal company or go-via entity might not collect effectiveness stories more usually than quarterly Except a particular affliction has actually been implemented in accordance with § 200.208. On the extent practicable, the Federal company or pass-by way of entity should align the due dates of general performance reviews and financial reviews. When reporting software general performance, the recipient or subrecipient have to relate fiscal details and project or software accomplishments towards the performance aims and objectives in the Federal award. Also, the recipient or subrecipient should present cost info to show Value-productive methods (one example is, by means of device Expense details) when essential with the terms and conditions from the Federal award.
implies fiscal obligations incurred because of the receiver or subrecipient although not paid (liquidated) for economic stories ready on a funds foundation.
(i) An accepted oblique Charge level negotiated in between the subrecipient plus the Federal Authorities. If no authorized rate exists, a pass-as a result of entity should establish the suitable amount in collaboration Using the subrecipient. The oblique cost rate may be both:
implies orders positioned for house and providers, contracts and subawards created, and similar transactions that require payment by a receiver or subrecipient below a Federal award that could end in expenditures by a receiver or subrecipient less than a Federal award.
(three) The disengagement from a job for much more than 3 months, or possibly a 25 per cent reduction in effort and time dedicated to the Federal award about the study course of the duration of functionality, from the accredited job director or principal investigator.
Any Federal money paid out to the receiver or subrecipient in excessive of the amount that the receiver or subrecipient is set to generally be entitled to beneath the Federal award constitute a financial debt to the Federal Federal government.
(six) Pension program fees can be computed utilizing a fork out-as-you-go system or an actuarial Price tag strategy identified by GAAP and subsequent the recipient's or subrecipient's set up created procedures.
(a) Voluntary fully commited Value sharing is not anticipated less than Federal exploration grants. The Federal company may well not use voluntary dedicated cost sharing as a factor during the benefit assessment of programs or proposals for Federal investigation grants unless authorized by Federal statutes or more info agency regulations and specified in the observe of funding option.
A price is affordable if it does not exceed an volume that a prudent person would incur under the situations prevailing when the choice was manufactured to incur the associated fee. In determining the reasonableness of a given Value, thing to consider should be given to the following:
signifies someone procurement transaction for materials or expert services, the combination number of which would not exceed the micro-buy threshold. Micro-purchases comprise a subset of a recipient's or subrecipient's tiny buys applying informal procurement strategies as set forth in § two hundred.320.
(iii) Contracts needs to be awarded for the responsible offeror whose proposal is most useful for the receiver or subrecipient looking at selling price together with other aspects; and
An functioning Office could offer providers to a different operating Section of the identical Point out, community federal government, or Indian Tribe. In these cases, the price of products and services supplied may well consist of allowable direct costs on the assistance plus a professional-rated share of oblique expenditures. A standard indirect Price amount equivalent to 15 % on the direct salaries and wages for giving the service (excluding additional time, change rates, and fringe Gains) could possibly be utilized as opposed to analyzing the particular indirect prices of your service.
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