(a) This section presents ideas to be applied in establishing the allowability of specific things linked to figuring out Charge, in addition to other needs of the subpart. These principles implement whether or not a certain Value merchandise is correctly addressed to be a direct or oblique Charge.
means info which can be applied to distinguish or trace an individual's identification, both alone or when coupled with other own or identifying info that may be linked or linkable to a selected unique. Some PII is available in community resources for example phone books, Internet websites, and university listings.
means a style of grant or cooperative agreement pursuant to which the Federal company or move-by means of entity presents a certain quantity of funding devoid of regard to genuine costs incurred beneath the Federal award.
(two) The time period “direct loan obligation” suggests a binding settlement by a Federal company to make a immediate loan when specified conditions are fulfilled by the borrower.
(a) Awards to states, local governments, and Indian Tribes are frequently executed at the level of Division inside the State, area federal government, or Indian Tribe. A central company cost allocation prepare is founded to allow these kinds of Office to assert a part of centralized provider prices which can be incurred in proportion to the award's actions.
signifies orders placed for property and services, contracts and subawards built, and similar transactions that require payment by a recipient or subrecipient underneath a Federal award that could bring about expenditures by a receiver or subrecipient below a Federal award.
(3) Federal agencies that contemplate making a Federal award for the recipient throughout the five 12 months period of time have to look at this facts in judging if the recipient is certified to get the Federal award when the Federal share in the Federal award is expected to exceed the simplified acquisition threshold over the duration of efficiency;
(one) The receiver more info or subrecipient will have to use devices for that task or plan for which it absolutely was acquired and for as long as desired, whether or not the challenge or program proceeds to be supported by the Federal award. The receiver or subrecipient will have to not encumber the machines without prior acceptance of your Federal agency or go-via entity.
These procurement methods expedite the completion of transactions, reduce administrative burdens, and minimize charges. Informal procurement techniques may be utilized when the value of the procurement transaction underneath the Federal award isn't going to exceed the simplified acquisition threshold as outlined in § 200.
Federal agencies must build conflict of interest policies for Federal awards. A recipient or subrecipient should disclose in crafting any opportunity conflict of interest to the Federal company or go-by way of entity in accordance Along with the founded Federal agency procedures.
Fees for the receiver or subrecipient resulting from monetary obligations incurred with the receiver or subrecipient all through a suspension or following the termination of a Federal award will not be allowable Except the Federal company or move-as a result of entity expressly authorizes them inside the notice of suspension or termination or subsequently. Nonetheless, charges through suspension or just after termination are allowable if:
Payment for employees engaged in Focus on Federal awards might be realistic for the extent that it's in keeping with that compensated for similar do the job in other functions in the receiver or subrecipient. In situations exactly where the styles of employees expected for Federal awards usually are not located in another functions in the recipient or subrecipient, compensation might be regarded as acceptable towards the extent that it's corresponding to that paid out for related work while in the labor sector during which the receiver or subrecipient competes for the sort of personnel concerned.
Incur job expenditures ninety calendar days ahead of the Federal award day. Bills incurred a lot more than 90 calendar times before the Federal award day call for prior approval of your Federal agency. All expenses incurred ahead of the Federal award date are for the recipient's own possibility (
(four) The expression “loan warranty determination” usually means a binding settlement by a Federal company for making a loan assurance when specified disorders are fulfilled by the borrower, the lender, or almost every other occasion towards the guarantee settlement.