(ii) The recipient or subrecipient should have composed treatments for conducting specialized evaluations and creating choices.
When a substantial progress that could impact the Federal award happens concerning efficiency reporting thanks dates, the recipient or subrecipient need to notify the Federal company or move-as a result of entity. Major developments incorporate activities that empower Assembly milestones and goals quicker or at considerably less Expense than expected or that develop diverse effective final results than originally planned.
(four) Common routine maintenance procedures needs to be in position to ensure the assets is in correct working ailment.
usually means financial obligations incurred via the receiver or subrecipient but not paid out (liquidated) for economic studies ready over a hard cash basis.
Payments made for fees established being unallowable by possibly the awarding Federal agency, cognizant agency for indirect prices, or move-by entity must be refunded with desire to your Federal Authorities.
The recipient or subrecipient is answerable for determining and documenting an suitable micro-order threshold depending on inside controls, an evaluation of chance, and its documented procurement techniques. The micro-purchase threshold used by the recipient or subrecipient need to be licensed or not prohibited less than Point out, local, or tribal rules or restrictions.
The Federal company or move-through entity, Inspectors General, the Comptroller Normal of the United States, or any of their authorized Reps will need to have the correct of access to any records with the receiver or subrecipient pertinent to the Federal award to execute audits, execute web-site visits, or for any other official use.
(a) Title to supplies obtained underneath the Federal award will vest on acquisition within the receiver or subrecipient. When There exists a residual stock of unused supplies exceeding $ten,000 in mixture benefit at the end of the duration of performance, plus the supplies will not be wanted for another Federal award, the recipient or subrecipient may perhaps retain or sell the unused provides. Unused materials implies provides which can be in new condition, not obtaining been employed or opened in advance of. The aggregate value of unused provides is made of all provide forms, not the same as-merchandise provides.
(b) The following sections are usually not intended to be an extensive list of potential objects of cost encountered below Federal awards. Failure to mention a particular merchandise of Price, together with for instance in specific sections, is not intended to suggest that it's possibly allowable or unallowable. When deciding the allowability for an merchandise of cost, Each and every circumstance check here need to be dependant on the remedy furnished for similar or related products of Charge and based upon the ideas explained in §§ two hundred.
(1) A prepared demand or assertion by on the list of functions into a Federal award searching for as a make a difference of right:
(k) For establishments of increased schooling (IHE), voluntary uncommitted Price tag sharing must be taken care of differently from mandatory or voluntary dedicated Expense sharing. Voluntary uncommitted Price tag sharing really should not be included in the organized investigate base for computing the oblique Charge fee or mirrored in any allocation of oblique costs.
Unique factors in figuring out the allowability of payment will probably be specified to any adjust in the receiver's or subrecipient's compensation coverage causing a substantial rise in its employees' level of compensation (significantly when the alter was concurrent with a rise in the ratio of Federal awards to other activities) or any improve in the cure of allowability of particular sorts of payment as a result of adjustments in Federal plan.
Incur job charges 90 calendar times ahead of the Federal award day. Expenditures incurred a lot more than 90 calendar times prior to the Federal award day involve prior acceptance on the Federal agency. All costs incurred prior to the Federal award date are on the recipient's own hazard (
Statutory specifications could limit the allowability of expenses. Any prices that exceed the maximum quantity allowed by statute is probably not billed on the Federal award. Only the amount allowable by statute could be charged on the Federal award.