(i) Be supported by a program of interior Command that gives acceptable assurance that the costs are exact, allowable, and appropriately allotted;
(seven) Prepared strategies for pinpointing the allowability of costs in accordance with subpart E along with the terms and conditions with the Federal award.
Initiate a a single-time extension on the period of functionality by nearly 12 months Unless of course one or more of the disorders outlined in paragraphs (g)(2)(i) by (iii) of this segment use. Prior acceptance will not be necessary if a recipient is authorized during the terms and conditions with the Federal award to initiate a 1-time extension. Nevertheless, the recipient ought to notify the Federal agency in creating with the supporting justification and also a revised duration of general performance at the least ten calendar days prior to the summary with the period of functionality.
(one) The recipient or subrecipient could request which the Federal agency or go-by way of entity review its procurement system to find out regardless of whether it meets these benchmarks for its program to generally be Licensed.
(a) Awards to states, local governments, and Indian Tribes are sometimes carried out at the level of Section inside the State, community authorities, or Indian Tribe. A central company Price allocation approach is recognized to allow these kinds of Office to claim a percentage of centralized provider costs which might be incurred in proportion on the award's activities.
Proceeds in the sale of authentic property, tools, or materials. The proceeds must be dealt with in accordance with the requirements on the Assets Benchmarks of §§ two hundred.
(3) The disengagement from the job for much more than a few months, or a 25 percent reduction in effort and time dedicated to the Federal award about the study course with the duration of general performance, because of the accepted undertaking director or principal investigator.
(a) Title to provides obtained under the Federal award will vest upon acquisition while in the recipient or subrecipient. When You will find a residual inventory of unused materials exceeding $ten,000 in aggregate price at the conclusion of the period of efficiency, and the provides are not essential for any other Federal award, the recipient or subrecipient may perhaps keep or promote the unused provides. Unused materials means provides which can be in new affliction, not obtaining been utilized or opened prior to. The more info aggregate worth of unused provides is made of all source styles, not much like-merchandise provides.
(b) The following sections are not intended to be a comprehensive listing of possible objects of Expense encountered less than Federal awards. Failure to mention a specific merchandise of Price, which includes as an example in particular sections, just isn't intended to imply that it's either allowable or unallowable. When analyzing the allowability for an item of Expense, Each individual circumstance ought to be based upon the treatment provided for identical or connected objects of Price tag and based on the ideas explained in §§ two hundred.
(i) The receiver or subrecipient has did not comply with the conditions and terms of the Federal award; or
The Federal company may perhaps waive any general performance report that's not needed to ensure the ambitions and aims of the Federal award are increasingly being achieved.
The receiver or subrecipient must, at a minimum amount, supply the equivalent insurance policies protection for actual assets and gear acquired or enhanced with Federal money as offered to assets and gear owned with the receiver or subrecipient.
means the time interval in between the beginning and stop day of a Federal award, which can incorporate a number of finances periods.
You will find three ways of implementing program earnings: deduction; addition; and cost-sharing. The Federal agency need to specify what method money method(s) will likely be Employed in the terms and conditions from the Federal award. The deduction technique will probably be utilised When the Federal agency isn't going to specify a technique for implementing software income. When no software earnings strategy is laid out in the Federal award, prior acceptance is needed to make use of the addition or Price tag sharing methods.