(b) The costs are effectively supported by accredited Expense allocation strategies in accordance While using the relevant cost accounting rules of the component; and
The recipient or subrecipient have to manage information ample to element the heritage of each procurement transaction. These data should include things like the rationale for that procurement process, contract form range, contractor choice or rejection, and The idea for your contract cost.
(one) The recipient or subrecipient must post overall performance stories as demanded via the Federal award. Intervals should be no a lot less Repeated than on a yearly basis nor a lot more Regular than quarterly except if distinct circumstances are applied (See § 200.208). Studies submitted every year with the recipient or subrecipient need to be because of no afterwards than ninety calendar days once the reporting period. Reviews submitted quarterly or semiannually should be owing no afterwards than 30 calendar times after the reporting period. Alternatively, the Federal company or go-through entity may perhaps call for yearly studies ahead of the anniversary dates of a number of-year Federal awards.
(e) The data for software cash flow gained after the duration of performance has to be retained for 3 decades from the stop on the recipient's or subrecipient's fiscal 12 months where This system money is earned.
(d) The Federal company or go-by entity have to not hold off payments for the receiver or subrecipient for expenditures meeting the requirements of subpart E of the aspect.
(six) Specifying only a “brand identify” product rather than allowing for “an equal” merchandise to get supplied and describing the functionality or other appropriate demands with the procurement; and
(three) The Federal company will have to give a duplicate of the full textual content of the overall stipulations if a receiver requests it.
(4) The procurement is predicted to exceed the simplified acquisition threshold, plus a sealed bid procurement is always to be awarded to an entity in addition to the obvious low bidder; or
(three) A charitable Firm situated in a country other than America that is definitely nonprofit and tax-exempt beneath the rules with the region exactly where it is registered and isn't a College, school, accredited diploma-granting institution of education and learning, private foundation, medical center, an organization engaged exclusively in study or scientific activities, church, synagogue, mosque or other equivalent entities structured mostly for religious reasons; or
(ii) Where sabbatical depart is A part of fringe Gains for which a cost is set for evaluation to be a immediate cost, the mixture quantity of this sort of assessments applicable to all function from the establishment in the course of the base period must be reasonable in relation towards the IHE's genuine working experience underneath its sabbatical depart plan.
When a proposal, system, or other computation has to be submitted into the Federal Federal government to form The premise for negotiation of the indirect Value rate (or other typical charges), then the 3-calendar year retention time period for its supporting data starts through the day of submission.
Special things to consider in identifying the allowability of payment will probably be supplied to any transform within a receiver's or subrecipient's payment policy leading to a considerable boost in its staff' volume of compensation get more info (notably in the event the adjust was concurrent with an increase in the ratio of Federal awards to other things to do) or any alter from the therapy of allowability of distinct kinds of compensation on account of variations in Federal plan.
frequently indicates a corporation or entity arranged for the purpose of earning a gain. The expression contains but is not limited to:
(one) Expenses unallowable underneath other sections of such ideas ought to not be allowable under this area only since they constitute personnel payment.