(a) This section gives principles to be utilized in setting up the allowability of specified goods involved with pinpointing Value, Along with other requirements of the subpart. These concepts use whether or not a specific Charge merchandise is adequately treated as being a direct or oblique Price.
(3) The value of donated Place have to not exceed the honest rental value of comparable Place as proven by an impartial appraisal of equivalent Place and amenities within a privately-owned setting up in a similar locality.
When conducting procurement transactions underneath a Federal award, a State or Indian Tribe should Adhere to the identical guidelines and processes it employs for procurements with non-Federal cash. If these kinds of guidelines and techniques don't exist, States and Indian Tribes should follow the procurement requirements in §§ 200.
(1) With apparent targets and objectives that provide significant effects and become per the Federal authorizing laws of the program;
Selected circumstances involve Particular thing to consider and attainable limitations in pinpointing allowable staff compensation expenditures beneath Federal awards. Between this sort of disorders are the subsequent:
means the entity that owns or controls a right away owner of the applicant or that owns or controls a number of entities that control a direct owner of the applicant.
(3) Federal businesses that take into consideration earning a Federal award to your recipient in the 5 12 months interval have to take into account this information and facts in judging whether the receiver is experienced to acquire the Federal award when the Federal share with the Federal award is anticipated to exceed the simplified acquisition threshold more than the duration of effectiveness;
(a) Title to materials acquired beneath the Federal award will vest on acquisition within the receiver or subrecipient. When You will find there's residual stock of unused materials exceeding $ten,000 in combination worth at the conclusion of the period of effectiveness, and also the provides aren't needed for some other Federal award, the receiver or subrecipient might keep or provide the unused provides. Unused provides means supplies that happen to be in new condition, not getting been applied or opened just before. The mixture value of unused materials is made up of all offer kinds, not much like-merchandise provides.
(3) Detect any further needs which the offerors must fulfill and all other things that could be Utilized in assessing bids or here proposals.
Topic to the requirements and problems established forth In this particular part, title to actual home obtained or enhanced beneath the Federal award will vest on acquisition in the recipient or subrecipient.
The applicant's document of managing previous and present Federal awards, which includes compliance with reporting needs and conformance for the stipulations of Federal awards, if applicable;
The recipient and subrecipient need to retain all Federal award records for 3 yrs through the date of submission of their remaining economical report. For awards which have been renewed quarterly or annually, the receiver and subrecipient need to retain documents for three decades with the date of submission in their quarterly or yearly fiscal report, respectively.
(iv) Making use of agreements intended to ensure uninterrupted delivery of products and services; applying agreements meant to ensure Neighborhood Rewards; or
The prices of selected things to do will not be allowable as charges to Federal awards. Despite the fact that these charges are unallowable, they need to be taken care of as direct expenses for functions of figuring out indirect Expense costs and be allotted their equitable share of your receiver's or subrecipient's indirect costs should they stand for activities which: