Software cash flow is deducted from the whole allowable prices, lessening the general whole number of the Federal award.
The recipient's or subrecipient's strategies will have to steer clear of the acquisition of needless or duplicative items. Thought really should be specified to consolidating or breaking out procurements to obtain a more inexpensive invest in.
The Federal company will have to use OMB-permitted frequent info collections (by way of example, Study Performance Development Experiences) when requesting functionality reporting information. The Federal company or pass-via entity may not obtain effectiveness reports far more frequently than quarterly unless a particular condition has long been executed in accordance with § 200.208. Into the extent practicable, the Federal agency or move-by way of entity really should align the because of dates of general performance reports and monetary stories. When reporting application efficiency, the receiver or subrecipient will have to relate financial information and task or software accomplishments on the effectiveness ambitions and objectives in the Federal award. Also, the recipient or subrecipient will have to provide Price information to display Charge-powerful methods (for example, by way of unit cost data) when demanded via the conditions and terms of your Federal award.
(xii) Support Listings title and quantity; the pass-via entity will have to discover the greenback amount of money produced available underneath Each individual Federal award and also the Aid Listings Variety at some time of disbursement;
(one) Is accustomed to enter into a romance, the principal intent of and that is to transfer something of worth to carry out a community intent authorized by a legislation of The us (see 31 U.
means enough time interval from the beginning day of the funded part of an award to the end date of that funded portion, all through which recipients and subrecipients are authorized to incur economic obligations of your money awarded, which include any funds carried ahead or other revisions pursuant to § two hundred.308.
(2) Is distinguished from the cooperative agreement in that it does not present for considerable involvement of your Federal agency in carrying out the exercise contemplated via the Federal award.
(two) Over the time that products is utilized within the project or application for which it was acquired, the recipient or subrecipient should also make the devices readily available for use on other courses or projects supported via the Federal Government, provided that these types of use will not interfere With all the function for which it had been at first obtained. Initial desire for other use with the devices needs to be specified to other packages or projects supported through the Federal company that financed the products.
Studies and results from audits done below subpart File or the reports and findings of another available audits, if relevant; and
(iii) Under total compliance Using the statistical sampling benchmarks pointed out in paragraph (five)(i) might be approved with the cognizant agency for indirect expenditures if it concludes that the quantities allotted to Federal awards will likely be nominal or if it concludes the procedure proposed because of the recipient or subrecipient will lead to reduce costs to Federal awards than a technique which complies with the benchmarks.
(1) Severance spend, also generally generally known as dismissal wages, is really a payment Along with normal salaries and wages, by recipients and subrecipients to employees whose work is remaining terminated. Severance pay back is allowable only to your extent that, in Just about every scenario, it is required by:
The Federal agency will have to not allow a transfer of funds that may lead to any Federal appropriation for use for functions other than get more info All those per the appropriation.
frequently suggests an organization or entity structured for the objective of earning a revenue. The time period involves but just isn't restricted to:
Immediate expenses are those expenditures which might be determined particularly with a selected ultimate cost goal, for instance a Federal award, or other internally or externally funded action, or which might be immediately assigned to such functions comparatively conveniently using a superior degree of accuracy.