In the event the recipient or subrecipient retains title towards the residence, it should pay back the Federal agency an total calculated by multiplying The proportion in the Federal agency's contribution towards the initial purchase (and charges of any improvements) by The present reasonable market price of the assets.
(2) The procurement is predicted to exceed the simplified acquisition threshold and is to become awarded without the need of Levels of competition, or only one bid is expected being gained in reaction into a solicitation;
(i) In cases of conflict involving the requirements of relevant parts of the section and also the terms and conditions on the agreement, the terms and conditions with the contract along with the Considerably prevail.
(3) Notwithstanding the encouragement in § two hundred.307 to generate software money, the recipient or subrecipient will have to not use equipment obtained Along with the Federal award to provide providers for just a rate that's fewer than A personal organization would demand for very similar expert services Except exclusively approved by Federal statute.
(1) Is used to enter right into a connection, the principal intent of and that is to transfer nearly anything of price to execute a public objective authorized by a regulation of the United States (see 31 U.
means enough time interval from the start date of a funded portion of an award to the top day of that funded part, during which recipients and subrecipients are authorized to incur economical obligations from the funds awarded, which include any money carried ahead or other revisions pursuant to § two hundred.308.
Incentive payment to workers based on Charge reduction, effective performance, suggestion awards, or basic safety awards is allowable towards the extent that the general payment is decided for being acceptable and this sort of prices are paid or accrued In line with an settlement entered into in good faith amongst the receiver or subrecipient and the staff ahead of the services ended up rendered, or according to an established plan followed by the recipient or subrecipient so continually regarding imply, in impact, an arrangement to help make this kind of payment.
(a) Whether the Charge is generally identified as regular and essential for the recipient's or subrecipient's Procedure or the appropriate and successful functionality from the Federal award;
(vi) Assist the distribution of the employee's income or wages among the particular actions or Charge targets if the employee works on more than one Federal award; a Federal award and non-Federal award; an oblique Price tag exercise plus a immediate cost exercise; two or even more indirect activities allotted applying different allocation bases; or an unallowable exercise as well as a immediate or indirect Expense activity.
(ii) website Obtains an update to that details which could be useful to other Federal organizations, the Federal company is strongly encouraged to amend the data while in the technique to include the update in a timely way.
suggests an entity that gets a subaward from the move-as a result of entity to carry out part of a Federal award. The term subrecipient won't include a beneficiary or participant. A subrecipient can also be considered a receiver of other Federal awards straight from a Federal agency.
(ii) The pass-by entity have to not demand the usage of the de minimis indirect Charge charge When the subrecipient has an authorised oblique cost amount negotiated Together with the Federal Authorities.
The Federal agency or move-through entity should need the recipient or subrecipient to post experiences over the position of actual assets wherein the Federal Governing administration retains an desire. These stories have to be submitted no less than yearly. In situations where the Federal Governing administration's fascination in the true property extends for fifteen yrs or maybe more, the Federal agency or go-by way of entity could require the receiver or subrecipient to report at numerous multi-calendar year frequencies.
(d) The final economical report submitted by the receiver must be due no afterwards than a hundred and twenty calendar times following the summary in the period of efficiency. A subrecipient need to submit a remaining economical report back to a pass-via entity no later than 90 calendar times following the conclusion from the duration of effectiveness.