(one) The recipient or subrecipient may perhaps make use of a time-and-materials variety agreement only after a determination that no other agreement is suited and In the event the deal features a ceiling price tag which the contractor exceeds at its individual threat.
(3) The worth of donated Place need to not exceed the fair rental value of similar Place as founded by an impartial appraisal of equivalent Place and services in a privately-owned constructing in a similar locality.
(two) A private nongovernmental Group situated in a country in addition to The us that solicits and receives funds contributions from the general public;
(xii) Help Listings title and selection; the go-as a result of entity must establish the dollar sum built offered beneath each Federal award as well as Guidance Listings Amount at the time of disbursement;
usually means a grouping of closely associated programs that share popular compliance needs. The types of clusters of courses are research and growth (R&D), pupil financial help (SFA), and various clusters. “Other clusters” are outlined by OMB within the compliance health supplement or specified by a State for Federal awards the Point out delivers to its subrecipients that meet the definition of the cluster of applications.
Subpart E establishes principles for determining allowable costs incurred by recipients and subrecipients under Federal awards.
(b) The Federal agency or go-by entity have to gather money studies no under yearly. The Federal company or go-by entity may not acquire money studies extra usually than quarterly Except a particular condition is carried out in accordance with § two hundred.
(b) When establishing performance reporting frequency and content, the Federal agency should take into consideration what information and facts might be necessary to evaluate the recipient's development, to click here discover promising methods of recipients, and Establish the evidence on which the Federal company can make plan and performance choices.
(ii) Rates for educating pursuits executed by college associates on Federal awards through durations not A part of IBS period should be determined by the penned policy from the IHE governing compensation to faculty members for teaching assignments throughout these types of intervals.
Topic to the requirements and disorders established forth During this segment, title to authentic assets obtained or improved under the Federal award will vest upon acquisition while in the receiver or subrecipient.
There's no common rule for classifying specific expenses as immediate or indirect prices. A price could be immediate for a few particular company or function but indirect with the Federal award or other ultimate cost goal.
Payment for employees engaged in Focus on Federal awards is going to be realistic to the extent that it is consistent with that compensated for related perform in other activities with the recipient or subrecipient. In conditions wherever the sorts of employees expected for Federal awards usually are not located in another pursuits on the receiver or subrecipient, compensation are going to be deemed reasonable on the extent that it is similar to that paid out for similar operate during the labor industry where the recipient or subrecipient competes for the kind of personnel associated.
(four) A company situated in a country apart from The usa not acknowledged being a foreign general public entity.
Immediate expenditures are those expenditures that may be discovered exclusively with a particular ultimate cost goal, for instance a Federal award, or other internally or externally funded action, or that could be immediately assigned to these routines relatively very easily which has a large diploma of accuracy.