If the receiver or subrecipient retains title for the residence, it should shell out the Federal company an amount calculated by multiplying The proportion with the Federal company's contribution in the direction of the initial buy (and costs of any enhancements) by the current honest marketplace price of the residence.
usually means a recipient or subrecipient that gives a subaward to some subrecipient (which includes decreased tier subrecipients) to execute Component of a Federal method. The authority of the move-by entity below this section flows from the subaward settlement involving the pass-as a result of entity and subrecipient.
(d) Be accorded dependable cure. As an example, a price have to not be assigned to the Federal award for a direct Price if almost every other Expense incurred for a similar purpose in like circumstances has long been allotted towards the Federal award as an oblique Charge.
The recipient or subrecipient and Federal agency or pass-by way of entity should choose steps to protect the title of victims of a crime when access to the target's identify is critical. Only underneath incredible and unusual situation would these types of accessibility include an evaluation on the real identify of victims of against the law.
Unless of course the Federal company expressly authorizes an arrangement, a receiver or subrecipient will have to follow its written insurance policies and processes concerning the permissible extent of Expert services that can be presented outdoors the receiver or subrecipient for non-organizational compensation.
usually means some time interval from the beginning day of a funded percentage of an award to the top date of that funded part, for the duration of which recipients and subrecipients are licensed to incur economic obligations in the money awarded, which includes any cash carried ahead or other revisions pursuant to § two hundred.308.
means the Federal company selected to perform the obligations explained in § 200.513(a). The cognizant agency for audit is not automatically similar to the cognizant agency for indirect prices.
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(three) Identify any additional requirements which the offerors must satisfy and all other variables that may be used in analyzing bids or proposals.
(ii) Wherever sabbatical go away is A part of fringe Positive aspects for which a value is set for evaluation being a direct charge, the combination level of this kind of assessments applicable to all perform in the institution in the course of the base interval needs to be fair in relation to your IHE's actual working experience underneath its sabbatical depart plan.
There is no universal rule for classifying particular expenses as immediate or indirect prices. A value could be immediate for a few specific company or operate but oblique with the Federal award or other final Charge objective.
(eight) A payment ought to not be built to a receiver or subrecipient for quantities the recipient or subrecipient withholds from contractors to assure satisfactory completion of labor.
(four) A company situated in a country besides the United States not acknowledged for a foreign public entity.
The recipient and subrecipient check here are to blame for the oversight with the Federal award. The recipient and subrecipient should keep track of their things to do under Federal awards to be certain They're compliant with all specifications and Conference functionality expectations.