(a) Title to intangible residence acquired under a Federal award vests on acquisition in the recipient or subrecipient. The recipient or subrecipient need to use that intangible home for the originally licensed purpose and should not encumber the residence with no approval from the Federal agency or pass-by entity.
(7) Composed strategies for analyzing the allowability of prices in accordance with subpart E plus the terms and conditions of the Federal award.
(two) A private nongovernmental Corporation situated in a rustic besides The us that solicits and receives dollars contributions from most of the people;
usually means monetary obligations incurred by the recipient or subrecipient although not compensated (liquidated) for fiscal stories organized on the funds basis.
(one) The recipient or subrecipient need to be paid out in advance, supplied it maintains or demonstrates the willingness to maintain each written methods that reduce the time elapsing involving the transfer of resources and disbursement via the receiver or subrecipient, and fiscal management techniques that meet up with the requirements for fund Manage and accountability as established During this part. Progress payments into a recipient or subrecipient should be restricted to the bare minimum amounts required and be timed with genuine, fast income prerequisites on the receiver or subrecipient in carrying out the goal of the accredited system or project.
(ii) The receiver or subrecipient is delinquent within a debt to The us as described in OMB Circular A-129, “Procedures for Federal Credit history Programs and Non-Tax Receivables.” Underneath this kind of ailments, the Federal company or go-by means of entity might, soon after providing realistic notice, withhold payments for the recipient or subrecipient for fiscal obligations incurred following a specified date until eventually the circumstances are corrected or even the credit card debt is repaid towards the Federal Authorities.
(b) The Federal agency or go-by way of entity should collect financial stories no under on a yearly basis. The Federal agency or go-via entity might not collect economical studies far more commonly than quarterly Except if a particular affliction has been carried out in accordance with § 200.
When it really is predicted the duration of efficiency will contain various price range intervals, the Federal company should more info point out that subsequent spending budget periods are topic to The supply of cash, program authority, satisfactory performance, and compliance Together with the terms and conditions of your Federal award.
A meeting usually means an occasion whose Principal function is usually to disseminate specialized data past the recipient or subrecipient and is necessary and realistic for prosperous overall performance under the Federal award. Allowable convention prices may contain the rental of amenities, speakers' fees, attendance charges, expenditures of meals and refreshments, neighborhood transportation, and other items incidental to this kind of conferences Unless of course further more limited because of the stipulations in the Federal award.
This is the procurement strategy in which bids are publicly solicited by an invitation plus a firm fastened-price agreement (lump sum or unit rate) is awarded on the liable bidder whose bid conforms with all the material stipulations of the invitation and is the lowest in selling price. The sealed bids procurement method is chosen for procuring building companies.
(k) For institutions of higher education and learning (IHE), voluntary uncommitted Expense sharing should be taken care of otherwise from mandatory or voluntary dedicated cost sharing. Voluntary uncommitted Value sharing really should not be A part of the arranged research base for computing the oblique Price tag level or mirrored in almost any allocation of indirect charges.
The receiver or subrecipient have to, in a minimal, present the equal insurance policies coverage for true assets and tools obtained or enhanced with Federal money as offered to residence and equipment owned with the receiver or subrecipient.
(v) Payments for unfunded pension charges need to be billed in accordance With all the allocation rules of this subpart. Exclusively, the receiver or subrecipient might not cost unfunded pension costs on to a Federal award if All those unfunded pension prices are not allocable to that award.
The receiver or subrecipient could establish a threshold better in comparison to the micro-obtain threshold determined from the Much in accordance with the requirements of this area. The recipient or subrecipient may well self-certify a threshold around $fifty,000 on an annual foundation and have to maintain documentation being produced accessible to the Federal company or pass-by entity and auditors in accordance with § 200.