(ii) The recipient or subrecipient needs to have prepared processes for conducting complex evaluations and making options.
The recipient's or subrecipient's contracts have to incorporate the applicable provisions described in Appendix II of the component.
The whole price of a Federal award could be the sum of the allowable direct and allocable indirect costs minus any applicable credits
(i) Every time a recipient or subrecipient works by using the money basis of accounting, the price of depart is recognized from the period of time that the leave is taken and compensated for.
Payments manufactured for fees decided for being unallowable by possibly the awarding Federal company, cognizant company for indirect costs, or pass-via entity need to be refunded with fascination to your Federal Governing administration.
means the documentation identifying, accumulating, and allocating or producing billing premiums dependant on the allowable expenses of solutions furnished by a Point out, area government, or Indian Tribe to its departments and businesses over a centralized basis. The costs of these products and services might be allotted or billed to users.
(three) Investigate information indicates the recorded factual materials normally recognized in the scientific community as essential to validate investigation results. Investigate knowledge won't include any of the following:
implies a proper announcement of the availability of Federal funding via a monetary support method from the Federal agency. The detect of funding opportunity provides information on the award, including that's qualified to use, the get more info evaluation requirements for selecting a receiver or subrecipient, the expected factors of an application, and the way to submit the application.
(b) The next sections are usually not meant to be an extensive list of potential objects of Price tag encountered beneath Federal awards. Failure to mention a specific merchandise of cost, which includes as an example in sure sections, is not really intended to imply that it's either allowable or unallowable. When figuring out the allowability for an merchandise of Price tag, Every scenario must be depending on the treatment presented for very similar or similar things of cost and depending on the concepts explained in §§ two hundred.
(ii) An insurance company or trustee that can manage a have confidence in fund or reserve for the only intent of delivering write-up-retirement Gains to retirees along with other beneficiaries.
(eight) Govt Summary. A brief description that is prepared in simple language and summarizes the targets and targets of This system, the target audience, and eligible applicants. The text of The chief summary should not exceed five hundred words; and
(one) A proposal to determine a cost allocation program or an indirect Charge fee, whether submitted to some Federal cognizant agency for indirect fees or preserved on file because of the recipient, has to be Accredited because of the receiver using the Certificate of Expense Allocation Plan
(a) All procurement transactions beneath the Federal award has to be performed inside a fashion that gives comprehensive and open up competition and is particularly in keeping with the expectations of this portion and § 200.320.
The Federal agency or go-by entity may well acknowledge the recipient's or subrecipient's bonding plan and requirements for development or facility enhancement contracts or subcontracts exceeding the simplified acquisition threshold.