(1) The recipient or subrecipient may utilize a time-and-products kind contract only following a determination that no other contract is appropriate and In case the contract includes a ceiling price tag which the contractor exceeds at its possess risk.
In case you have questions with the Agency that issued The existing document remember to Get hold of the agency instantly.
(four) When obtaining substitute tools, the receiver or subrecipient might either trade-in or provide the tools and make use of the proceeds to offset the price of the substitute devices.
Subparts B through D set forth the uniform administrative requirements for Federal monetary support. This incorporates establishing needs for Federal businesses management of Federal monetary help courses in advance of a Federal award is built, and requirements that Federal companies may impose on recipients and subrecipients through the entire lifecycle of a Federal award.
(3) IHEs may perhaps give staff tuition waivers or reductions, delivered the advantage won't discriminate in favor of highly compensated staff members.
suggests the documentation determining, accumulating, and allocating or producing billing fees according to the allowable expenditures of expert services furnished by a Point out, regional federal government, or Indian Tribe to its departments and businesses on the centralized basis. The prices of these solutions could be allocated or billed to buyers.
When equipment obtained underneath a Federal award is no more wanted for the first job, application, here or for other activities presently or Formerly supported by a Federal company, the receiver or subrecipient will have to request disposition Directions from the Federal agency or go-by way of entity if expected because of the terms and conditions of your Federal award.
(iv) Every time a recipient or subrecipient establishes or converts to a suitable actuarial Price method, as outlined by GAAP, and cash pension fees in accordance with this technique, the unfunded liability at enough time of conversion is allowable if amortized around a period of decades in accordance with GAAP.
Reviews and conclusions from audits performed beneath subpart F or the reports and results of almost every other readily available audits, if relevant; and
(1) A published desire or assertion by one of the functions to a Federal award seeking as being a make any difference of right:
There is not any common rule for classifying specific fees as immediate or indirect prices. A value might be immediate for a few certain company or purpose but indirect with the Federal award or other last Value objective.
(i) In a number of partial payments. The amount of Every single payment along with the “milestone” or event triggering the payment, ought to be agreed to in advance and A part of the Federal award;
suggests Price tag sharing specifically pledged voluntarily from the proposal's price range over the A part of the receiver or subrecipient, which becomes a binding prerequisite on the Federal award. See § two hundred.306.
(four) The term “loan ensure motivation” means a binding settlement by a Federal company to help make a loan ensure when specified ailments are fulfilled by the borrower, the lender, or every other social gathering to your warranty settlement.