(a) The receiver or subrecipient will have to complete a cost or cost analysis For each procurement transaction, like agreement modifications, in extra from the simplified acquisition threshold. The tactic and degree of analysis conducted depend on the facts surrounding the particular procurement transaction.
For nonprofit organizations, the costs of activities performed by the nonprofit Business principally as being a assistance to users, customers, or most people when significant and essential to the Firm's mission have to be addressed as immediate prices whether allowable, and become allocated an equitable share of oblique charges. Some examples of these sorts of functions include:
Initiate a a single-time extension from the period of general performance by nearly twelve months Unless of course a number of on the ailments outlined in paragraphs (g)(two)(i) by way of (iii) of the portion implement. Prior approval is not really required if a receiver is approved from the terms and conditions of your Federal award to initiate a one-time extension. On the other hand, the recipient have to notify the Federal company in writing Together with the supporting justification as well as a revised duration of effectiveness not less than ten calendar times prior to the conclusion in the period of performance.
(1) The recipient or subrecipient may possibly request which the Federal company or go-by entity evaluate its procurement procedure to determine no matter if it satisfies these requirements for its procedure to generally be certified.
usually means a grouping of closely linked programs that share common compliance demands. The kinds of clusters of courses are study and progress (R&D), scholar financial support (SFA), along with other clusters. “Other clusters” are described by OMB within the compliance health supplement or designated by a Point out for Federal awards the Condition delivers to its subrecipients that satisfy the definition of the cluster of courses.
(a) The more info Federal agency or pass-by way of entity need to close out the Federal award when it decides that each one administrative actions and essential get the job done of the Federal award are already finished. Once the receiver or subrecipient fails to finish the required administrative actions or the required operate for an award, the Federal company or move-by means of entity ought to carry on with closeout determined by the information offered. This part specifies the administrative steps demanded at the conclusion of the period of general performance.
(two) Insurance expenses around the life of trustees, officers, or other personnel holding positions of similar duty are allowable only to the extent that the insurance plan signifies more payment.
When included in the terms and conditions from the Federal award, the Federal agency could permit the receiver to keep gear, or authorize a pass-via entity to allow the subrecipient to keep gear, with no more obligation to your Federal Government Until prohibited by Federal statute or regulation.
Experiences and results from audits executed less than subpart File or even the reviews and results of any other available audits, if relevant; and
(5) A necessity that the subrecipient permit the pass-by entity and auditors to obtain the subrecipient's data and economic statements with the pass-by way of entity to fulfill its checking requirements; and
(iii) Appeared unreasonable and didn't replicate the steps a prudent individual would choose within the situations.
The prior acceptance needs for your steps described in paragraph (g) of this section are quickly waived for Federal awards that assist analysis unless stipulated from the Federal agency's regulations or terms and conditions of your Federal award.
The combination greenback level of the procurement transaction is better when compared to the micro-order threshold but doesn't exceed the simplified acquisition threshold. If simplified acquisition treatments are used, value or fee quotations needs to be obtained from an suitable quantity of competent sources.
The Federal agency must make all funding alternatives available for software for at least 60 calendar days. On the other hand, the Federal agency may well modify the availability period of a possibility as necessary. For example, extending the interval may very well be required to provide complex assistance to an applicant pool that was not predicted in the event the announcement was built or has fewer knowledge with implementing for Federal monetary support.