(b) Existing negotiated oblique Price rates will keep on being in place until they expire. The effective day of alterations to indirect cost fees must be based mostly upon the day a newly re-negotiated rate goes into result to the recipient's or subrecipient's fiscal yr.
(one) The term “direct loan” signifies a disbursement of cash with the Federal Authorities to some non-Federal borrower underneath a agreement that requires the repayment of this sort of cash with or without the need of fascination. The time period consists of the purchase of, or participation in, a loan produced by One more lender and funding preparations that defer payment for in excess of 90 days, including the sale of the Federal Authorities asset on credit rating conditions.
The Federal company will have to use OMB-accredited prevalent details collections (for instance, Investigate Overall performance Development Reviews) when requesting effectiveness reporting data. The Federal company or pass-by entity may well not collect overall performance reviews far more usually than quarterly unless a particular condition has actually been executed in accordance with § two hundred.208. For the extent practicable, the Federal company or pass-via entity should align the due dates of performance stories and economical reviews. When reporting program effectiveness, the receiver or subrecipient have to relate economic information and job or plan accomplishments into the performance plans and aims with the Federal award. Also, the receiver or subrecipient need to provide Value data to demonstrate Charge-productive procedures (for example, via device Value info) when necessary because of the conditions and terms from the Federal award.
implies a payment that a Federal agency or pass-via entity tends to make by any acceptable payment system and payment approach prior to the receiver or subrecipient disburses the funds for method uses.
(d) The Federal agency or move-by way of entity should not hold off payments for the receiver or subrecipient for fees Assembly the necessities of subpart E of this element.
implies the time interval from the beginning date of a funded percentage of an award to the end date of that funded portion, throughout which recipients and subrecipients are approved to incur money obligations from the money awarded, like any money carried forward or other revisions pursuant to § 200.308.
(iv) The recipient or subrecipient may use competitive proposal treatments for qualifications-dependent procurement of architectural/engineering (A/E) professional products and services whereby the offeror's skills are evaluated, and probably the most qualified offeror is selected, subject to negotiation of reasonable and affordable compensation.
(a) Title to provides obtained beneath the Federal award will vest on acquisition while in the recipient or subrecipient. When There exists a residual inventory of unused provides exceeding $ten,000 in aggregate value at the end of the duration of efficiency, and also the materials aren't essential for every other Federal award, the recipient or subrecipient might keep or promote the unused provides. Unused provides means supplies which have been in new issue, not owning been made use of or opened prior to. The mixture worth of unused provides includes all supply sorts, not identical to-product materials.
(3) A charitable Business situated in a country besides The us that's nonprofit and tax-exempt underneath the guidelines from the nation the place it truly is registered and is not a university, faculty, accredited diploma-granting institution of training, personal Basis, medical center, a corporation engaged completely in study or scientific pursuits, church, synagogue, mosque 200 loan or other comparable entities structured primarily for spiritual reasons; or
that is covered by a disclosure exemption beneath the Freedom of data Act (FOIA). When the recipient asserts within just 7 calendar days into the Federal company which posted the knowledge that a disclosure exemption below FOIA handles many of the information created publicly obtainable, the Federal agency that posted the data have to take out the publishing inside of 7 calendar times of getting the assertion.
Program income is additional to the total allowable prices, increasing the overall whole quantity of the Federal award.
The prices incurred by a recipient or subrecipient to recover incorrect payments, together with poor overpayments, are allowable as either immediate or indirect charges, as correct.
(file) On the extent consistent with set up tactics and authorized necessities applicable to the receiver or subrecipient, this subpart won't prohibit recipients or subrecipients from building written techniques for procurement transactions that integrate a scoring system that benefits bidders that commit to specific quantities and types of U.S. Work opportunities, minimal payment, Advantages, on-the-job-teaching for employees making get the job done products and solutions or supplying products and services on the agreement, and also other employee protections.
When authentic property is no more required for that initially licensed objective, the receiver or subrecipient must receive disposition instructions from your Federal company or move-via entity. The Directions must specify one among the subsequent disposition techniques: