(3) Every Federal agency that considers building a Federal award for the applicant for the duration of that 5-12 months time period will consider that details in identifying the applicant's qualification to receive a Federal award when the entire Federal share of the Federal award is expected to exceed the simplified acquisition threshold above the period of performance;
The subsequent is a list of definitions of key phrases usually Utilized in 2 CFR part 200. Definitions located in Federal statutes or regulations that use to particular applications take priority about the following definitions.
(B) Two or maybe more dependable bidders have been determined as prepared and capable of contend proficiently for the organization; and
(xii) Support Listings title and quantity; the pass-as a result of entity must discover the greenback amount built out there beneath Every single Federal award plus the Assistance Listings Variety at enough time of disbursement;
(2) Benefits the two the Federal award and various work of your receiver or subrecipient and may be dispersed in proportions that may be approximated making use of realistic strategies; or
Proceeds from your sale of real house, equipment, or provides. The proceeds must be handled in accordance with the requirements on the Property Specifications of §§ 200.
For recipients and subrecipients besides States, payment techniques ought to limit time elapsing between the transfer of money in the Federal company or even the move-as a result of entity along with the disbursement of funds because of the receiver or subrecipient irrespective of whether the payment is produced by Digital funds transfer or by other implies.
(one) A community or personal Group situated in a country aside from The usa and its territories that may be subject to the laws from the nation through which it is located, no matter the citizenship of challenge staff or place of overall performance;
means a group of Federal awards both awarded beneath a particular software or team of courses or to a specific kind of recipient or team of recipients to which unique provisions or exceptions might apply.
(ii) The place sabbatical depart is A part of fringe Advantages for which a cost is determined for evaluation to be a direct cost, the combination number of these assessments applicable to all operate of your institution in the foundation period of time have to be realistic in relation on the IHE's actual encounter under its sabbatical go away policy.
(iii) Appeared unreasonable and didn't reflect the actions a prudent individual would just take while in the conditions.
(a) Every State need to expend and account check here to the Federal award in accordance with State regulations and processes for expending and accounting with the Condition's resources. All receiver and subrecipient economic management programs, including documents documenting compliance with Federal statutes, regulations, and also the stipulations in the Federal award, must be adequate to permit the planning of studies required by the terms and conditions; and monitoring expenditures to establish that resources have already been Employed in accordance with Federal statutes, polices, and also the stipulations on the Federal award. See § two hundred.450.
When requesting acceptance for funds revisions, the receiver or subrecipient have to use exactly the same structure for spending plan information and facts that was utilized of their application, other than When the Federal agency has permitted an alternate structure.
The costs of particular actions will not be allowable as fees to Federal awards. While these expenses are unallowable, they have to be dealt with as direct fees for needs of deciding indirect cost prices and be allotted their equitable share with the recipient's or subrecipient's indirect prices should they characterize functions which: