(one) The recipient or subrecipient could utilize a time-and-elements kind agreement only after a dedication that no other agreement is ideal and In the event the deal features a ceiling rate the contractor exceeds at its own threat.
The recipient's or subrecipient's treatments must avoid the acquisition of pointless or duplicative items. Thing to consider must be given to consolidating or breaking out procurements to acquire a more inexpensive buy.
usually means a value aim which has allocated to it both equally immediate and indirect fees and, during the receiver's or subrecipient's accumulation process, is amongst the closing accumulation factors, such as a specific award, internal challenge, or other immediate activity of a recipient or subrecipient. See also the definitions of Price goal
Subparts B by D set forth the uniform administrative needs for Federal money support. This consists of establishing needs for Federal organizations management of Federal economic help courses right before a Federal award is made, and needs that Federal organizations may well impose on recipients and subrecipients through the lifecycle of a Federal award.
(one) The receiver or subrecipient needs to be paid out in advance, supplied it maintains or demonstrates the willingness to maintain both equally prepared techniques that limit some time elapsing involving the transfer of cash and disbursement because of the recipient or subrecipient, and financial administration systems that fulfill the criteria for fund Management and accountability as proven With this element. Advance payments to a recipient or subrecipient need to be limited to the minimum quantities needed and be timed with precise, rapid dollars specifications from the recipient or subrecipient in finishing up the goal of the permitted system or undertaking.
(b) Personal departments typically cost Federal awards for oblique costs by an indirect Value charge. A individual oblique Expense level proposal for every working Section is usually essential to declare indirect fees less than Federal awards. Indirect charges involve:
When gear obtained beneath a Federal award is no longer required for the first challenge, system, or for other actions presently or previously supported by a Federal company, the recipient or subrecipient will have to ask for disposition Recommendations through the Federal agency or go-as a result of entity if required from the terms and conditions of the Federal award.
(e) Any particular circumstances must be immediately taken off after the circumstances that prompted them have been happy.
(four) At the conclusion of a fixed sum award, the receiver or subrecipient must certify in composing to the Federal agency or go-via entity the challenge was completed as agreed to from the Federal award, or discover Those people actions that were not concluded, and that each one expenses had been incurred in accordance with § 200.403. Once the essential pursuits were not completed, like fastened amount of money awards compensated with a device value basis beneath 200.
(a) Voluntary dedicated Price sharing isn't predicted below Federal analysis grants. The Federal company may not use voluntary fully commited Expense sharing as a factor during the merit overview of applications or proposals for Federal research grants Until approved by Federal statutes or agency rules and specified in the observe of funding possibility.
You will discover a 200 loan few different types of procurement solutions described Within this segment: informal procurement procedures (for micro-buys and simplified acquisitions); official procurement techniques (via sealed bids or proposals); and noncompetitive procurement solutions.
(i) In quite a few partial payments. The level of Just about every payment along with the “milestone” or function triggering the payment, must be agreed to ahead of time and A part of the Federal award;
(ii) The most effective offered fascination-bearing account wouldn't fairly be predicted to generate desire in excessive of $five hundred every year on Federal hard cash balances;
(1) Expenditures unallowable underneath other sections of these principles have to not be allowable underneath this part entirely given that they represent staff payment.