(b) Existing negotiated indirect Expense premiums will remain in place until they expire. The successful date of changes to indirect Price fees must be based on the date a recently re-negotiated amount goes into outcome with the receiver's or subrecipient's fiscal 12 months.
Expenses incurred or paid by a Condition or local federal government on behalf of and in immediate advantage to its IHEs are allowable. These expenses include but usually are not limited to fringe reward programs including pension expenses and Federal Insurance policy Contributions Act (FICA) fees.
The recipient or subrecipient is accountable for identifying an appropriate simplified acquisition threshold according to inside controls, an analysis of possibility, and its documented procurement treatments, which may be lessen than, but ought to not exceed, the threshold recognized from the Much.
(one) The recipient or subrecipient may well request which the Federal company or pass-as a result of entity overview its procurement technique to ascertain whether it fulfills these specifications for its program to generally be Accredited.
(a) Recipients and subrecipients are prohibited from obligating or expending loan or grant money to:
usually usually means someone taking part in or attending system activities less than a Federal award, like trainings or conferences, but who's not responsible for implementation in the Federal award. People today committing effort and hard work to the development or shipping of software things to do under a Federal award (for instance consultants, job staff, or personnel users of a recipient or subrecipient) are certainly not contributors.
(three) The accounting basis (cash or accrual) picked for costing Every single form of go away is continuously followed by the recipient or subrecipient or possibly a specified grouping of employees.
(two) Through the time that tools is used over the venture or plan for which it had been obtained, the recipient or subrecipient have to also make the equipment readily available for use on other packages or assignments supported by the Federal Authorities, presented that these types of use will not interfere with the objective for which it was originally obtained. Initially desire for other use of your equipment needs to be given to other programs or projects supported because of the Federal agency that financed the gear.
These procurement approaches expedite the completion of transactions, lessen administrative click here burdens, and cut down costs. Informal procurement solutions could possibly be employed when the value with the procurement transaction underneath the Federal award doesn't exceed the simplified acquisition threshold as described in § two hundred.
(4) Solve audit results exclusively associated with the subaward. Nonetheless, the pass-via entity is just not to blame for resolving cross-chopping audit findings that utilize to the subaward and various Federal awards or subawards. If a subrecipient has a current Solitary Audit report and it has not been excluded from acquiring Federal funding (meaning, has not been debarred or suspended), the go-by way of entity may count on the subrecipient's cognizant company for audit or oversight agency for audit to complete audit follow-up and make management conclusions connected to cross-chopping audit findings in accordance with segment § 200.
(two) The outcome of former audits. This contains looking at whether the subrecipient receives an individual Audit in accordance with subpart File and the extent to which precisely the same or identical subawards are already audited as A significant software;
publish-retirement well being Rewards) are allowable from the yr of payment offered which the recipient or subrecipient follows a constant costing plan.
(v) Payments for unfunded pension charges need to be billed in accordance with the allocation principles of the subpart. Exclusively, the receiver or subrecipient might not cost unfunded pension charges on to a Federal award if All those unfunded pension expenditures will not be allocable to that award.
You'll find a few ways of implementing program earnings: deduction; addition; and cost-sharing. The Federal agency ought to specify what method money strategy(s) are going to be Employed in the conditions and terms with the Federal award. The deduction system are going to be made use of if the Federal agency would not specify a technique for making use of software cash flow. When no system revenue technique is laid out in the Federal award, prior acceptance is necessary to utilize the addition or Price tag sharing solutions.