(i) The worth of donated residence has to be established in accordance With all the accounting guidelines from the recipient or subrecipient with the following skills:
(ii) The pass-via entity need to not require using the de minimis oblique cost rate In case the subrecipient has an approved oblique Value level negotiated While using the Federal Federal government.
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(two) Are unallowable given that they aren't allocable to the Federal award(s), should be modified, or simply a refund need to be made in accordance with the necessities of this area. These adjustments or refunds are intended to accurate the proposals made use of to ascertain the fees and don't represent a reopening of the rate negotiation.
signifies an entity through which a lot more than 50 p.c of the entity is owned or managed right by a parent corporation or via A further subsidiary of a mother or father corporation.
The aggregate dollar quantity of the procurement transaction is larger in comparison to the micro-purchase threshold but does not exceed the simplified acquisition threshold. If simplified acquisition methods are utilized, cost or amount quotations has to be received from an ample variety of experienced resources.
(3) Determine any more specifications which the offerors must satisfy and all other things that can be Employed in evaluating bids or proposals.
The Federal agency have to ask for the transfer of records to its custody through the receiver or subrecipient when it establishes which the data possess prolonged-time period retention worth.
Proceeds within the sale of true home, devices, or materials. The proceeds has to be taken care of in accordance with the requirements with the Assets Criteria of §§ 200.
(5) A requirement the subrecipient allow the go-through entity and auditors to accessibility the subrecipient's documents and fiscal statements for the go-by entity to satisfy its monitoring needs; and
(e) When the receiver or subrecipient accepts a financial loan or grant, it can be certifying that it's going to adjust to the prohibition on protected telecommunications devices and companies In this particular area.
Application earnings is deducted from the entire allowable prices, reducing the overall complete amount of the Federal award.
implies some time interval from the beginning date of the funded part of an award to the top day of that funded part, for the duration of which recipients and subrecipients are licensed to incur monetary obligations on the money awarded, including any funds carried forward or other revisions pursuant to § 200.308.
Topic to the requirements and situations set forth On click here this area, title to true residence acquired or enhanced beneath the Federal award will vest upon acquisition inside the recipient or subrecipient.