(a) Title to intangible house obtained less than a Federal award vests upon acquisition while in the receiver or subrecipient. The recipient or subrecipient must use that intangible home for the originally licensed goal and must not encumber the property without the acceptance on the Federal agency or go-by entity.
Micro-purchases could possibly be awarded without soliciting aggressive rate or price quotations Should the recipient or subrecipient considers the value affordable dependant on exploration, encounter, acquire historical past, or other info; and maintains documents to assistance its conclusion. Obtain playing cards might be used like a method of payment for micro-buys.
The Affiliation of costs having a Federal award decides no matter if expenditures are direct or oblique. Costs billed straight to a Federal award are generally incurred specifically for that Federal award (like, as an example, supplies necessary to accomplish the award's aims along with the proportion of employee compensation and fringe Added benefits expended in relation to that unique award).
usually means money obligations incurred from the receiver or subrecipient although not paid out (liquidated) for economical experiences well prepared with a funds foundation.
(six) Payments for allowable expenditures ought to not be withheld at any time in the course of the duration of efficiency Unless of course expected by Federal statute, laws, or in one of the following occasions:
(ii) Trade secrets and techniques, professional information and facts, supplies essential to be held confidential by a researcher until eventually They are really revealed, or very similar details that is guarded under regulation; and
(three) The accounting basis (cash or accrual) chosen for costing each variety of leave is constantly followed by the receiver or subrecipient or a specified grouping of staff.
(e) Whether the Price signifies a deviation through the recipient's or subrecipient's set up created insurance policies and procedures for incurring charges.
The receiver or subrecipient is to blame for the settlement of all contractual and administrative issues arising outside of its procurement transactions. These challenges contain, but usually are not restricted to, supply analysis, protests, disputes, and statements. These standards usually do not decrease the receiver or subrecipient of any contractual responsibilities under its contracts.
(a) Voluntary dedicated Value sharing isn't envisioned beneath Federal research grants. The Federal agency might not use voluntary fully commited Charge sharing as a factor in the course of the advantage evaluate of applications or proposals for Federal exploration grants unless authorized by Federal statutes or agency laws and specified in the notice of funding prospect.
The applicant's file of controlling earlier and existing Federal awards, which include compliance with reporting necessities and conformance towards the stipulations of Federal awards, if relevant;
(five) Severance payments to overseas nationals employed via the recipient or subrecipient outdoors The us a result of the termination in the international countrywide as a result of the closing of, or curtailment of routines by, the receiver or subrecipient in that state, are unallowable 200 loan Except They may be both:
(1) The Federal agency will have to set up and keep procedures and procedures for conducting a threat evaluation To judge the dangers posed by applicants just before issuing Federal awards. This evaluation can help detect pitfalls which could impact the advancement towards or maybe the accomplishment of a task's objectives and targets. Danger assessments assist Federal administrators in analyzing suitable assets and time for you to devote to project oversight and keep track of receiver development.
(two) The allowability of these charges to the IHE isn't going to count on whether or not they are recorded within the accounting records on the IHE.