(g) The recipient or subrecipient need to not get paid or retain any income resulting from Federal financial assistance Until explicitly authorized by the conditions and terms from the Federal award.
(4) The costs assigned to the supplied fiscal yr are funded for all strategy contributors inside six months once the close of that year. On the other hand, raises to ordinary and previous assistance pension prices a result of a hold off in funding the actuarial legal responsibility past 30 calendar times immediately after Each and every quarter with the calendar year to which this sort of expenses are assignable are unallowable.
(three) Dividing procurement transactions into individual procurements to permit most participation by these organization forms;
(one) With obvious targets and targets that present meaningful final results and be in step with the Federal authorizing laws of This system;
Payments manufactured for expenses decided being unallowable by either the awarding Federal company, cognizant agency for indirect prices, or pass-by way of entity have to be refunded with interest for the Federal Federal government.
implies a questioned cost specially discovered by the auditor. Regarded questioned expenses can be a subset of most likely questioned expenditures.
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usually means an award supplied by a move-via entity into a subrecipient to the subrecipient to lead on the plans and targets with the venture by carrying check here out Element of a Federal award obtained from the pass-by way of entity.
means a Federal award for which the start day is contiguous with, or carefully follows, the end from the expiring Federal award. The start day of a renewal award commences a different and distinct duration of functionality.
(1) A written demand from customers or assertion by one of several parties to some Federal award trying to find being a make a difference of appropriate:
(8) Govt Summary. A short description which is created in basic language and summarizes the goals and goals of the program, the audience, and suitable applicants. The text of the executive summary mustn't exceed 500 phrases; and
signifies somebody procurement transaction for supplies or companies, the mixture number of which isn't going to exceed the micro-invest in threshold. Micro-buys comprise a subset of a receiver's or subrecipient's smaller buys employing casual procurement methods as set forth in § two hundred.320.
A State will have to use, deal with and dispose of kit acquired under a Federal award in accordance with State guidelines and procedures. Indian Tribes will have to use, control, and dispose of kit acquired underneath a Federal award in accordance with tribal regulations and techniques.
The recipient or subrecipient may create a threshold increased when compared to the micro-acquire threshold recognized in the Significantly in accordance with the necessities of the segment. The receiver or subrecipient may self-certify a threshold nearly $50,000 on an once-a-year basis and ought to sustain documentation for being manufactured available to the Federal company or pass-as a result of entity and auditors in accordance with § two hundred.