(3) The recipient or subrecipient may transfer title on the house to your Federal Govt or to an eligible third party provided that the recipient or subrecipient need to be entitled to compensation for its attributable percentage of the present fair market place value of the property.
The receiver's or subrecipient's contracts must contain the applicable provisions explained in Appendix II of this portion.
usually means, for functions of § 200.330 or when Utilized in connection with the acquisition or advancement of actual house, products, or provides beneath a Federal award, the greenback volume that's the solution of your:
(two) A physical stock in the residence has to be executed, and the outcomes has to be reconciled With all the house data at the very least at the time every two many years.
Other than as or else provided by Federal statutes or even the Federal agency, genuine residence should be useful for the originally licensed intent providing it is needed for that reason. Even though the assets is being used for the originally authorized objective, the receiver or subrecipient must not dispose of or encumber its title or other interests other than as provided by the Federal company.
suggests a questioned cost specially determined through the auditor. Regarded questioned fees absolutely are a subset of probably questioned prices.
signifies an award by which the Federal agency, In step with distinct statutory authority that allows the agency to training judgment (“discretion”), selects the receiver or the amount of Federal funding awarded by way of a competitive procedure or based on merit of proposals. A discretionary award may be picked on the non-competitive basis, as ideal.
When included in the conditions and terms with the Federal award, the Federal company may allow the receiver to keep tools, or authorize a move-by way of entity to allow the subrecipient to retain products, without any additional obligation for the Federal Authorities Until prohibited by Federal statute or regulation.
(ii) Research findings publicly cited by a Federal company in producing an agency action which includes the pressure and influence of regulation.
(three) The procurement is expected to exceed the simplified acquisition threshold and specifies a “manufacturer identify” item;
Whenever a proposal, plan, or other computation has to be submitted on the Federal Govt to variety The premise for negotiation of an oblique Charge charge (or other standard rates), then the 3-year retention interval for its supporting information commences with the day of submission.
(five) Severance payments to overseas nationals employed with the receiver or subrecipient outdoors The usa a result of the termination on the overseas nationwide on account of the closing of, or curtailment of activities by, the recipient or subrecipient in that country, are unallowable Until they are either:
(4) Salaries and wages of staff members Utilized in meeting Price tag sharing needs on Federal awards should be supported in the same more info manner as salaries and wages claimed for reimbursement from Federal awards.
Prerequisites for development and submission of oblique Value level proposals and cost allocation options are contained in the following Appendices: