(two) When no Assistance Listings Number is assigned, all Federal awards through the exact agency produced for a similar goal have to be mixed and considered 1 method.
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(a) The costs end result from economic obligations which ended up correctly incurred from the recipient or subrecipient before the helpful day of suspension or termination, instead of in anticipation of it; and
Apart from wherever in any other case licensed by statute, expenditures need to fulfill the next criteria to get allowable below Federal awards:
(a) Voluntary committed Charge sharing just isn't expected under Federal investigation grants. The Federal agency may well not use voluntary fully commited Price sharing as an element over the benefit review of applications or proposals for Federal exploration grants Except if authorized by Federal statutes or agency polices and specified in the observe of funding option.
(A) Bids must be solicited from an adequate quantity of qualified resources, delivering them with sufficient response time before the day established for opening the bids.
(1) The recipient or subrecipient need to use devices for that challenge or plan for which it had been obtained and for as long as wanted, if the task or method proceeds to generally be supported by the Federal award. The recipient or subrecipient need to not encumber the products devoid of prior acceptance in the Federal agency or pass-by means of entity.
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(a) Where the Federal Authorities assures or insures the repayment of get more info cash borrowed by the receiver, the Federal agency may perhaps require ample bonding and insurance Should the bonding and insurance policies demands with the recipient are usually not deemed sufficient to guard the interest of the Federal Govt.
(one) A created need or assertion by one of several functions to your Federal award searching for as a make a difference of proper:
Payments made for prices decided to become unallowable by both the awarding Federal company, cognizant company for indirect expenditures, or pass-through entity needs to be refunded with desire on the Federal Federal government.
(b) The following sections will not be meant to be an extensive list of possible products of cost encountered below Federal awards. Failure to mention a particular merchandise of Value, which include for example in specific sections, is not really intended to indicate that it is either allowable or unallowable. When determining the allowability for an merchandise of Price, each situation should be dependant on the procedure supplied for identical or relevant objects of Price and dependant on the principles explained in §§ 200.
commonly means an organization or entity structured for the objective of earning a gain. The phrase consists of but isn't limited to:
(one) Tangible or intangible assets Utilized in operations aquiring a beneficial lifetime of more than one year which might be capitalized in accordance with GAAP. Money property consist of: