Program cash flow is deducted from the total allowable charges, reducing the overall whole degree of the Federal award.
(four) Another entity consisting wholly or partially of one or more foreign governments or overseas governmental entities.
The whole price of a Federal award will be the sum on the allowable direct and allocable oblique charges minus any applicable credits
(1) The recipient or subrecipient could request which the Federal agency or pass-by means of entity evaluation its procurement process to find out no matter whether it satisfies these benchmarks for its method being Qualified.
(a) Awards to states, neighborhood governments, and Indian Tribes will often be carried out at the extent of department within the Condition, local govt, or Indian Tribe. A central company Expense allocation approach is founded to permit these Section to say a portion of centralized assistance expenses which have been incurred in proportion to your award's actions.
indicates the entity that owns or controls an instantaneous operator of an applicant or that owns or controls one or more entities that control an immediate proprietor of an applicant.
The combination number of the procurement transaction isn't going to exceed the micro-acquire threshold outlined in § two hundred.one. To your extent practicable, the recipient or subrecipient ought to distribute micro-buys equitably amid experienced suppliers.
(4) The procurement is anticipated to exceed the simplified acquisition threshold, along with a sealed bid procurement is always to be awarded to an entity aside from the obvious reduced bidder; or
(2) “Produced goods” means goods and building elements composed in full or partly of non-ferrous metals such as aluminum; plastics and polymer-dependent items for instance polyvinyl chloride pipe; aggregates including concrete; glass, including optical fiber; and lumber.
(ii) An insurance provider or trustee that can retain a trust fund or reserve for the sole function of delivering write-up-retirement Advantages to retirees and also other beneficiaries.
suggests an yearly current authoritative resource of data for auditors that identifies existing essential compliance prerequisites that the Federal Govt expects to get considered as Element of an audit.
Payment for workers engaged in Focus on Federal awards might be sensible to your extent that it's according to that paid for comparable function in other pursuits with the recipient or subrecipient. In instances where by the sorts of workforce expected for Federal awards usually are not located in the opposite activities from the recipient or subrecipient, compensation is going to be viewed as sensible for the extent that it's similar to that compensated for very similar operate from the labor sector during which the recipient or subrecipient competes for the type of staff concerned.
indicates time read more interval in between the beginning and stop day of a Federal award, which can contain one or more finances periods.
(2) The allowability of these prices for that IHE isn't going to rely on whether or not they are recorded from the accounting records in the IHE.