(3) The recipient or subrecipient may well transfer title towards the property for the Federal Govt or to an suitable 3rd party offered which the receiver or subrecipient needs to be entitled to compensation for its attributable proportion of the current fair current market value of the assets.
(a) Bonding expenses arise if the Federal company involves assurance in opposition to economic reduction to itself or Many others as a consequence of an act or default from the receiver or subrecipient.
The Federal agency need to use OMB-permitted typical data collections (such as, Analysis Performance Progress Experiences) when requesting efficiency reporting facts. The Federal agency or move-by entity may well not accumulate overall performance stories additional routinely than quarterly Unless of course a selected affliction has been applied in accordance with § two hundred.208. Towards the extent practicable, the Federal agency or move-via entity must align the because of dates of overall performance studies and money reviews. When reporting method functionality, the recipient or subrecipient have to relate economic knowledge and task or software achievements to the efficiency aims and objectives of the Federal award. Also, the recipient or subrecipient will have to deliver Price tag info to display Value-powerful techniques (for example, through device cost data) when expected by the terms and conditions of your Federal award.
(xii) Help Listings title and variety; the move-through entity need to establish the greenback total built offered underneath Each individual Federal award and the Aid Listings Selection at time of disbursement;
Other than as or else provided by Federal statutes or even the Federal agency, genuine assets has to be utilized for the initially licensed function provided that it is required for that goal. Whilst the residence is getting used with the initially approved reason, the recipient or subrecipient should not get rid of or encumber its title or other passions apart from as supplied by the Federal company.
(5) Implements a plan to get a public objective specified in authorizing statute, rather than providing goods or companies for the benefit of the go-by entity.
There won't be any prerequisites governing the disposition of software earnings gained once the conclusion in the duration of efficiency on the Federal award Unless of course stipulated from the Federal agency rules or maybe the terms and conditions with the Federal award.
suggests PII (see definition On this part), aside from PII that have to be disclosed by regulation. Examples of PII contain, but are certainly not restricted to, social safety quantity; copyright amount; bank card figures; clearances, bank quantities; biometrics; day and place of birth; mother's maiden identify; prison, medical and economic data; and educational transcripts.
A cost is allocable to your Federal award or other cost goal if the associated fee is assignable to that Federal award or other cost objective in accordance With all the relative Rewards been given. This regular is satisfied if the fee satisfies any of the next standards:
(e) If the receiver or subrecipient accepts a loan or grant, it really is certifying that it's going to adjust to the prohibition on protected telecommunications tools and products and services On this part.
The Federal company may perhaps waive any general performance report that's not essential to ensure the plans and objectives on the Federal award are now being attained.
Some nonprofit companies, thanks to their dimension and character of operations, might be looked upon as just like for-earnings organizations with regard to the applicability of Price principles. These nonprofit corporations have to run less than Federal Price ideas that apply to for-gain organizations Positioned at forty eight CFR 31.
(a) All procurement transactions beneath the Federal award need to be performed in a very fashion that provides whole and open competition and is particularly in keeping with the specifications of the section and § 200.320.
(2) Are unallowable because they are certainly not allocable for the Federal award(s), has to be adjusted, or a refund have to be produced in accordance with the necessities of this area. click here These changes or refunds are intended to accurate the proposals utilised to ascertain the fees and do not represent a reopening of the speed negotiation.