(ii) The receiver or subrecipient needs to have composed processes for conducting technical evaluations and producing picks.
(three) The value of donated Place will have to not exceed the honest rental price of comparable House as recognized by an impartial appraisal of equivalent Area and amenities inside a privately-owned creating in precisely the same locality.
(4) When acquiring substitution products, the recipient or subrecipient could both trade-in or provide the tools and utilize the proceeds to offset the price of the substitute gear.
(1) The recipient or subrecipient may well request that the Federal agency or go-by way of entity assessment its procurement method to determine whether or not it fulfills these standards for its technique to be Qualified.
(e) The quantity or proportion of unallowable prices included in each year's amount will be assumed being the same as the amount or proportion of unallowable expenditures included in the base yr proposal utilised to determine the rate.
signifies enough time interval from the beginning day of a funded part of an award to the top day of that funded portion, in the course of which recipients and subrecipients are approved to incur economical obligations of your funds awarded, which includes any cash carried forward or other revisions pursuant to § 200.308.
usually means the motion a Federal company or go-by means of entity can take to discontinue a Federal award, in full or partly, Anytime ahead of the prepared conclude date from the period of functionality. Termination isn't going to involve discontinuing a Federal award because of a lack of accessible resources.
(e) The recipient or subrecipient will have to make sure all prequalified lists of persons, firms, or merchandise Employed in procurement transactions are existing and involve adequate skilled sources to be sure greatest open up Level of competition.
Identification of regardless of whether the program will concern Federal awards on the discretionary or non-discretionary basis;
Federal companies will have to create conflict of curiosity policies for Federal awards. A recipient or subrecipient should disclose in creating any prospective conflict of desire towards the Federal agency or move-by means of entity in accordance with the recognized Federal company policies.
A price is acceptable if it does not exceed an total that a prudent particular person would incur under the situation prevailing when the decision was created to incur the expense. In deciding the reasonableness of the presented cost, thought must be offered to the subsequent:
The receiver or subrecipient is encouraged to gain profits to defray system prices when acceptable. Program revenue must be utilized for the original reason from the Federal award. Method income attained over the duration of overall performance may well only be used for fees incurred over the duration of overall performance or allowable closeout costs.
(ii) The ideal available interest-bearing account would not moderately be expected click here to generate curiosity in surplus of $500 a year on Federal hard cash balances;
The costs of particular actions usually are not allowable as fees to Federal awards. Although these fees are unallowable, they must be handled as direct costs for purposes of determining oblique cost costs and be allotted their equitable share of your receiver's or subrecipient's indirect costs should they characterize things to do which: