(7) A payment withheld for failure to adjust to the conditions and terms of your Federal award have to be released into the receiver or subrecipient upon subsequent compliance. Each time a Federal award is suspended, payment changes needs to be designed in accordance with § 200.343.
(three) The value of donated House need to not exceed the reasonable rental price of comparable Room as proven by an unbiased appraisal of comparable House and facilities in a very privately-owned building in the same locality.
A contract is for the objective of getting goods and services for your receiver's or subrecipient's use and generates a procurement romance having a contractor. See the definition of agreement
(1) The recipient or subrecipient may possibly request which the Federal agency or go-as a result of entity critique its procurement program to determine whether it meets these criteria for its technique for being Accredited.
Apart from as if not furnished by Federal statutes or the Federal agency, true residence should be utilized for the initially authorized reason given that it is required for that goal. While the property is getting used for that at first authorized purpose, the recipient or subrecipient must not eliminate or encumber its title or other pursuits other than as provided by the Federal company.
usually means orders put for house and services, contracts and subawards manufactured, and identical transactions that involve payment by a recipient or subrecipient below a Federal award that can result in expenditures by a receiver or subrecipient under a Federal award.
(three) The disengagement from the task for over three months, or a twenty five % reduction in time and effort devoted to the Federal award above the course of your duration of general performance, from the accepted job director or principal investigator.
(e) The receiver or subrecipient should be certain that all prequalified lists of individuals, firms, or goods Utilized in procurement transactions are existing and incorporate ample competent resources to guarantee highest open Levels of competition.
(iii) The depository would need a median or least equilibrium so superior that it would not be feasible Along with the envisioned Federal and non-Federal cash resources;
(five) A requirement the subrecipient allow the move-via entity and auditors to entry the subrecipient's records and money statements for the move-by way of entity to meet its checking specifications; and
(a) The place the Federal Federal government ensures or insures the repayment of cash borrowed through the recipient, the Federal company may well call for ample bonding and insurance policies if the bonding and insurance plan prerequisites in the receiver are certainly not deemed enough to shield the curiosity on the Federal Governing administration.
(ii) The go-by means of entity must not have to have the use of the de minimis indirect Value price Should the subrecipient has an accredited oblique Expense fee negotiated With all the Federal Govt.
(ii) The accrual basis can be only utilized for anyone different types of leave for which a liability as more info described by GAAP exists in the event the go away is earned. Each time a recipient or subrecipient works by using the accrual foundation of accounting, allowable go away expenses will be the lesser of the amount accrued or funded.
The recipient or subrecipient may perhaps create a threshold greater compared to the micro-purchase threshold determined within the Much in accordance with the necessities of this portion. The recipient or subrecipient may perhaps self-certify a threshold approximately $50,000 on an yearly foundation and will have to sustain documentation to be designed available to the Federal agency or move-via entity and auditors in accordance with § two hundred.