(1) The recipient's or subrecipient's procurement methods or operation fails to adjust to the procurement benchmarks During this section;
(four) Every other entity consisting wholly or partially of a number of overseas governments or overseas governmental entities.
(2) Via the Federal company or go-as a result of entity With all the consent with the recipient or subrecipient, by which case the two get-togethers have to concur upon the termination circumstances. These disorders contain the efficient day and, in the situation of partial termination, the portion to be terminated;
(4) Severance payments to foreign nationals used with the recipient or subrecipient exterior the United States, to the extent that the amount exceeds the customary or prevailing tactics for that recipient or subrecipient in America, are unallowable unless They are really expected by relevant foreign legislation or necessary for the functionality of Federal applications and authorised with the Federal company.
(one) The recipient or subrecipient need to be compensated in advance, provided it maintains or demonstrates the willingness to maintain both of those prepared treatments that lessen enough time elapsing among the transfer of money and disbursement through the recipient or subrecipient, and money management programs that meet the criteria for fund Management and accountability as proven With this element. Advance payments to a receiver or subrecipient should be restricted to the minimum amount amounts wanted and be timed with actual, speedy income needs from the recipient or subrecipient in finishing up the purpose of the authorised program or task.
Subpart E establishes principles for deciding allowable costs incurred by recipients and subrecipients less than Federal awards.
signifies the Federal company specified to execute the obligations explained in § two hundred.513(a). The cognizant agency for audit isn't always similar to the cognizant company for indirect costs.
(iv) Whenever a recipient or subrecipient establishes or converts to an acceptable actuarial Price tag strategy, as described by GAAP, and funds pension expenses in accordance with this technique, the unfunded liability at time of conversion is allowable if amortized in excess of a period of decades in accordance with GAAP.
(two) The Federal Federal government may well either disallow all oblique charges or unilaterally establish an oblique Price fee in the event the receiver fails to post a Accredited proposal for setting up a fee. This price ought to be dependent upon audited historic details or other facts furnished for the cognizant company for indirect charges and for which it may be demonstrated that each one unallowable charges have been excluded.
means the level of funds less than a Federal award the receiver or subrecipient hasn't obligated. The amount is computed by subtracting the cumulative amount of the receiver's or subrecipient's unliquidated economical obligations and expenditures underneath the Federal award from your cumulative level of funds the Federal agency or go-through entity licensed the recipient or subrecipient to obligate.
(8) Government Summary. A quick description that is definitely penned in plain language and summarizes the ambitions and targets check here of the program, the target audience, and qualified applicants. The textual content of The manager summary should not exceed five hundred words and phrases; and
submit-retirement well being Gains) are allowable from the calendar year of payment furnished the recipient or subrecipient follows a reliable costing policy.
means Value sharing specially pledged voluntarily during the proposal's funds around the Element of the recipient or subrecipient, which will become a binding requirement on the Federal award. See § 200.306.
Payment for private services contains all remuneration, paid out now or accrued, for services of staff rendered throughout the duration of performance under the Federal award, such as but not essentially restricted to wages and salaries.