(i) Be supported by a program of internal Handle that gives reasonable assurance that the charges are exact, allowable, and effectively allotted;
(1) The phrase “immediate loan” means a disbursement of money from the Federal Authorities to your non-Federal borrower beneath a deal that requires the repayment of this kind of funds with or with no curiosity. The expression features the purchase of, or participation in, a loan made by Yet another lender and financing arrangements that defer payment for in excess of 90 times, such as the sale of a Federal Government asset on credit conditions.
(a) The Federal company or go-via entity might evaluate the specialized specs of proposed procurements beneath the Federal award In case the Federal agency or move-via entity thinks the evaluate is needed to make certain that the product or company specified would be the 1 currently being proposed for acquisition. The recipient or subrecipient need to submit the technological specifications of proposed procurements when asked for with the Federal company or go-by way of entity.
signifies fiscal obligations incurred via the recipient or subrecipient but not paid out (liquidated) for economical experiences geared up on the cash foundation.
Except the Federal agency expressly authorizes an arrangement, a recipient or subrecipient must adhere to its published policies and procedures regarding the permissible extent of Skilled expert services which might be presented outside the house the recipient or subrecipient for non-organizational compensation.
(i) Learns that any of that data is erroneous, the Federal agency should suitable the data during the process within three business enterprise times;
(B) Major alterations from the relevant work exercise (as defined through the receiver's or subrecipient's published procedures) are instantly recognized and entered in to the records.
(two) In the time that products is applied over the project or method for which it had been acquired, the recipient or subrecipient should also make the gear available for use on other systems or projects supported because of the Federal Federal government, delivered that these use will not likely interfere With all the reason for which it absolutely was at first acquired. Very first desire for other use of the tools has to be given to other systems or jobs supported through the Federal agency check here that financed the devices.
The recipient or subrecipient is accountable for the settlement of all contractual and administrative issues arising outside of its procurement transactions. These troubles include, but usually are not limited to, resource analysis, protests, disputes, and claims. These standards don't decrease the receiver or subrecipient of any contractual responsibilities below its contracts.
All actions which take advantage of the receiver's or subrecipient's oblique Price tag, which include unallowable things to do and donated companies because of the receiver or subrecipient or 3rd functions, will acquire an suitable allocation of indirect prices.
(1) Is sensible for your products and services rendered and conforms to the set up penned coverage from the receiver or subrecipient consistently placed on the two Federal and non-Federal activities;
(ii) The go-by way of entity need to not need the use of the de minimis oblique Price level In case the subrecipient has an authorized oblique Price tag charge negotiated with the Federal Authorities.
The mixture greenback degree of the procurement transaction is greater in comparison to the micro-buy threshold but does not exceed the simplified acquisition threshold. If simplified acquisition methods are applied, price tag or price quotations should be acquired from an ample range of qualified resources.
Administrative and clerical team salaries really should Typically be treated as oblique fees. Immediate charging of these costs can be suitable only when they fulfill all of the next circumstances: