(i) True severance payments for usual turnover has to be allotted to all pursuits; or, where by the recipient or subrecipient offers for a reserve for typical severances, such strategy is acceptable In case the demand to recent operations is realistic in gentle of payments manufactured for standard severances more than a representative previous period of time, and if amounts charged are allotted to all functions of the receiver or subrecipient.
Expenditures incurred or paid out by a State or community government on behalf of and in direct gain to its IHEs are allowable. These expenditures incorporate but are usually not restricted to fringe reward systems including pension prices and Federal Insurance Contributions Act (FICA) costs.
The Federal company must use OMB-accepted prevalent information collections (such as, Investigate Overall performance Development Studies) when requesting general performance reporting details. The Federal agency or move-as a result of entity might not obtain performance reports additional regularly than quarterly Except if a particular issue has long been applied in accordance with § 200.208. To your extent practicable, the Federal company or pass-by way of entity should really align the because of dates of effectiveness studies and financial reports. When reporting method efficiency, the recipient or subrecipient need to relate monetary info and challenge or software accomplishments to your performance aims and objectives on the Federal award. Also, the recipient or subrecipient must provide Charge facts to show Price tag-productive procedures (one example is, by unit Expense knowledge) when needed through the terms and conditions with the Federal award.
(1) With apparent objectives and targets that supply meaningful final results and become in line with the Federal authorizing laws of the program;
(2) Advantages both of those the Federal award and various function on the recipient or subrecipient and can be distributed in proportions Which may be approximated using affordable strategies; or
(i) The value get more info of donated property have to be determined in accordance With all the accounting policies from the receiver or subrecipient with the subsequent qualifications:
(3) The Federal agency need to give a copy of the full text of the overall stipulations if a receiver requests it.
Any Federal cash paid out into the recipient or subrecipient in extra of the quantity that the receiver or subrecipient is set being entitled to underneath the Federal award constitute a financial debt for the Federal Governing administration.
(3) A charitable organization situated in a country apart from The us which is nonprofit and tax-exempt underneath the legislation on the place the place it really is registered and isn't a College, faculty, accredited degree-granting institution of education and learning, private Basis, clinic, a corporation engaged solely in exploration or scientific actions, church, synagogue, mosque or other identical entities arranged largely for spiritual applications; or
that is covered by a disclosure exemption beneath the liberty of data Act (FOIA). When the recipient asserts within 7 calendar days towards the Federal company which posted the data that a disclosure exemption beneath FOIA covers a number of the data built publicly readily available, the Federal company that posted the data need to eliminate the putting up within seven calendar days of getting the assertion.
(2) The outcome of prior audits. This incorporates thinking about whether the subrecipient gets one Audit in accordance with subpart F plus the extent to which the same or equivalent subawards are audited as An important program;
(1) Utilize the tools for your approved purposes in the task throughout the period of overall performance or right until the property is not essential with the purposes from the challenge.
signifies Price sharing specifically pledged voluntarily from the proposal's spending plan within the Element of the recipient or subrecipient, which will become a binding necessity with the Federal award. See § 200.306.
The Federal agency or go-by entity might acknowledge the recipient's or subrecipient's bonding policy and needs for building or facility advancement contracts or subcontracts exceeding the simplified acquisition threshold.