A subaward is for the objective of carrying out a portion of the Federal award and produces a Federal money support partnership with a subrecipient. See the definition of Subaward
(three) The value of donated House should not exceed the good rental price of equivalent Area as founded by an independent appraisal of equivalent Area and facilities within a privately-owned setting up in precisely the same locality.
(three) Dividing procurement transactions into different procurements to allow most participation by these business kinds;
usually means a payment that a Federal agency or move-by way of entity will make by any appropriate payment mechanism and payment process ahead of the recipient or subrecipient disburses the cash for method applications.
(nine) The Federal company or move-through entity will have to not require separate depository accounts for cash provided on the recipient or subrecipient or set up any eligibility demands for depositories.
(three) Amounts funded with the recipient or subrecipient in excess of your actuarially determined volume for any fiscal year might be employed as the receiver's or subrecipient's contribution in upcoming durations.
The combination volume of the procurement transaction will not exceed the micro-buy threshold described in § 200.one. For the extent practicable, the receiver or subrecipient need to distribute micro-buys equitably among the experienced suppliers.
If a contract is subject matter to CAS, prices needs to be allotted to that contract in accordance with the Charge Accounting Criteria, which just take precedence around the allocation provisions During this click here aspect.
The receiver or subrecipient is answerable for the settlement of all contractual and administrative problems arising out of its procurement transactions. These troubles contain, but are usually not restricted to, resource evaluation, protests, disputes, and promises. These requirements don't reduce the receiver or subrecipient of any contractual tasks less than its contracts.
Federal organizations ought to create conflict of curiosity procedures for Federal awards. A recipient or subrecipient ought to disclose in writing any potential conflict of interest to the Federal company or go-via entity in accordance Along with the set up Federal company procedures.
A price is acceptable if it does not exceed an amount of money that a prudent individual would incur under the conditions prevailing when the choice was manufactured to incur the price. In pinpointing the reasonableness of a given Price tag, thing to consider have to be offered to the next:
(d) In utilizing the prohibition underneath section 889 of Public Law 115-232, heads of executive organizations administering loan, grant, or subsidy courses must prioritize readily available funding and technological aid to assist impacted companies, institutions, and organizations as is reasonably necessary for Those people afflicted entities to transition from coated telecommunications tools or companies, to procure alternative equipment or services, and to make sure that communications services to users and shoppers is sustained.
Pension prepare costs incurred in accordance While using the recognized composed insurance policies with the recipient or subrecipient are allowable, offered that:
Compensation for private products and services consists of all remuneration, paid at the moment or accrued, for products and services of employees rendered through the period of functionality beneath the Federal award, which includes but not always limited to wages and salaries.