When appropriate for the procurement or use of common or shared products and expert services, recipients and subrecipients are encouraged to enter into State and local intergovernmental agreements or inter-entity agreements for procurement transactions.
(b) The prices would be allowable In case the Federal award was not suspended or expired Ordinarily at the conclusion of the period of performance during which the termination takes result.
(three) Dividing procurement transactions into independent procurements to permit greatest participation by these company styles;
(d) The recipient or subrecipient need to have penned treatments for procurement transactions. These processes ought to be certain that all solicitations:
(b) Disallow prices for all or Component of the exercise connected with the noncompliance with the recipient or subrecipient.
(ii) Measuring The prices of abnormal or mass severance fork out via an accrual approach will not likely realize equity for both equally functions. Hence, accruals usually are not allowable.
(1) The only foundation for the resolve will be the applicant's prior document of general performance on administering Federal awards or its record of integrity and business enterprise ethics, as explained in § two hundred.
(1) Expenses to Federal awards for salaries and wages have to be depending on documents that accurately replicate the get the job done carried out. These data will have to:
(h) The strategy used for pinpointing the value of donated devices, structures, and land for which title passes into the receiver or subrecipient may well vary according to the next:
(ii) Obtains an update to that information that may be useful to other Federal companies, the Federal company is strongly encouraged to amend the knowledge inside the process to include the update in a very timely way.
The applicant's report of managing preceding and present Federal awards, such as compliance with reporting demands and conformance to your terms and conditions of Federal awards, if relevant;
The prices incurred get more info by a recipient or subrecipient to Get better inappropriate payments, which include improper overpayments, are allowable as possibly immediate or indirect fees, as correct.
(1) The Federal agency ought to build and keep procedures and strategies for conducting a danger assessment to evaluate the dangers posed by applicants prior to issuing Federal awards. This assessment will help discover challenges that could influence the progression towards or perhaps the achievement of a venture's ambitions and goals. Threat assessments support Federal managers in figuring out appropriate methods and time and energy to commit to task oversight and monitor receiver progress.
usually means the (overall) expense of the asset including the Price to Completely ready the asset for its intended use. For instance, acquisition Price tag for devices indicates The online invoice price of the products, including the price of any modifications, attachments, extras, or auxiliary equipment needed to allow it to be usable for that function for which it is acquired.