(g) The receiver or subrecipient ought to not get paid or preserve any income ensuing from Federal financial guidance Except if explicitly authorized with the stipulations in the Federal award.
The recipient's or subrecipient's strategies should steer clear of the acquisition of pointless or duplicative goods. Thing to consider need to be given to consolidating or breaking out procurements to acquire a more affordable obtain.
(i) In conditions of conflict between the requirements of relevant portions of this part and also the conditions and terms in the agreement, the stipulations from the agreement as well as Much prevail.
Except the place usually approved by statute, charges have to meet up with the next requirements to get allowable below Federal awards:
definition. A computing unit is usually a provide if the acquisition Charge is beneath the lesser with the capitalization stage set up because of the receiver or subrecipient for fiscal assertion functions or $10,000, whatever the duration of its helpful daily life. See this area's definitions of computing devices
The recipient or subrecipient is responsible for deciding and documenting an acceptable micro-obtain threshold dependant on interior controls, an analysis of threat, and its documented procurement strategies. The micro-purchase threshold used by the recipient or subrecipient needs to be licensed or not prohibited underneath Point out, local, or tribal legal guidelines or regulations.
(one) The one foundation for your willpower could be the applicant's prior document of functionality on administering Federal awards or its document of integrity and business ethics, as explained in § two hundred.
(iv) Any time a recipient or subrecipient establishes or converts to an appropriate actuarial Expense process, as defined by GAAP, and cash pension costs in accordance with this process, the unfunded legal responsibility at some time of conversion is allowable if amortized around a period of decades in accordance with GAAP.
Fees for do the job carried out on Federal awards by faculty users obtaining only portion-time appointments must be established in a amount not a lot more than that regularly paid for part-time assignments.
(i) The recipient or subrecipient has didn't adjust to the conditions and terms on the Federal award; or
(four) If a receiver or subrecipient establishes or converts to an actuarial Price strategy and resources PRHP fees in accordance with this process, the initial unfunded legal responsibility attributable to prior a long time is allowable if amortized in excess of a duration of yrs in accordance with GAAP, or, if no these types of GAAP time period exists, more than a interval negotiated with the cognizant company for oblique costs.
The costs incurred by a receiver or subrecipient to Get better poor payments, such as poor website overpayments, are allowable as possibly immediate or oblique prices, as suitable.
(a) The prices consequence from money obligations which were adequately incurred by the receiver or subrecipient prior to the successful day of suspension or termination, rather than in anticipation of it; and
The receiver and subrecipient are responsible for the oversight from the Federal award. The receiver and subrecipient have to watch their activities underneath Federal awards to ensure They are really compliant with all needs and meeting general performance expectations.