(i) Be supported by a method of internal Manage that gives sensible assurance that the costs are accurate, allowable, and correctly allocated;
(four) Some other entity consisting wholly or partly of one or more international governments or international governmental entities.
(3) Is necessary to the overall operation from the recipient or subrecipient and is also assignable partly to the Federal award in accordance with these Value ideas.
(one) With clear aims and goals that give meaningful effects and become in line with the Federal authorizing laws of the program;
Other than as if not furnished by Federal statutes or maybe the Federal company, real property have to be useful for the at first approved intent assuming that it is needed for that purpose. When the property is getting used for that at first licensed reason, the receiver or subrecipient should not dispose of or encumber its title or other pursuits apart from as furnished by the Federal agency.
(six) Specifying only a “brand name” merchandise as an alternative to allowing for “an equal” product or service to get made available and describing the effectiveness or other suitable needs on the procurement; and
if it does not create a Federal award to an applicant mainly because it establishes that the applicant won't satisfy the minimum qualification standards as described in § two hundred.206(a)(2). The Federal agency need to report that resolve provided that all of the following use:
(b) A performance bond on the contractor's portion for 100% in the agreement cost. A general performance bond is a bond executed in connection with a agreement to secure the fulfillment of all the contractor's specifications under a contract.
Experiences and results from audits carried out below subpart File or perhaps the reports and conclusions of another available audits, if relevant; and
(four) Establishing delivery schedules (for instance, The proportion of the purchase to get sent by a supplied day of each month) that encourage participation by these company varieties;
means an entity that receives a subaward from the pass-as a result of entity to carry out Section of a Federal award. The time period subrecipient doesn't include things like a beneficiary or participant. A subrecipient may also be considered a recipient of other more info Federal awards directly from a Federal agency.
Some nonprofit organizations, because of their dimension and nature of operations, may be looked upon as just like for-revenue corporations in terms of the applicability of cost principles. These nonprofit corporations need to function below Federal Charge rules that use to for-earnings businesses Situated at 48 CFR 31.
When requesting acceptance for budget revisions, the receiver or subrecipient should use the same format for funds information and facts which was utilised inside their software, except If your Federal company has accredited an alternative format.
Direct prices are those prices that can be discovered exclusively with a particular closing Price aim, like a Federal award, or other internally or externally funded exercise, or that may be right assigned to this kind of functions comparatively conveniently using a superior degree of precision.