(one) The receiver's or subrecipient's procurement processes or Procedure fails to comply with the procurement standards On this element;
(a) Bonding expenditures arise in the event the Federal company necessitates assurance from monetary reduction to by itself or others as a consequence of an act or default of your receiver or subrecipient.
Initiate a 1-time extension on the duration of effectiveness by as much as 12 months Unless of course a number of of your circumstances outlined in paragraphs (g)(two)(i) as a result of (iii) of the area implement. Prior acceptance will not be needed if a receiver is approved in the conditions and terms with the Federal award to initiate a one particular-time extension. Even so, the receiver need to notify the Federal company in writing with the supporting justification in addition to a revised duration of overall performance a minimum of 10 calendar times before the conclusion from the period of functionality.
The receiver or subrecipient must keep and use documented techniques for procurement transactions under a Federal award or subaward, which includes for acquisition of assets or expert services.
Other than as normally furnished by Federal statutes or even the Federal company, actual residence need to be employed for the at first licensed intent so long as it is needed for that reason. Though the assets is being used for that originally authorized purpose, the receiver or subrecipient need to not get rid of or encumber its title or other passions apart from as furnished by the Federal company.
(ii) Trade strategies, industrial information and facts, components necessary to be held private by a researcher until They may be revealed, or related data which can be shielded underneath law; and
The aggregate volume of the procurement transaction doesn't exceed the micro-acquire threshold defined click here in § two hundred.one. On the extent practicable, the recipient or subrecipient ought to distribute micro-buys equitably between experienced suppliers.
(a) Title to materials acquired underneath the Federal award will vest on acquisition within the recipient or subrecipient. When You will find a residual stock of unused provides exceeding $ten,000 in aggregate benefit at the end of the period of general performance, as well as provides will not be required for almost every other Federal award, the receiver or subrecipient could retain or provide the unused provides. Unused provides usually means supplies which have been in new situation, not obtaining been used or opened in advance of. The combination price of unused materials is made up of all offer kinds, not just like-item provides.
(h) The method employed for figuring out the worth of donated tools, properties, and land for which title passes towards the recipient or subrecipient might vary according to the adhering to:
The subsequent aren't regarded software cash flow unless laid out in Federal statutes, polices, or maybe the conditions and terms with the Federal award:
(two) Prolong or renew a agreement to acquire or obtain covered telecommunications devices or solutions; or
The prior approval needs for your steps explained in paragraph (g) of the portion are routinely waived for Federal awards that assistance study Until stipulated in the Federal agency's regulations or terms and conditions of your Federal award.
Pension plan costs incurred in accordance Along with the proven penned guidelines on the receiver or subrecipient are allowable, offered that:
(b) The prices of a economic statement audit of a recipient or subrecipient that doesn't at the moment Possess a Federal award may very well be A part of the indirect Price pool for a value allocation prepare or oblique Price tag proposal.
Comments on “Not known Factual Statements About 200 loan”