(a) Each and every Point out will have to expend and account for your Federal award in accordance with Condition rules and treatments for expending and accounting for the Point out's funds. All receiver and subrecipient economic administration programs, which includes data documenting compliance with Federal statutes, rules, plus the stipulations on the Federal award, must be sufficient to allow the preparing of stories needed from the terms and conditions; and monitoring expenditures to establish that funds have been Employed in accordance with Federal statutes, polices, as well as stipulations of the Federal award. See § 200.450.
(B) The invitation for bids need to define the objects or services with unique data, including any required technical specs, for the bidder to correctly respond;
(a) The prices end result from fiscal obligations which were being adequately incurred by the recipient or subrecipient ahead of the effective day of suspension or termination, instead of in anticipation of it; and
signifies a payment That ought to not have already been designed or which was created in an incorrect sum under statutory, contractual, administrative, or other lawfully relevant needs. The phrase inappropriate payment features: any payment to an ineligible recipient; any payment for an ineligible superior or company; any duplicate payment; any payment for an excellent or support not obtained, aside from All those payments the place authorized by law; any payment that isn't authorized by law; and any payment that does not account for credit for relevant reductions. See OMB Circular A-123 Appendix C, Necessities for Payment Integrity Improvement
(i) An accepted indirect cost amount negotiated among the subrecipient plus the Federal Authorities. If no approved price exists, a go-via entity must figure out the suitable rate in collaboration Together with the subrecipient. The oblique Price charge may very well be possibly:
This Speak to type is just for Internet site assist or website solutions. When you've got inquiries or remarks regarding a broadcast doc remember to contact the publishing company.
(six) Payments for allowable prices should not be withheld Anytime throughout the period of efficiency Unless of course essential by Federal statute, restrictions, or in one of the subsequent scenarios:
(e) Volunteer expert services furnished by third-get together Skilled and technological personnel, consultants, and various labor can be counted as Price sharing In case the services is essential for the program. Charges for 3rd-get together volunteer products and services needs to be in line with Those people paid for very similar work because of the receiver or subrecipient.
Each time a receiver or subrecipient transfers title towards the assets to some Federal company or third party designated or authorised with the Federal company, the receiver or click here subrecipient is entitled to become paid out an amount calculated by multiplying The proportion on the receiver's or subrecipient's contribution toward the first obtain of the actual assets (and value of any enhancements) by The existing reasonable sector price of the assets.
(2) Added benefits both the Federal award and other get the job done in the receiver or subrecipient and can be dispersed in proportions Which may be approximated making use of fair approaches; or
suggests a receiver or subrecipient that provides a subaward into a subrecipient (including decreased tier subrecipients) to carry out A part of a Federal application. The authority on the go-by way of entity less than this section flows in the subaward agreement involving the go-via entity and subrecipient.
Plan money is deducted from the full allowable costs, decreasing the general full volume of the Federal award.
The application can check your economic exercise to pinpoint cash you can set aside from the application’s AutoSave account, or you'll be able to established a certain timeframe to maneuver income there.
When it truly is anticipated which the period of performance will involve various budget periods, the Federal agency have to reveal that subsequent price range periods are matter to The provision of money, program authority, satisfactory general performance, and compliance While using the terms and conditions of your Federal award.