(a) This section presents principles to become applied in creating the allowability of certain items involved in pinpointing cost, In combination with other requirements of this subpart. These concepts apply whether or not a specific Price merchandise is thoroughly taken care of as a direct or oblique Value.
The receiver's or subrecipient's procedures ought to steer clear of the acquisition of unnecessary or duplicative objects. Thing to consider ought to be presented to consolidating or breaking out procurements to acquire a far more inexpensive invest in.
(i) In situations of conflict among the necessities of relevant portions of the section and also the stipulations with the agreement, the terms and conditions from the deal plus the FAR prevail.
(i) When a receiver or subrecipient works by using the cash basis of accounting, the expense of go away is recognized inside the time period the leave is taken and paid out for.
(a) Awards to states, regional governments, and Indian Tribes tend to be implemented at the extent of Office in the State, area governing administration, or Indian Tribe. A central services Charge allocation strategy is proven to permit such Section to claim a portion of centralized services fees which are incurred in proportion towards the award's actions.
(six) Specifying merely a “brand name” item rather than allowing for “an equivalent” product to become made available and describing the efficiency or other pertinent demands from the procurement; and
(one) The only basis to the resolve could be the applicant's prior history of overall performance on administering Federal awards or its document of integrity and small business ethics, as described in § 200.
(4) The procurement is predicted to exceed the simplified acquisition threshold, plus a sealed bid procurement would be to be awarded to an click here entity in addition to the obvious small bidder; or
(4) At the conclusion of a hard and fast sum award, the recipient or subrecipient should certify in producing towards the Federal agency or go-by entity that the task was done as agreed to within the Federal award, or establish All those actions that were not accomplished, and that all expenditures have been incurred in accordance with § two hundred.403. When the expected actions were not performed, which includes fastened amount of money awards paid with a device cost basis below 200.
(eleven) The recipient or subrecipient should keep progress payments of Federal cash in interest-bearing accounts Except considered one of the following applies:
The Federal company may possibly advise applicants that they do not have to have to deliver specified info by now getting gathered by means of other means.
(5) Severance payments to overseas nationals employed through the receiver or subrecipient outside the house the United States due to the termination with the overseas national because of the closing of, or curtailment of pursuits by, the receiver or subrecipient in that place, are unallowable Except These are possibly:
When useful, the recipient or subrecipient is encouraged to utilize benefit engineering clauses in contracts for development initiatives of ample dimensions to supply acceptable prospects for Charge reductions.
(2) The allowability of such costs for your IHE won't depend upon whether they are recorded from the accounting information of the IHE.