(b) The prices are properly supported by accredited cost allocation ideas in accordance With all the applicable Price accounting rules of this component; and
(two) The procurement is predicted to exceed the simplified acquisition threshold and it is to generally be awarded without the need of Competitiveness, or only one bid is expected for being been given in response to some solicitation;
The total expense of a Federal award may be the sum from the allowable immediate and allocable oblique prices minus any relevant credits
(A) Bids should be solicited from an adequate number of capable sources, providing them with sufficient reaction time prior to the day established for opening the bids.
(2) Positive aspects the two the Federal award together with other work in the receiver or subrecipient and might be dispersed in proportions Which may be approximated making use of realistic procedures; or
Proceeds from the sale of true home, devices, or materials. The proceeds must be managed in accordance with the requirements from the House Standards of §§ two hundred.
indicates an entity that gets a Federal award straight from a Federal agency to execute an exercise beneath a Federal system. The term receiver isn't going to consist of subrecipients or people that are individuals or beneficiaries of your award.
suggests a Federal loan or loan promise received or administered by a recipient or subrecipient, besides as applied in this area's definition of plan revenue.
Fees for perform executed on Federal awards by school users acquiring only component-time appointments need to be established at a level not much more than that often paid for aspect-time assignments.
(a) Voluntary dedicated Value sharing isn't predicted less than Federal analysis grants. The Federal agency may well not use voluntary fully commited Price sharing as a factor in the course of the advantage review of programs or proposals for Federal exploration grants unless authorized by Federal statutes or company regulations and specified more info in the observe of funding option.
(eight) Executive Summary. A brief description that is definitely created in basic language and summarizes the goals and aims of the program, the audience, and suitable applicants. The textual content of the executive summary shouldn't exceed five hundred terms; and
The Federal agency should not permit a transfer of funds that will lead to any Federal appropriation to be used for applications besides Individuals in step with the appropriation.
When requesting approval for spending plan revisions, the recipient or subrecipient will have to use the same structure for price range information that was made use of within their software, apart from In the event the Federal agency has approved an alternate structure.
(two) Are unallowable given that they usually are not allocable towards the Federal award(s), must be modified, or perhaps a refund needs to be built in accordance with the necessities of this part. These adjustments or refunds are intended to correct the proposals applied to establish the premiums and do not constitute a reopening of the rate negotiation.