(three) The recipient or subrecipient may transfer title towards the property on the Federal Governing administration or to an qualified 3rd party offered that the receiver or subrecipient should be entitled to payment for its attributable share of the present good industry price of the home.
(two) The procurement is predicted to exceed the simplified acquisition threshold and it is to get awarded without having competition, or only one bid is predicted to generally be been given in response to a solicitation;
(2) With the Federal company or pass-by means of entity Along with the consent in the recipient or subrecipient, through which scenario The 2 functions need to concur upon the termination circumstances. These conditions incorporate the powerful date and, in the case of partial termination, the portion to be terminated;
Federal agencies may well not place limitations about the recipient or subrecipient that limit public usage of the information with the receiver or subrecipient pertinent into a Federal award, except for guarded personally identifiable facts (PII) or other sensitive data if the Federal company can demonstrate that this sort of records are going to be retained confidential and would have been exempted from disclosure pursuant to the Freedom of Information Act (5 U.S.C. 552) or managed unclassified data pursuant to Executive Purchase 13556 When the records experienced belonged to your Federal company.
Until the Federal company expressly authorizes an arrangement, a receiver or subrecipient will have to website stick to its created procedures and procedures concerning the permissible extent of Experienced expert services which might be offered outside the house the receiver or subrecipient for non-organizational payment.
(b) Individual departments typically cost Federal awards for oblique charges via an indirect cost level. A independent indirect cost amount proposal for each operating Section is normally required to declare oblique fees less than Federal awards. Oblique prices incorporate:
(3) The accounting basis (dollars or accrual) chosen for costing Every single style of leave is continually followed by the receiver or subrecipient or maybe a specified grouping of workers.
. The notification through the Federal company to the applicant should also provide a short rationalization with the resolve;
(six) Pension program charges might be computed using a spend-as-you-go method or an actuarial cost approach identified by GAAP and next the recipient's or subrecipient's founded written guidelines.
Federal companies ought to build conflict of interest guidelines for Federal awards. A recipient or subrecipient ought to disclose in crafting any prospective conflict of curiosity to your Federal company or go-through entity in accordance Together with the recognized Federal company procedures.
means an entity that receives a subaward from a move-through entity to perform Element of a Federal award. The phrase subrecipient will not involve a beneficiary or participant. A subrecipient may additionally certainly be a receiver of other Federal awards directly from a Federal company.
(one) Utilize the gear for that approved purposes on the project throughout the period of overall performance or right until the home is no more needed for your functions with the challenge.
When requesting approval for spending plan revisions, the recipient or subrecipient will have to use the exact same format for spending plan information that was used inside their software, besides Should the Federal agency has permitted another format.
(three) Restricted in scope to a number of of the next varieties of compliance needs: routines allowed or unallowed; allowable costs/Price tag rules; eligibility; and reporting.