When appropriate for the procurement or use of popular or shared goods and services, recipients and subrecipients are encouraged to enter into Condition and native intergovernmental agreements or inter-entity agreements for procurement transactions.
Any time a recipient or subrecipient sells the property, it will have to pay back the Federal company an sum calculated by multiplying The proportion with the Federal company's contribution towards the original buy (and cost of any improvements) from the proceeds with the sale following deducting any real and acceptable bills paid to offer or fix up the house for sale.
(4) Frequent servicing procedures has to be in place to ensure the home is in proper Doing the job ailment.
Federal companies may not location limitations on the receiver or subrecipient that Restrict community usage of the data from the recipient or subrecipient pertinent into a Federal award, except for guarded personally identifiable facts (PII) or other sensitive details when the Federal company can show that these records might be held confidential and would've been exempted from disclosure pursuant to the Freedom of data Act (5 U.S.C. 552) or controlled unclassified information pursuant to Govt Get 13556 In case the records experienced belonged towards the Federal company.
suggests tangible private assets (together with information and facts engineering units) using a valuable life of more than one yr plus a for every-device acquisition Charge that equals or exceeds the lesser of the capitalization stage founded because of the recipient or subrecipient for fiscal statement needs, or $ten,000.
The reasonableness and allocability of specified prices below Federal awards may very well be challenging to figure out. In order to avoid subsequent disallowance or dispute based upon unreasonableness or nonallocability, the recipient may well search for the prior composed acceptance of your Federal company (or, for indirect costs, the cognizant company for oblique fees) just before incurring the expense.
(b) The Federal company or move-by entity will have to obtain financial stories no lower than on a yearly basis. The Federal company or move-via entity may well not acquire fiscal stories much more often than quarterly unless a particular affliction is executed in accordance with § two hundred.
usually means PII (see definition On this area), aside from PII that has to be disclosed by legislation. Examples of PII incorporate, but will not be restricted to, social security variety; copyright variety; bank card numbers; clearances, financial institution figures; biometrics; date and location of start; mother's maiden identify; legal, health-related and money documents; and educational transcripts.
(h) The strategy useful for deciding the value of donated tools, structures, and land for which title passes on the receiver or subrecipient may vary according to the pursuing:
(e) If the receiver or subrecipient accepts a loan or grant, it truly is certifying that it's going to comply with the prohibition on included telecommunications equipment and expert services Within this segment.
The Federal company may notify applicants that they don't need to have to offer specific facts presently being collected by means of other usually means.
The recipient and subrecipient will here have to keep all Federal award documents for 3 yrs within the day of submission of their final monetary report. For awards which can be renewed quarterly or every year, the recipient and subrecipient should keep documents for three years through the date of submission in their quarterly or yearly economic report, respectively.
The mixture dollar amount of the procurement transaction is increased than the micro-obtain threshold but will not exceed the simplified acquisition threshold. If simplified acquisition methods are utilised, selling price or price quotations need to be received from an suitable number of capable resources.
The Federal company or pass-by means of entity may perhaps acknowledge the recipient's or subrecipient's bonding plan and needs for building or facility advancement contracts or subcontracts exceeding the simplified acquisition threshold.