The Federal agency have to ask for the transfer of information to its custody through the receiver or subrecipient when it establishes which the data have very long-phrase retention price.
When a recipient or subrecipient sells the property, it have to pay the Federal company an sum calculated by multiplying The share with the Federal company's contribution in the direction of the original buy (and value of any enhancements) with the proceeds of your sale immediately after deducting any real and fair costs paid out to market or deal with up the house available for sale.
(3) Is essential to the general operation from the receiver or subrecipient and is also assignable partially to your Federal award in accordance Using these cost rules.
(four) Severance payments to overseas nationals employed via the recipient or subrecipient outdoors The usa, on the extent that the quantity exceeds the customary or prevailing methods for the recipient or subrecipient in the United States, are unallowable Except if They're required by relevant overseas law or essential for the effectiveness of Federal programs and permitted through the Federal company.
(e) The quantity or proportion of unallowable charges A part of each and every year's level might be assumed for being similar to the quantity or proportion of unallowable expenses A part of The bottom calendar year proposal employed to determine the speed.
A short summary of the statutory or regulatory specifications of the program and its meant outcome. The place proper, the program description, reason, goals, and performance measurement ought to align Along with the strategic targets and objectives inside the Federal agency's effectiveness prepare and will guidance the Federal company's general performance measurement, administration, customer encounter initiatives, and reporting as required by Component 6 of OMB Round A-11;
usually means an award during which the Federal agency, In step with particular statutory authority that permits the agency to physical exercise judgment (“discretion”), selects the receiver or the amount of Federal funding awarded via a competitive course of action or depending on advantage of proposals. A discretionary award could be picked on a non-competitive basis, as proper.
. The notification within the Federal agency into the applicant also needs to offer a transient rationalization to the willpower;
Identification of irrespective of whether the program will difficulty Federal awards on the discretionary or non-discretionary basis;
(four) Solve audit results specifically linked to the subaward. Even so, the pass-through entity is not really liable for resolving cross-cutting audit conclusions that use towards the subaward together with other Federal awards or subawards. If a subrecipient features a current Solitary Audit report and has not been excluded from obtaining Federal funding (meaning, hasn't been debarred or suspended), the move-through entity may well count on the subrecipient's cognizant company for audit or oversight company for audit to execute audit follow-up and make management conclusions connected with cross-slicing audit conclusions in accordance with area § two hundred.
(ii) Pension fees calculated using an actuarial Price process identified by GAAP are allowable for just a specified fiscal calendar year Should they be funded for that calendar year in 6 months once the close of that 12 months. Prices funded right after six months (or possibly a later on period of time agreed to with the cognizant company for indirect charges) are allowable from the 12 months funded. The cognizant company for oblique costs might agree to an extension if an suitable adjustment is produced to compensate for that timing of the charges to the Federal Government and related Federal reimbursement and also the receiver's or subrecipient's contribution towards the pension fund.
Payment for employees engaged in work on Federal awards will likely be sensible to your extent that it's according to that paid out for comparable work in other things to do on the receiver or subrecipient. In conditions where by the forms of staff members necessary for Federal awards are usually not present in one other pursuits from the recipient or subrecipient, payment will probably be deemed reasonable to your extent that it's similar to that more info paid out for comparable get the job done in the labor marketplace where the receiver or subrecipient competes for the kind of personnel associated.
Pension program charges incurred in accordance with the founded published guidelines from the receiver or subrecipient are allowable, offered that:
(d) The final fiscal report submitted by the receiver needs to be owing no later on than 120 calendar times once the conclusion from the period of general performance. A subrecipient will have to post a last monetary report back to a move-via entity no afterwards than ninety calendar times following the summary with the period of overall performance.