System revenue is deducted from the whole allowable expenditures, lowering the overall total amount of the Federal award.
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(a) The Federal company or pass-via entity may perhaps review the complex specs of proposed procurements underneath the Federal award If your Federal agency or move-by entity believes the critique is necessary to make certain that the item or provider specified would be the one particular remaining proposed for acquisition. The receiver or subrecipient will have to submit the technological requirements of proposed procurements when requested through the Federal agency or go-through entity.
(two) The time period “direct loan obligation” usually means a binding arrangement by a Federal company to create a direct loan when specified conditions are fulfilled because of the borrower.
Irrespective of whether devices is obtained partially or its entirety beneath the Federal award, the recipient or subrecipient ought to control tools (which includes alternative equipment) making use of strategies that fulfill the subsequent prerequisites:
(ii) The recipient or subrecipient is delinquent inside of a debt to America as defined in OMB Round A-129, “Policies for Federal Credit history Plans and Non-Tax Receivables.” Under this sort of ailments, the Federal company or pass-as a result of entity may, immediately after supplying acceptable discover, withhold payments towards the recipient or subrecipient for economical obligations incurred after a specified date until eventually the circumstances are corrected or the debt is repaid for the Federal Governing administration.
if it does not make a Federal award to an applicant mainly because it decides that the applicant isn't going to meet the minimum amount qualification criteria as described in § two hundred.206(a)(2). The Federal agency ought to report that perseverance only if all of the next apply:
(one) The receiver or subrecipient will have to use gear with the project or system for which it had been acquired and for as long as necessary, whether the job or plan proceeds to become supported through the Federal award. The recipient or subrecipient need to not encumber the gear with no prior approval in the Federal company or move-by way of entity.
This can be a procurement technique utilised when disorders aren't suitable for utilizing sealed bids. This procurement process may well cause either a get more info hard and fast-price tag or Expense-reimbursement contract. They are really awarded in accordance with the next specifications:
Topic to the necessities and circumstances set forth In this particular area, title to serious home acquired or improved underneath the Federal award will vest on acquisition during the receiver or subrecipient.
(b) Conform to any limits or exclusions established forth in these concepts or in the Federal award as to sorts or level of Expense goods.
The receiver or subrecipient may perhaps assign fringe Gains to Price tag aims by figuring out certain Advantages to specific specific staff or by allocating them depending on entity-broad salaries and wages of the workers obtaining the benefits.
implies Charge sharing specially pledged voluntarily inside the proposal's budget to the A part of the receiver or subrecipient, which will become a binding need from the Federal award. See § 200.306.
(two) Are unallowable simply because they aren't allocable for the Federal award(s), have to be adjusted, or maybe a refund has to be made in accordance with the requirements of the segment. These changes or refunds are meant to proper the proposals applied to determine the prices and don't represent a reopening of the rate negotiation.