(a) The recipient or subrecipient ought to perform a cost or price tag Investigation For each procurement transaction, such as contract modifications, in extra from the simplified acquisition threshold. The method and degree of analysis carried out count on the facts surrounding the particular procurement transaction.
(1) Any expenses when audits expected by The only Audit Act and subpart File of this element have not been done, or happen to be conducted although not in accordance with the requirements; and
(f) The documents for indirect cost rate computations or proposals, Price tag allocation strategies, and any very similar accounting computations of the rate at which a specific group of expenses is chargeable (for instance Pc usage chargeback costs or composite fringe profit charges) has to be retained in accordance with the relevant selection down below:
(2) When no Support Listings Number is assigned, all Federal awards in the similar company built for a similar intent has to be put together and deemed one particular plan.
(six) Payments for allowable charges have to not be withheld at any time during the period of efficiency Unless of course essential by Federal statute, laws, or in a single of the next instances:
Subpart E establishes principles for pinpointing allowable costs incurred by recipients and subrecipients less than Federal awards.
Incentive payment to personnel dependant on cost reduction, productive functionality, more info suggestion awards, or protection awards is allowable towards the extent that the general payment is determined being acceptable and these kinds of costs are compensated or accrued In keeping with an agreement entered into in very good religion amongst the recipient or subrecipient and the staff ahead of the services were rendered, or Based on an established prepare accompanied by the receiver or subrecipient so continually as to indicate, in effect, an settlement to make this sort of payment.
When included in the terms and conditions of the Federal award, the Federal company may allow the receiver to keep tools, or authorize a go-as a result of entity to allow the subrecipient to keep machines, without additional obligation to your Federal Governing administration Except prohibited by Federal statute or regulation.
(iii) The depository would have to have an average or bare minimum harmony so large that it would not be feasible With all the expected Federal and non-Federal income assets;
(four) Creating delivery schedules (for instance, The share of an buy to get shipped by a specified day of each month) that motivate participation by these organization sorts;
(b) In a few circumstances, the quantities obtained with the Federal Federal government to finance functions or support operations on the receiver or subrecipient really should be dealt with as relevant credits.
The recipient or subrecipient ought to, at a bare minimum, offer the equivalent insurance coverage for true property and products obtained or enhanced with Federal money as presented to house and machines owned through the receiver or subrecipient.
implies Value sharing specially pledged voluntarily within the proposal's finances within the Component of the recipient or subrecipient, which will become a binding need from the Federal award. See § two hundred.306.
implies costs made by a receiver or subrecipient to some undertaking or method for which a Federal award is been given.