(g) The recipient or subrecipient must not gain or continue to keep any financial gain resulting from Federal financial help Except if explicitly licensed through the terms and conditions of your Federal award.
An entity may perhaps concurrently get Federal awards like a receiver, a subrecipient, and also a contractor. The pass-by means of entity is answerable for building circumstance-by-situation determinations to find out whether the entity receiving Federal money is often a subrecipient or possibly a contractor. The Federal company could call for the move-through entity to comply with more direction to help make these determinations, offered this kind of advice will not conflict using this type of section. The Federal agency doesn't have a immediate lawful relationship with subrecipients or contractors of any tier; even so, the Federal agency is accountable for checking the move-through entity's oversight of initially-tier subrecipients.
(4) When buying alternative equipment, the recipient or subrecipient could both trade-in or provide the products and use the proceeds to offset the price of the alternative machines.
(1) With clear aims and goals that supply significant outcomes and become consistent with the Federal authorizing legislation of This system;
(d) The Federal agency or pass-as a result of entity must not hold off payments towards the recipient or subrecipient for costs Conference the necessities of subpart E of the portion.
(i) The worth of donated property should be established in accordance with the accounting guidelines with the receiver or subrecipient with the next skills:
(one) The only real foundation for that resolve will be the applicant's prior record of overall performance on administering Federal awards or its report of integrity and business enterprise ethics, as explained in § 200.
usually means a proper announcement of The supply of Federal funding through a monetary assistance program read more from a Federal company. The observe of funding possibility supplies info on the award, for instance that is eligible to apply, the analysis requirements for selecting a recipient or subrecipient, the required factors of the software, and the way to post the appliance.
The recipient or subrecipient is to blame for the settlement of all contractual and administrative troubles arising away from its procurement transactions. These problems involve, but will not be restricted to, resource analysis, protests, disputes, and claims. These benchmarks usually do not alleviate the recipient or subrecipient of any contractual duties less than its contracts.
(ii) Where by sabbatical go away is A part of fringe benefits for which a cost is determined for assessment as being a direct charge, the mixture amount of these assessments relevant to all get the job done of your establishment over the foundation time period should be sensible in relation for the IHE's genuine practical experience less than its sabbatical depart plan.
(b) Conform to any limits or exclusions established forth in these principles or inside the Federal award as to types or level of Price merchandise.
The costs incurred by a recipient or subrecipient to Recuperate incorrect payments, which include poor overpayments, are allowable as both immediate or oblique expenses, as proper.
generally usually means a company or entity organized for the goal of earning a income. The expression includes but is not really limited to:
Specifications for enhancement and submission of indirect Price tag amount proposals and cost allocation plans are contained in the subsequent Appendices: