(3) Just about every Federal company that considers generating a Federal award to the applicant all through that 5-12 months interval will think about that details in determining the applicant's qualification to receive a Federal award when the full Federal share of a Federal award is anticipated to exceed the simplified acquisition threshold in excess of the period of overall performance;
(3) The value of donated Place ought to not exceed the fair rental worth of equivalent space as proven by an independent appraisal of comparable Area and facilities in a very privately-owned setting up in the exact same locality.
The recipient or subrecipient is answerable for figuring out an acceptable simplified acquisition threshold depending on interior controls, an analysis of chance, and its documented procurement strategies, which may be decrease than, but need to not exceed, the edge proven while in the Considerably.
implies money obligations incurred via the recipient or subrecipient but not paid out (liquidated) for monetary reports ready with a dollars basis.
(one) The recipient or subrecipient need to be paid out beforehand, provided it maintains or demonstrates the willingness to take care of equally written strategies that reduce some time elapsing between the transfer of funds and disbursement via the recipient or subrecipient, and financial administration programs that meet the requirements for fund control and accountability as proven in this aspect. Advance payments to your receiver or subrecipient have to be restricted to the least quantities essential and become timed with real, speedy income demands from the recipient or subrecipient in carrying out the goal of the approved plan or task.
(b) Unique departments normally cost Federal awards for oblique expenditures through an indirect Price tag level. A different indirect Price tag level proposal for every operating Section will likely be necessary to claim oblique costs below Federal awards. Indirect charges incorporate:
implies an award where the Federal agency, Consistent with particular statutory authority that allows the agency to workout judgment (“discretion”), selects the receiver or the amount of Federal funding awarded by way of a competitive approach or dependant on merit of proposals. A discretionary award could be picked with a non-aggressive foundation, as ideal.
If a deal is subject to CAS, expenditures must be allocated to that deal based on the Cost Accounting Specifications, which get priority in excess of the allocation provisions With this portion.
The recipient or subrecipient is to blame for the settlement of all contractual and administrative problems arising away from its procurement transactions. These issues contain, but are certainly not restricted to, resource analysis, protests, disputes, and claims. These specifications don't ease the receiver or subrecipient of any contractual obligations beneath its contracts.
The following aren't regarded method earnings Except laid out in Federal statutes, rules, or perhaps the stipulations in the Federal award:
(ii) The costs are effectively supported by accepted Value allocation designs in accordance with applicable Federal Price tag accounting concepts; and
(ii) The go-as a result of entity ought to not demand using the de minimis oblique Value price if the subrecipient has an accepted oblique Price rate negotiated Together with the Federal Governing administration.
(v) Payments for unfunded pension expenses have to be billed in accordance Along with the allocation ideas of this subpart. Specially, the receiver or subrecipient may not cost unfunded pension charges on to 200 loan a Federal award if All those unfunded pension expenses will not be allocable to that award.
The Federal agency or pass-via entity could accept the recipient's or subrecipient's bonding plan and necessities for building or facility enhancement contracts or subcontracts exceeding the simplified acquisition threshold.