(ii) The top obtainable interest-bearing account would not moderately be expected to make curiosity in excess of $five hundred annually on Federal cash balances;
(B) The invitation for bids should define the merchandise or expert services with specific information, which include any required requirements, to the bidder to thoroughly reply;
(1) Is fair for that services rendered and conforms to the recognized prepared policy of your recipient or subrecipient constantly applied to both of those Federal and non-Federal pursuits;
(four) The phrase “personal loan promise dedication” indicates a binding arrangement by a Federal agency to generate a personal loan ensure when specified circumstances are fulfilled with the borrower, the lender, or some other bash for the ensure arrangement.
(a) Voluntary dedicated cost sharing isn't expected less than Federal exploration grants. The Federal company might not use voluntary committed Value sharing as a factor throughout the merit evaluate of applications or proposals for Federal investigation grants Except if licensed by Federal statutes or company laws and specified in the discover of funding chance.
(3) Minimal in scope to a number of of the next sorts of compliance needs: things to do allowed or unallowed; allowable expenses/Charge principles; eligibility; and reporting.
means the (complete) price of the asset including the Price tag to Completely ready the asset for its meant use. One example is, acquisition Value for machines means The online invoice price of the equipment, including the price of any modifications, attachments, components, or auxiliary apparatus necessary to enable it to be usable with the goal for which it truly is obtained.
Incentive compensation to staff depending on Price tag reduction, efficient overall performance, recommendation awards, or basic safety awards is allowable into the extent that the general compensation is set to generally be reasonable and such expenditures are paid or accrued Based on an agreement entered into in fantastic faith in between the receiver or subrecipient and the employees ahead of the services were being rendered, or according to a longtime plan accompanied by the recipient or subrecipient so consistently concerning suggest, in effect, an arrangement to produce these types of payment.
suggests an award furnished by a go-via entity into a subrecipient for that subrecipient to add to the objectives and targets from the venture by carrying out Portion of a Federal award obtained with the move-by entity.
The recipient or subrecipient may perhaps set up a threshold higher compared to the micro-obtain threshold identified from the FAR in accordance with the necessities of the portion. The recipient or subrecipient may perhaps self-certify a threshold around $50,000 on an once-a-year basis and should sustain documentation to become built available to the Federal agency or pass-via entity and auditors in accordance with § 200.
(g) The recipient or subrecipient need to not receive or maintain any revenue resulting from Federal economical support unless explicitly approved with the conditions and terms of your Federal award.
Initiate a just one-time extension of your duration of performance by as much as twelve months Except a number of of your disorders website outlined in paragraphs (g)(two)(i) by means of (iii) of the portion utilize. Prior acceptance is just not essential if a recipient is licensed in the terms and conditions of the Federal award to initiate a a person-time extension. Having said that, the recipient will have to notify the Federal company in crafting with the supporting justification plus a revised period of performance at the least 10 calendar times before the summary in the duration of overall performance.
The recipient or subrecipient will have to, at a minimum amount, supply the equivalent insurance policies coverage for real house and equipment acquired or enhanced with Federal resources as furnished to home and devices owned from the recipient or subrecipient.
(e) Whether or not the Price represents a deviation from your recipient's or subrecipient's founded prepared insurance policies and treatments for incurring costs.