If the recipient or subrecipient retains title to your assets, it should pay out the Federal company an volume calculated by multiplying The proportion in the Federal company's contribution towards the initial purchase (and prices of any enhancements) by The present truthful sector value of the residence.
(three) The value of donated Room will have to not exceed the truthful rental worth of comparable House as founded by an unbiased appraisal of comparable Room and services in a privately-owned constructing in precisely the same locality.
signifies a kind of grant or cooperative agreement pursuant to which the Federal company or pass-via entity offers a particular volume of funding with no regard to true costs incurred beneath the Federal award.
(one) With apparent aims and objectives that provide meaningful outcomes and be in line with the Federal authorizing legislation of This system;
(b) Disallow expenditures for all or Component of the action affiliated with the noncompliance with the recipient or subrecipient.
(3) The general public exigency or unexpected emergency to the need will not likely permit a hold off resulting here from giving community detect of a aggressive solicitation;
The mixture quantity of the procurement transaction does not exceed the micro-purchase threshold described in § two hundred.1. Into the extent practicable, the recipient or subrecipient need to distribute micro-purchases equitably among the skilled suppliers.
(1) Costs to Federal awards for salaries and wages should be determined by records that correctly mirror the work done. These documents must:
Studies and results from audits executed less than subpart File or even the stories and conclusions of every other accessible audits, if applicable; and
signifies the documentation well prepared by a receiver to substantiate its ask for to determine an indirect cost amount as described in appendices III via VII and appendix IX to this aspect.
(b) Make certain that each subaward is Obviously discovered to the subrecipient like a subaward and consists of the information furnished underneath. A pass-by means of entity will have to provide the most effective offered information and facts when several of the data below is unavailable.
(i) In several partial payments. The quantity of Every single payment together with the “milestone” or party triggering the payment, should be agreed to upfront and included in the Federal award;
(iii) Contracts needs to be awarded to your accountable offeror whose proposal is most useful to your recipient or subrecipient contemplating price tag and various aspects; and
Demands for advancement and submission of oblique Charge charge proposals and price allocation options are contained in the next Appendices: