(1) The receiver or subrecipient might make use of a time-and-resources type contract only following a determination that no other agreement is suited and if the agreement includes a ceiling price tag that the contractor exceeds at its have chance.
Fees incurred or compensated by a Point out or nearby governing administration on behalf of As well as in immediate benefit to its IHEs are allowable. These charges include but are usually not limited to fringe reward programs for instance pension prices and Federal Insurance Contributions Act (FICA) expenses.
(a) The Federal company or pass-through entity might evaluation the complex technical specs of proposed procurements beneath the Federal award In the event the Federal agency or pass-via entity believes the assessment is required to ensure that the product or assistance specified could be the a single becoming proposed for acquisition. The recipient or subrecipient ought to post the specialized technical specs of proposed procurements when asked for because of the Federal company or go-by way of entity.
(two) The expression “direct loan obligation” implies a binding arrangement by a Federal agency to generate a immediate loan when specified disorders are fulfilled because of the borrower.
Payments made for expenses established to become unallowable by more info both the awarding Federal company, cognizant company for indirect expenses, or pass-via entity need to be refunded with curiosity towards the Federal Government.
(five) Implements a plan for your general public function laid out in authorizing statute, instead of giving items or solutions for the benefit of the pass-by entity.
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signifies a Federal loan or loan promise received or administered by a recipient or subrecipient, except as employed In this particular portion's definition of method income.
Identification of whether This system will problem Federal awards over a discretionary or non-discretionary foundation;
(ii) Obtains an update to that details that can be helpful to other Federal organizations, the Federal agency is strongly encouraged to amend the data while in the technique to incorporate the update in a timely way.
(b) In certain scenarios, the quantities been given from your Federal Govt to finance pursuits or support operations from the recipient or subrecipient needs to be dealt with as applicable credits.
publish-retirement well being Gains) are allowable inside the yr of payment provided which the receiver or subrecipient follows a regular costing plan.
(4) Salaries and wages of staff used in Conference Price tag sharing prerequisites on Federal awards has to be supported in the same fashion as salaries and wages claimed for reimbursement from Federal awards.
(b) For fees masking a future fiscal calendar year of your receiver or subrecipient, the unallowable prices must be faraway from the indirect cost swimming pools as well as prices have to be modified.
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