(one) Is utilized to enter into a romance the principal function of which can be to transfer anything of worth to carry out a community goal authorized by a regulation of America (see 31 U.
(a) Bonding costs crop up once the Federal company involves assurance against financial loss to itself or Many others due to an act or default from the receiver or subrecipient.
The recipient or subrecipient is answerable for determining an ideal simplified acquisition threshold based on interior controls, an evaluation of danger, and its documented procurement processes, which may be lessen than, but ought to not exceed, the brink founded during the Considerably.
(one) The worth of donated land and structures must not exceed its truthful current market price at the time of donation on the receiver or subrecipient as set up by an unbiased appraiser (for instance, Licensed actual property appraiser or Standard Solutions Administration representative) and certified by a responsible Formal from the recipient or subrecipient as essential with the Uniform Relocation Aid and Actual House Acquisition Policies Act of 1970, as amended, (42 U.
(2) The prices of central governmental products and services distributed through the central support Value allocation system and not if not addressed as immediate costs.
(i) The worth of donated property needs to be determined in accordance with the accounting policies on the receiver or subrecipient with the following qualifications:
(2) Is distinguished from the cooperative arrangement in that it does not give for considerable involvement of your Federal company in carrying out the activity contemplated through the Federal award.
(one) A community or personal Corporation situated in a rustic besides America and its territories that may be topic to your guidelines of the place where it is situated, regardless of the citizenship of challenge employees or spot of general performance;
means a gaggle of Federal awards both awarded underneath a selected program or team of systems or to a specific sort of recipient or group of recipients to which specific provisions or exceptions may perhaps utilize.
(e) If the receiver or subrecipient accepts a loan or grant, it truly is certifying that it'll adjust to the prohibition on coated telecommunications products and products and services In this particular part.
(one) Severance pay, also commonly generally known as dismissal wages, is usually a payment in addition to regular salaries and wages, by recipients and subrecipients to personnel whose work is remaining terminated. Severance pay out is allowable only for the extent that, in Each and every case, it is necessary by:
(1) A proposal to ascertain a value allocation system or an indirect Price tag amount, no matter whether submitted into a Federal cognizant company for oblique costs or managed on file with the receiver, have to be Accredited via the recipient using the Certification of Cost Allocation Plan
The aggregate greenback quantity of the procurement transaction is better compared to micro-invest in threshold but would not exceed the simplified acquisition threshold. If simplified acquisition strategies are utilized, price tag or amount quotations must be obtained from an sufficient variety of certified sources.
(d) The final fiscal report submitted through the receiver needs to be thanks no afterwards than a hundred and twenty calendar times following the summary with the duration of functionality. A subrecipient have to post a ultimate money report to a move-by means of entity no afterwards than get more info 90 calendar times once the conclusion in the period of functionality.