(a) Bonding costs arise when the Federal company involves assurance from economic loss to by itself or Other people on account of an act or default with the receiver or subrecipient.
signifies a value aim that is definitely used to accumulate indirect prices or services center expenses that are subsequently allotted to one or more oblique Charge pools or closing Price tag aims. See this segment's definitions of cost aim
(one) Any prices when audits expected by The only Audit Act and subpart F of this section haven't been performed, or happen to be performed but not in accordance with the necessities; and
(two) Expenditures of speaking with the general public and press about specific things to do or achievements which result within the general performance from the Federal award (these expenditures are thought of necessary as Section of the outreach hard work to the Federal award); or
(a) Voluntary committed Price sharing just isn't anticipated less than Federal investigation grants. The Federal company might not use voluntary dedicated Price tag sharing as a factor during the advantage assessment of purposes or proposals for Federal investigation grants Except if licensed by Federal statutes or company laws and specified in the notice of funding possibility.
A short summary in the statutory or regulatory necessities of the program and its meant final result. Wherever proper, This system description, objective, plans, and functionality measurement should really align Together with the strategic objectives and aims inside the Federal agency's performance program and should help the Federal company's overall performance measurement, administration, purchaser expertise initiatives, and reporting as expected by Part 6 of OMB Circular A-eleven;
(5) A proposed agreement modification adjustments the scope of a contract or increases the deal amount of money by more than the simplified acquisition threshold.
(a) Title to materials acquired underneath the Federal award will vest on acquisition during the receiver or subrecipient. When There exists a residual inventory of unused provides exceeding $10,000 in aggregate worth at the end of the period of functionality, as well as the supplies usually are not necessary for some other Federal award, the receiver or subrecipient may perhaps keep or sell the unused materials. Unused provides indicates materials that happen to be in new problem, not possessing been utilized or opened before. The combination price of unused provides includes all provide types, not identical to-product provides.
The Federal agency should make all funding alternatives accessible for application for a minimum of 60 calendar times. Even so, the Federal agency may possibly modify the availability period of a chance as required. For example, extending the period of time could be needed to supply technological support to an applicant pool which was more info not expected when the announcement was manufactured or has much less expertise with making use of for Federal economical help.
(i) Should the recipient doesn't adjust to the requirements of this section, together with distributing all final stories, the Federal agency ought to report the recipient's product failure to comply with the stipulations of the Federal award in SAM.gov
suggests a receiver or subrecipient that provides a subaward into a subrecipient (such as lessen tier subrecipients) to carry out A part of a Federal method. The authority from the move-through entity beneath this element flows with the subaward arrangement between the pass-by way of entity and subrecipient.
Statutory needs may perhaps Restrict the allowability of expenditures. Any costs that exceed the utmost total authorized by statute is probably not charged towards the Federal award. Only the amount allowable by statute can be billed into the Federal award.
(a) The Federal company or go-via entity must shut out the Federal award when it determines that every one administrative actions and expected perform on the Federal award have been accomplished. When the recipient or subrecipient fails to finish the mandatory administrative actions or perhaps the demanded do the job for an award, the Federal agency or move-via entity ought to continue with closeout based upon the data available. This section specifies the administrative actions essential at the conclusion of the duration of efficiency.
(ii) Investigate conclusions publicly cited by a Federal agency in establishing an company motion which has the drive and outcome of regulation.