(a) Title to intangible assets obtained below a Federal award vests upon acquisition inside the recipient or subrecipient. The receiver or subrecipient ought to use that intangible residence with the originally approved reason and should not encumber the assets without the acceptance from the Federal agency or pass-by means of entity.
When a substantial growth that would influence the Federal award happens in between functionality reporting due dates, the recipient or subrecipient must notify the Federal agency or go-by way of entity. Major developments contain events that allow Conference milestones and targets quicker or at significantly less Price tag than predicted or that generate unique advantageous final results than originally planned.
The whole price of a Federal award may be the sum of the allowable immediate and allocable oblique charges minus any relevant credits
(xii) Aid Listings title and quantity; the move-by way of entity ought to detect the dollar sum made readily available less than Every Federal award and the Support Listings Amount at some time of disbursement;
(3) IHEs may well give workers tuition waivers or reductions, provided that the benefit isn't going to discriminate in favor of very compensated personnel.
(3) The general public exigency or unexpected emergency for your need will not likely permit a hold off resulting from providing community see of a aggressive solicitation;
The Federal company or pass-by way of entity, Inspectors General, the Comptroller Standard of America, or any in their authorized representatives needs to have the right of access to any information of the recipient or subrecipient pertinent to your Federal award to perform audits, execute internet site visits, or for another official use.
(e) Any unique ailments should be instantly taken out after the circumstances that prompted them are satisfied.
signifies a bunch of Federal awards either awarded less than a selected program or group of applications or to a particular style of recipient or group of recipients to which particular provisions or exceptions could apply.
(iii) Under entire compliance With all the statistical sampling benchmarks mentioned in paragraph (five)(i) could possibly be approved from the cognizant agency for indirect expenditures if it concludes which the quantities allotted to Federal awards will probably be nominal or if it concludes which the process proposed via the recipient or subrecipient will lead to decrease prices to Federal awards than the usual program which complies With all the benchmarks.
suggests an yearly up to date authoritative source of data for auditors that identifies existing essential compliance prerequisites that the Federal Governing administration expects to become considered as Component of an audit.
Distinctive considerations in pinpointing the allowability of compensation might be provided to any improve in a receiver's or subrecipient's compensation coverage leading to a considerable increase in its workers' degree of payment (significantly once the transform was concurrent with a rise in the ratio of Federal awards to other activities) or any change while in the treatment of allowability of certain sorts of payment resulting from improvements read more in Federal plan.
means Charge sharing exclusively pledged voluntarily inside the proposal's price range around the A part of the receiver or subrecipient, which turns into a binding requirement in the Federal award. See § 200.306.
Administrative and clerical personnel salaries should normally be addressed as indirect expenditures. Direct charging of such charges could possibly be suitable only should they satisfy all of the following ailments: