(one) Is accustomed to enter into a marriage the principal reason of and that is to transfer anything of worth to execute a public function licensed by a legislation of The usa (see 31 U.
(a) Bonding prices arise if the Federal agency needs assurance against money reduction to alone or Other people because of an act or default on the recipient or subrecipient.
(four) When acquiring substitution devices, the receiver or subrecipient may possibly trade-in or sell the tools and make use of the proceeds to offset the cost of the substitute gear.
indicates a payment that a Federal agency or go-by means of entity tends to make by any proper payment mechanism and payment system ahead of the receiver or subrecipient disburses the resources for system needs.
(6) Payments for allowable expenditures need to not be withheld at any time through the period of performance Except needed by Federal statute, laws, or in a single of the subsequent situations:
A brief summary in the statutory or regulatory prerequisites of the program and its supposed consequence. In which ideal, This system description, reason, goals, and effectiveness measurement should really align With all the strategic aims and targets in the Federal company's efficiency strategy and may assistance the Federal agency's general performance measurement, management, client practical experience initiatives, and reporting as needed by Element six of OMB Circular A-11;
The aggregate amount of the procurement transaction does not exceed the micro-purchase threshold outlined in § 200.one. For the extent practicable, the receiver or subrecipient ought to distribute micro-buys equitably amongst experienced suppliers.
(iv) Any time a recipient or subrecipient establishes or converts to an appropriate actuarial Price read more method, as outlined by GAAP, and resources pension expenses in accordance with this technique, the unfunded legal responsibility at the time of conversion is allowable if amortized about a period of a long time in accordance with GAAP.
(5) A proposed deal modification modifications the scope of a deal or improves the deal volume by in excess of the simplified acquisition threshold.
The following usually are not regarded as software cash flow Until specified in Federal statutes, polices, or maybe the conditions and terms with the Federal award:
Estimates based upon prior 12 months funding are appropriate if latest appropriations usually are not readily available at enough time of the submission;
(b) In administering Federal awards which can be topic to your Federal statute prohibiting discrimination based on sex, the Federal company or go-by entity will have to ensure that the award is administered in a method that does not unlawfully discriminate according to sexual orientation or gender id Should the statute's prohibition on sexual intercourse discrimination encompasses discrimination based upon sexual orientation and gender identification consistent with the Supreme Courtroom's reasoning in Bostock
When functional, the recipient or subrecipient is encouraged to utilize worth engineering clauses in contracts for building tasks of ample dimensions to offer realistic prospects for Price tag reductions.
(two) Are unallowable since they are not allocable to your Federal award(s), has to be altered, or even a refund must be manufactured in accordance with the requirements of this portion. These changes or refunds are intended to correct the proposals utilised to establish the costs and don't represent a reopening of the rate negotiation.