(b) The costs are adequately supported by authorised Price allocation programs in accordance Together with the applicable Expense accounting ideas of this section; and
The next is a summary of definitions of essential phrases commonly Employed in 2 CFR aspect 200. Definitions present in Federal statutes or regulations that use to particular plans consider precedence around the following definitions.
implies, for uses of § two hundred.330 or when Utilized in connection with the acquisition or enhancement of genuine property, gear, or supplies less than a Federal award, the greenback volume that is the product or service of the:
(one) The worth of donated land and structures ought to not exceed its truthful market place benefit at time of donation on the receiver or subrecipient as proven by an independent appraiser (as an example, Qualified authentic residence appraiser or Common Products and services Administration agent) and Qualified by a responsible official of your receiver or subrecipient as demanded via the Uniform Relocation Support and Serious Residence Acquisition Guidelines Act of 1970, as amended, (42 U.
(b) Disallow charges for all or Element of the exercise connected to the noncompliance in the receiver or subrecipient.
(5) Implements a plan for a public intent specified in authorizing statute, instead of supplying items or companies for the benefit of the go-through entity.
When gear obtained less than a Federal award is not wanted for the original challenge, program, or for other activities presently or Beforehand supported by a Federal agency, the recipient or subrecipient ought to ask for disposition Guidelines through the Federal company or go-by entity if needed through the conditions and terms with the Federal award.
When it truly is expected the duration of efficiency will consist of several spending budget intervals, the Federal company should indicate that subsequent finances durations are subject to The supply of cash, software authority, satisfactory general performance, and compliance with the stipulations of your Federal award.
(vi) Aid the distribution of the employee's salary or wages amongst particular things to do or cost aims if the worker functions on multiple Federal award; a Federal award and non-Federal award; an oblique cost action in addition to a direct Value activity; two or maybe more oblique routines allotted working with different allocation bases; or an unallowable action plus a immediate or oblique Price tag action.
(e) If the receiver or subrecipient accepts a loan or grant, it is certifying that it will comply with the prohibition on coated telecommunications machines and solutions During this segment.
(2) Lengthen or renew a deal to procure or attain included telecommunications gear or providers; or
The costs incurred by a receiver or subrecipient to Recuperate incorrect payments, which includes improper overpayments, are allowable as either direct or indirect expenses, as acceptable.
normally signifies an organization or entity organized for the goal of earning a gain. The more info expression contains but is not really restricted to:
The receiver and subrecipient are to blame for the oversight with the Federal award. The recipient and subrecipient must watch their functions beneath Federal awards to make certain They are really compliant with all specifications and Conference effectiveness expectations.