When appropriate for the procurement or use of common or shared goods and solutions, recipients and subrecipients are encouraged to enter into Point out and local intergovernmental agreements or inter-entity agreements for procurement transactions.
The receiver or subrecipient will have to retain data ample to element the heritage of each and every procurement transaction. These documents must contain the rationale with the procurement strategy, agreement kind assortment, contractor range or rejection, and The idea for the deal price tag.
(one) The recipient or subrecipient need to post performance reviews as essential via the Federal award. Intervals have to be no fewer Recurrent than every year nor far more Repeated than quarterly besides if distinct ailments are utilized (See § 200.208). Reviews submitted each year through the recipient or subrecipient should be due no afterwards than 90 calendar times after the reporting time period. Reports submitted quarterly or semiannually has to be due no later on than 30 calendar times once the reporting interval. Alternatively, the Federal company or move-by way of entity may possibly require once-a-year stories ahead of the anniversary dates of multiple-yr Federal awards.
The receiver or subrecipient and Federal company or pass-via entity have to just take steps to guard the identify of victims of against the law when usage of the target's title is important. Only beneath incredible and uncommon conditions would this kind of obtain include things like an assessment with the correct title of victims of a criminal offense.
(b) Disallow expenditures for all or Portion of the action connected with the noncompliance in the recipient or subrecipient.
(2) While the products is getting used for your at first-licensed objective, the recipient or subrecipient ought to not get rid of or encumber its title or other pursuits with no approval on the Federal agency or pass-via entity.
There aren't any prerequisites governing the disposition of system earnings gained after the finish with the period of effectiveness on the Federal award unless stipulated within the Federal company rules or the conditions and terms from the Federal award.
(b) A performance bond to the contractor's aspect for 100 percent with the contract value. A effectiveness bond is actually a bond executed in reference to a deal to secure the fulfillment of many of the contractor's specifications beneath a deal.
A convention usually means an function whose Most important function is to disseminate specialized information over and above the receiver or subrecipient and is essential and affordable for thriving functionality underneath the Federal award. Allowable meeting costs could include things like the rental of amenities, speakers' fees, attendance charges, fees of foods and refreshments, community transportation, as well as other things incidental to these kinds of conferences Until further more restricted by the stipulations from the Federal award.
Real property, products, and intangible property acquired or improved With all the Federal award have to be held in have confidence in via the recipient or subrecipient as trustee for that beneficiaries with the project or system under which the house was acquired or enhanced.
(k) For institutions of greater schooling (IHE), voluntary uncommitted Price sharing really should be dealt with in different ways from obligatory or voluntary dedicated Price tag sharing. Voluntary uncommitted cost sharing really should not be included in the organized study foundation for computing the indirect Price tag level or reflected in almost any allocation of indirect expenses.
(i) In various partial payments. The quantity of Just about every payment as well as the “milestone” or celebration triggering the payment, need to be agreed to beforehand and A part of the Federal award;
When requesting approval for price range revisions, the recipient or subrecipient ought to use the exact same format for spending budget information and facts that was made use of inside their software, other than In the event the Federal agency has authorised an alternate format.
Whenever a receiver or subrecipient transfers title towards the residence to a Federal agency or third party selected or authorised via the Federal company, the recipient or subrecipient is entitled being compensated an total calculated by multiplying The proportion in the recipient's or subrecipient's contribution toward the first obtain of check here the true assets (and price of any advancements) by The present honest sector value of the home.