(b) The costs are thoroughly supported by authorized cost allocation options in accordance Using the applicable Value accounting ideas of this portion; and
(3) The disposal of scrap or surplus products obtained in the overall performance of a Federal award except if the recipient or subrecipient is reimbursed for disposal charges in a predetermined amount; or
The whole price of a Federal award would be the sum from the allowable direct and allocable indirect expenses minus any relevant credits
Apart from where by or else approved by statute, fees must meet up with the following conditions to get allowable less than Federal awards:
(6) Payments for allowable fees should not be withheld at any time over the duration of overall performance Unless of course essential by Federal statute, polices, or in a single of the next scenarios:
Proceeds from your sale of genuine assets, gear, or provides. The proceeds must be taken care of in accordance with the necessities from the Property Criteria of §§ two hundred.
(b) The Federal company or move-via entity will have to acquire economic reviews no fewer than each year. The Federal agency or go-by means of entity may not gather financial studies additional frequently than quarterly Until a certain ailment has actually been applied in accordance with § 200.
(one) A community or private Business located in a country in addition to The usa and its territories that is definitely issue for the regulations on the region through which it is located, regardless of the citizenship of job staff or area of effectiveness;
(vi) Guidance the distribution of the worker's wage or wages among the precise activities or Price targets if the employee functions on more than one Federal award; a Federal award and non-Federal award; an indirect Price exercise in addition to a direct Value action; two or more indirect functions allotted working with various allocation bases; or an unallowable action along with a direct or indirect Price activity.
(3) The procurement is expected to exceed the simplified acquisition threshold and specifies a “model identify” product or service;
means an entity that receives a subaward from the go-via entity to perform Element of a Federal award. The term subrecipient does not incorporate a beneficiary or participant. A subrecipient can also certainly be a receiver of other Federal awards directly from a Federal company.
Particular considerations in identifying the allowability of compensation will be supplied to any change inside click here of a recipient's or subrecipient's compensation policy causing a considerable increase in its staff members' degree of compensation (specifically in the event the transform was concurrent with a rise in the ratio of Federal awards to other actions) or any transform within the therapy of allowability of distinct types of payment as a result of variations in Federal plan.
(ii) The best out there interest-bearing account wouldn't reasonably be anticipated to receive curiosity in excessive of $500 every year on Federal cash balances;
means the (overall) cost of the asset such as the Price tag to All set the asset for its intended use. For example, acquisition Charge for machines indicates The online invoice cost of the equipment, such as the cost of any modifications, attachments, extras, or auxiliary apparatus important to make it usable for your intent for which it really is obtained.