(a) This segment gives concepts to become used in setting up the allowability of sure things involved in identifying cost, As well as other necessities of this subpart. These rules apply whether a particular Charge product is appropriately taken care of as being a direct or oblique Price tag.
(three) The worth of donated Area ought to not exceed the honest rental price of equivalent space as founded by an impartial appraisal of comparable Place and amenities in a privately-owned setting up in precisely the same locality.
(one) The receiver or subrecipient will have to submit functionality reports as required with the Federal award. Intervals needs to be no significantly less Regular than yearly nor additional Regular than quarterly other than if specific conditions are used (See § 200.208). Experiences submitted on a yearly basis because of the receiver or subrecipient have to be owing no afterwards than 90 calendar times following the reporting period of time. Reviews submitted quarterly or semiannually has to be owing no afterwards than 30 calendar times after the reporting time period. Alternatively, the Federal company or pass-by way of entity may possibly require annual experiences ahead of the anniversary dates of numerous-year Federal awards.
(two) When no Support Listings Quantity is assigned, all Federal awards in the same company made for a similar objective needs to be merged and thought of just one system.
(a) Awards to states, nearby governments, and Indian Tribes will often be executed at the level of Division in the Point out, area authorities, or Indian Tribe. A central service Charge allocation system is founded to allow these Section to say a percentage of centralized support charges that happen to be incurred in proportion towards the award's functions.
The reasonableness and allocability of particular expenses underneath Federal awards may be hard to establish. To prevent subsequent disallowance or dispute based on unreasonableness or nonallocability, the receiver may well seek out the prior published approval of your Federal company (or, for indirect charges, the cognizant agency for oblique fees) right before incurring the associated fee.
indicates an award wherein the Federal company, Consistent with precise statutory authority that permits the company to workout judgment (“discretion”), selects the receiver or the quantity of Federal funding awarded via a aggressive procedure or based on benefit of proposals. A discretionary here award may very well be chosen on the non-aggressive foundation, as ideal.
(a) If the cost is normally acknowledged as common and needed for the receiver's or subrecipient's operation or the appropriate and productive general performance of the Federal award;
(2) “Made merchandise” indicates merchandise and construction materials composed in whole or partly of non-ferrous metals like aluminum; plastics and polymer-centered products and solutions like polyvinyl chloride pipe; aggregates which include concrete; glass, which includes optical fiber; and lumber.
(i) The recipient or subrecipient has didn't adjust to the terms and conditions with the Federal award; or
(ii) The costs are thoroughly supported by authorised Charge allocation options in accordance with applicable Federal Charge accounting ideas; and
The receiver or subrecipient may possibly assign fringe Positive aspects to Value goals by figuring out distinct benefits to specific unique workforce or by allocating them dependant on entity-huge salaries and wages of the staff obtaining the advantages.
(v) Payments for unfunded pension costs has to be charged in accordance Along with the allocation ideas of this subpart. Precisely, the recipient or subrecipient may not charge unfunded pension expenses directly to a Federal award if People unfunded pension expenses will not be allocable to that award.
(four) The expression “loan assurance dedication” usually means a binding agreement by a Federal agency to create a loan assure when specified disorders are fulfilled through the borrower, the lender, or almost every other celebration on the warranty agreement.