(seven) A payment withheld for failure to adjust to the conditions and terms on the Federal award needs to be unveiled to the recipient or subrecipient on subsequent compliance. Any time a Federal award is suspended, payment adjustments must be created in accordance with § 200.343.
Whenever a receiver or subrecipient sells the property, it must pay out the Federal company an volume calculated by multiplying The proportion of the Federal agency's contribution towards the initial purchase (and cost of any improvements) with the proceeds with the sale immediately after deducting any real and acceptable charges compensated to market or repair up the assets for sale.
(3) Prices incurred in severance shell out deals which might be in excess in the common severance spend provided by the recipient or subrecipient to an personnel upon termination of employment and which can be paid out to the worker contingent upon a transform in management Command over, or ownership of, the recipient's or subrecipient's property, are unallowable.
The recipient or subrecipient and Federal agency or pass-by means of entity will have to get measures to shield the name of victims of a crime when entry to the sufferer's name is critical. Only less than amazing and scarce circumstances would this kind of accessibility include things like a review of the correct title of victims of a crime.
(3) IHEs may offer staff tuition waivers or reductions, furnished that the profit doesn't discriminate in favor of hugely compensated workforce.
usually means the entity that owns or controls an immediate proprietor of the applicant or that owns or controls a number of entities that Handle a right away proprietor of the applicant.
The Federal agency or pass-via entity, Inspectors Standard, the Comptroller Standard of America, or any of their approved Associates have to have the right of entry to any documents of the receiver or subrecipient pertinent on the Federal award to carry out audits, execute site visits, or for every other Formal use.
(e) The recipient or subrecipient should be certain that all prequalified lists of folks, corporations, or products and solutions used in procurement transactions are recent and consist of enough skilled sources to be sure maximum open up Opposition.
Identification of whether or not the program will issue Federal awards with a discretionary or non-discretionary foundation;
(b) Prices or price ranges dependant on believed prices for contracts underneath the Federal award are allowable only into the extent that The prices incurred or Price tag estimates included in negotiated charges would be allowable for the receiver or subrecipient below subpart E of this part.
(one) Tangible or intangible assets used in operations possessing a beneficial life of more than one 12 months which happen to be capitalized in accordance with GAAP. Cash belongings involve:
The prices incurred by a recipient or subrecipient to Recuperate incorrect payments, which include poor overpayments, are allowable as possibly immediate or oblique charges, as correct.
(v) Payments for unfunded pension expenditures must be charged in accordance Using the allocation concepts of this subpart. Specially, the receiver or subrecipient might not cost unfunded pension expenditures straight to a Federal award if Those people unfunded pension prices will not be allocable to that award.
(1) read more Fringe Added benefits in the form of undergraduate and graduate tuition or tuition remission for specific workforce are allowable, delivered such Added benefits are granted in accordance with set up composed policies on the IHE and are distributed to all IHE activities on an equitable foundation. Tuition Rewards for loved ones in addition to the worker are unallowable.