(b) Current negotiated indirect cost rates will keep on being in position till they expire. The productive date of changes to oblique cost rates should be primarily based on the date a recently re-negotiated amount goes into result for that receiver's or subrecipient's fiscal 12 months.
(a) Bonding expenses occur once the Federal company requires assurance in opposition to economic loss to itself or Some others as a consequence of an act or default from the receiver or subrecipient.
(four) When acquiring substitution gear, the recipient or subrecipient may well both trade-in or market the machines and use the proceeds to offset the expense of the replacement tools.
(two) The Federal agency should notify OMB of any approved deviations. The recipient or subrecipient may notify OMB of any disputes with Federal organizations pertaining to the applying of the federally negotiated indirect Charge fee.
(i) An accepted oblique Price price negotiated among the subrecipient along with the Federal Govt. If no permitted amount exists, a go-by way of entity ought to ascertain the suitable charge in collaboration While using the subrecipient. The indirect Price tag charge could possibly be either:
(iii) Amounts funded via the recipient or subrecipient in excessive of your actuarially established amount of money for just a fiscal year may very well be used as the recipient's or subrecipient's contribution in potential durations.
(3) The accounting foundation (funds or accrual) picked for costing Every kind of go away is continually accompanied by the recipient or click here subrecipient or a specified grouping of workforce.
When included in the conditions and terms of the Federal award, the Federal agency could allow the recipient to retain tools, or authorize a move-as a result of entity to permit the subrecipient to retain products, without any even further obligation on the Federal Govt Except prohibited by Federal statute or regulation.
(3) Identify any added needs which the offerors have to fulfill and all other factors which will be Employed in analyzing bids or proposals.
True residence, gear, and intangible property acquired or improved While using the Federal award should be held in rely on because of the receiver or subrecipient as trustee for that beneficiaries with the task or system under which the property was acquired or enhanced.
(ii) The costs are thoroughly supported by permitted Value allocation ideas in accordance with applicable Federal Price accounting concepts; and
post-retirement well being Advantages) are allowable inside the year of payment provided that the recipient or subrecipient follows a consistent costing coverage.
(file) Towards the extent according to proven practices and lawful specifications relevant towards the receiver or subrecipient, this subpart does not prohibit recipients or subrecipients from producing created treatments for procurement transactions that include a scoring system that rewards bidders that commit to specific figures and kinds of U.S. jobs, bare minimum payment, Positive aspects, on-the-job-education for workers creating get the job done products or supplying solutions over a agreement, and other worker protections.
(4) The phrase “loan warranty commitment” signifies a binding settlement by a Federal company to create a loan assurance when specified disorders are fulfilled via the borrower, the lender, or any other get together to your guarantee agreement.