(a) Title to intangible property obtained below a Federal award vests upon acquisition in the recipient or subrecipient. The recipient or subrecipient have to use that intangible residence for that initially licensed goal and have to not encumber the home with no approval from the Federal company or go-by way of entity.
(4) The costs assigned to your specified fiscal year are funded for all strategy members in just 6 months after the end of that yr. On the other hand, raises to normal and previous company pension expenditures because of a hold off in funding the actuarial legal responsibility over and above thirty calendar times soon after each quarter from the 12 months to which these types of expenditures are assignable are unallowable.
means a sort of grant or cooperative settlement pursuant to which the Federal company or go-through entity offers a specific quantity of funding without regard to real costs incurred underneath the Federal award.
(four) Severance payments to international nationals employed from the recipient or subrecipient outside the house The usa, for the extent that the quantity exceeds the customary or prevailing techniques for that recipient or subrecipient in the United States, are unallowable Except They're expected by applicable international legislation or needed for the efficiency of Federal plans and permitted from the Federal agency.
(e) The quantity or proportion of unallowable fees A part of each and every year's charge is going to be assumed to be similar to the amount or proportion of unallowable fees A part of the base calendar year proposal utilized to establish the rate.
(i) The value of donated house have to be identified in accordance Along with the accounting policies of your recipient or subrecipient with the subsequent qualifications:
(1) The sole foundation for the resolve could be the applicant's prior document of overall performance on administering Federal awards or its file of integrity and small business ethics, as explained in § two hundred.
The Federal company might modify the chance assessment Anytime through the duration of overall performance, which get more info may justify alterations on the terms and conditions in the Federal award. See § 200.208.
A price is allocable to some Federal award or other cost goal if the expense is assignable to that Federal award or other Price objective in accordance Along with the relative Gains acquired. This regular is satisfied if the cost satisfies any of the subsequent criteria:
(ii) An insurance provider or trustee which will preserve a have confidence in fund or reserve for the only intent of providing submit-retirement Advantages to retirees along with other beneficiaries.
(2) The outcomes of past audits. This consists of looking at whether or not the subrecipient gets an individual Audit in accordance with subpart File plus the extent to which a similar or very similar subawards have already been audited as A serious application;
The receiver or subrecipient need to, at a minimum amount, give the equal insurance policies protection for actual house and tools obtained or enhanced with Federal funds as presented to assets and devices owned because of the receiver or subrecipient.
When requesting approval for price range revisions, the recipient or subrecipient must use the exact same format for price range details which was employed inside their application, other than When the Federal company has authorised another format.
Requirements for development and submission of oblique Charge fee proposals and value allocation ideas are contained in the subsequent Appendices: