(a) Title to intangible residence obtained beneath a Federal award vests on acquisition inside the recipient or subrecipient. The receiver or subrecipient will have to use that intangible assets for the originally authorized goal and need to not encumber the property with no acceptance on the Federal agency or pass-as a result of entity.
(3) The disposal of scrap or surplus components acquired from the general performance of the Federal award except if the receiver or subrecipient is reimbursed for disposal expenditures in a predetermined sum; or
If licensed by Federal laws or the Federal award, expenditures incidental to producing plan income might be deducted from gross cash flow to determine program income, offered these fees have not been charged to the Federal award.
(three) Notwithstanding the encouragement in § two hundred.307 to gain program revenue, the receiver or subrecipient should not use products acquired Using the Federal award to offer providers for your payment that is certainly fewer than a private business would charge for identical solutions unless specially approved by Federal statute.
signifies the process by which the Federal agency or pass-via entity determines that each one relevant administrative actions and all expected get the job done of your Federal award happen to be finished and can take steps as described in § 200.344.
normally signifies an individual participating in or attending system routines underneath a Federal award, including trainings or conferences, but who is not responsible for implementation of the Federal award. Folks committing energy to the event or shipping of method activities less than a Federal award (like consultants, task staff, or workers members of a recipient or subrecipient) are not contributors.
(3) The Federal agency must offer a duplicate of the complete textual content of the overall stipulations if a recipient requests it.
as established forth in appendices III by VII, and IX of the element. The certificate should be signed on behalf on the recipient by somebody in a stage no decreased than the vice chairman or Main financial officer in the recipient that submits the proposal.
A value is allocable to the Federal award or other Price goal if the expense is assignable to that Federal award or other Price tag objective in accordance Along with the relative benefits acquired. This common is achieved if the cost satisfies any of the following requirements:
(ii) Wherever sabbatical depart is included in fringe Positive aspects for which a cost is set for assessment being a direct charge, the combination volume of these kinds of assessments applicable to all perform from the institution in the course of the base period have to be sensible in relation into the IHE's real expertise under its sabbatical go away coverage.
(ii) Pension prices calculated making use of an actuarial Price tag technique identified by GAAP are allowable for the presented fiscal calendar year if they are funded for that year in six months after the close of that 12 months. Prices funded website right after six months (or possibly a afterwards time period agreed to with the cognizant company for indirect charges) are allowable during the 12 months funded. The cognizant company for indirect fees may possibly comply with an extension if an ideal adjustment is manufactured to compensate for that timing of the costs on the Federal Federal government and relevant Federal reimbursement and also the receiver's or subrecipient's contribution on the pension fund.
(b) In administering Federal awards that are subject to some Federal statute prohibiting discrimination depending on intercourse, the Federal agency or go-by means of entity have to make sure the award is administered in a method that doesn't unlawfully discriminate determined by sexual orientation or gender identification if the statute's prohibition on intercourse discrimination encompasses discrimination determined by sexual orientation and gender identification in step with the Supreme Court's reasoning in Bostock
(a) All procurement transactions under the Federal award must be done inside a manner that gives entire and open competition and is particularly in keeping with the expectations of this part and § 200.320.
suggests prices created by a recipient or subrecipient to the job or software for which a Federal award is obtained.