(1) Is accustomed to enter into a marriage the principal reason of which can be to transfer nearly anything of value to carry out a community intent licensed by a law of America (see 31 U.
(three) The disposal of scrap or surplus elements obtained during the effectiveness of a Federal award except in the event the recipient or subrecipient is reimbursed for disposal costs at a predetermined amount; or
A contract is for the objective of getting items and solutions for that receiver's or subrecipient's use and generates a procurement connection using a contractor. See the definition of deal
(A) Bids has to be solicited from an ample variety of certified resources, giving them with enough reaction time just before the date set for opening the bids.
(a) Recipients and subrecipients are prohibited from obligating or expending loan or grant money to:
(2) Although the devices is being used with the originally-authorized intent, the recipient or subrecipient ought to not dispose of or encumber its title or other passions with no approval on the Federal agency or pass-by entity.
(h) The Federal company should make just about every hard work to accomplish all closeout steps no afterwards than just one 12 months after the conclusion on the period of general performance. If your indirect Price fee hasn't been finalized and would hold off closeout, the Federal agency is licensed to mutually agree with the recipient to close an award making use of the current or most not too long ago negotiated rate.
(b) When establishing overall performance reporting frequency and content, the Federal agency really should take into consideration what facts will be required to evaluate the recipient's development, to establish promising practices of recipients, and Establish the evidence on which the Federal agency makes method and effectiveness decisions.
(5) A proposed contract modification adjustments the scope of a agreement or boosts the contract sum by over the simplified acquisition threshold.
This is a procurement method where bids are publicly solicited through an invitation along with a agency fixed-selling price contract (lump sum or device price tag) is awarded towards the liable bidder whose bid conforms with all the fabric terms and conditions of the invitation and it is the bottom in price tag. The sealed bids procurement method is favored for procuring building services.
(a) Where by the Federal Federal government assures or insures the repayment of money borrowed with the recipient, the Federal agency may require satisfactory bonding and insurance policies If your bonding and coverage necessities of your recipient are not considered enough to guard the desire of the Federal Federal government.
(a) Each and every State will have to expend and account to the Federal award in accordance with Point out legislation and processes for expending and accounting for the Condition's money. All receiver and subrecipient financial management programs, which include information documenting compliance with Federal statutes, rules, as well as terms and conditions of your Federal award, has to be adequate to allow the preparation of stories demanded by the conditions and terms; and tracking expenditures to establish that cash are Employed in accordance with Federal statutes, laws, as well 200 loan as terms and conditions with the Federal award. See § two hundred.450.
indicates some time interval involving the beginning and close day of a Federal award, which may incorporate a number of funds intervals.
(2) The allowability of these prices for your IHE would not rely on whether or not they are recorded inside the accounting documents with the IHE.