The Federal agency have to request the transfer of records to its custody through the recipient or subrecipient when it decides the data possess very long-expression retention value.
(7) Written treatments for deciding the allowability of expenses in accordance with subpart E and also the conditions and terms of the Federal award.
(4) When obtaining substitution machines, the recipient or subrecipient may possibly both trade-in or market the tools and make use of the proceeds to offset the expense of the alternative machines.
(one) The recipient or subrecipient may well ask for which the Federal company or move-by entity evaluate its procurement method to determine whether or not it fulfills these specifications for its procedure being Qualified.
signifies tangible personal house (which include facts know-how units) possessing a valuable life of multiple calendar year as well as a for each-unit acquisition Expense that equals or exceeds the lesser of the capitalization degree founded by the receiver or subrecipient for economic assertion purposes, or $ten,000.
(six) Specifying merely a “brand name name” merchandise as opposed to allowing for “an equivalent” product to generally be offered and describing the efficiency or other appropriate needs on the procurement; and
suggests the action a Federal agency or pass-by entity can take to discontinue a Federal award, in full or partially, at any time ahead of the planned conclude date with the duration of performance. Termination will not consist of discontinuing a Federal award as a consequence of a scarcity of available funds.
(1) The recipient or subrecipient ought to preserve written benchmarks of conduct masking more info conflicts of interest and governing the steps of its employees engaged in the choice, award, and administration of contracts. No personnel, officer, agent, or board member with a real or obvious conflict of fascination may well be involved in the selection, award, or administration of the agreement supported through the Federal award. A conflict of desire includes when the employee, officer, agent, or board member, any member of their quick household, their companion, or a company that employs or is going to use any of your get-togethers indicated herein, includes a fiscal or other desire in or perhaps a tangible particular take advantage of an entity thought of for any contract.
(3) A charitable Corporation situated in a country apart from America which is nonprofit and tax-exempt under the laws of your place exactly where it is registered and isn't a university, college or university, accredited diploma-granting institution of instruction, personal Basis, hospital, an organization engaged completely in investigation or scientific actions, church, synagogue, mosque or other comparable entities structured mainly for spiritual functions; or
Topic to the necessities and problems established forth in this segment, title to serious house acquired or improved beneath the Federal award will vest on acquisition during the recipient or subrecipient.
indicates a payment That ought to not are actually built or which was designed in an incorrect quantity beneath statutory, contractual, administrative, or other legally relevant specifications. The time period poor payment features: any payment to an ineligible receiver; any payment for an ineligible very good or services; any copy payment; any payment for an excellent or provider not acquired, apart from These payments exactly where licensed by law; any payment that's not authorized by regulation; and any payment that doesn't account for credit history for applicable savings. See OMB Circular A-123 Appendix C, Demands for Payment Integrity Enhancement
The Federal agency have to not permit a transfer of cash that might cause any Federal appropriation for use for reasons other than those according to the appropriation.
(iv) Using agreements meant to be certain uninterrupted supply of products and services; applying agreements meant to assure Local community Added benefits; or
(1) The charges could possibly be claimed on a money or accrual basis provided that the methodology is disclosed and persistently utilized.