(3) Each Federal company that considers building a Federal award to the applicant for the duration of that 5-yr period of time will look at that facts in deciding the applicant's qualification to get a Federal award when the overall Federal share of a Federal award is predicted to exceed the simplified acquisition threshold around the duration of overall performance;
(a) Bonding charges come up once the Federal company involves assurance versus financial loss to itself or Other folks as a consequence of an act or default in the recipient or subrecipient.
The Federal agency must use OMB-accredited typical information collections (as an example, Investigate Overall performance Progress Reviews) when requesting efficiency reporting info. The Federal company or pass-via entity may not gather performance stories much more frequently than quarterly Until a specific issue is executed in accordance with § two hundred.208. Towards the extent practicable, the Federal company or go-by means of entity should really align the thanks dates of performance experiences and economical reviews. When reporting plan efficiency, the receiver or subrecipient will have to relate fiscal data and challenge or plan accomplishments on the general performance goals and goals with the Federal award. Also, the receiver or subrecipient ought to present Charge information and facts to show Expense-powerful methods (as an example, by unit Price tag facts) when needed through the stipulations on the Federal award.
Subparts B as a result of D set forth the uniform administrative needs for Federal economical help. This features setting up necessities for Federal agencies administration of Federal fiscal aid applications ahead of a Federal award is produced, and demands that Federal agencies may possibly impose on recipients and subrecipients all over the lifecycle of the Federal award.
(six) Other awards underneath which the receiver or subrecipient just isn't required to account for actual fees incurred.
Subpart E establishes rules for identifying allowable expenses incurred by recipients and subrecipients less than Federal awards.
if it doesn't make a Federal award to an applicant because it establishes that the applicant doesn't meet the least qualification criteria as explained in § two hundred.206(a)(2). The Federal company should report that dedication only if all of the subsequent apply:
When A part of the conditions and terms from the Federal award, the Federal agency may well permit the receiver to keep tools, or authorize a pass-as a result of entity to permit the subrecipient to retain gear, with no additional obligation on the Federal Govt unless prohibited by Federal statute or regulation.
(a) The specifications set forth During this element impacting the administration of Federal awards by Federal agencies grow to be helpful once applied by Federal companies or when any foreseeable future Modification to this element gets to be last.
Topic to the requirements and circumstances set forth In this particular part, title to actual residence obtained or enhanced underneath the Federal award will vest on acquisition in the recipient or subrecipient.
(b) Ensure that each individual subaward is Evidently discovered into the subrecipient to be a subaward and includes the data supplied underneath. A go-via entity must present the ideal available information when many of the knowledge down below is unavailable.
(B) The invitation for bids ought to outline the items or providers with unique info, which includes any necessary specifications, for that bidder to appropriately reply;
A State have to use, manage website and dispose of kit obtained underneath a Federal award in accordance with State rules and procedures. Indian Tribes need to use, regulate, and dispose of equipment acquired under a Federal award in accordance with tribal rules and techniques.
Whenever a recipient or subrecipient transfers title for the residence to the Federal company or third party designated or permitted with the Federal agency, the recipient or subrecipient is entitled being compensated an volume calculated by multiplying The share of the recipient's or subrecipient's contribution in direction of the original invest in of the actual house (and value of any enhancements) by The present reasonable industry worth of the residence.
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