(a) The recipient or subrecipient should carry out a value or selling price Investigation For each procurement transaction, which include deal modifications, in extra with the simplified acquisition threshold. The tactic and degree of research performed rely upon the specifics bordering the particular procurement transaction.
Recipients and subrecipients that do not have a present-day Federal negotiated indirect Price tag price (including provisional level) might elect to demand a de minimis rate of up to fifteen per cent of modified whole immediate expenses (MTDC). The receiver or subrecipient is approved to determine the suitable price approximately this limit. Federal organizations and pass-by way of entities might not need recipients and subrecipients to implement a de minimis amount reduced as opposed to negotiated oblique Value charge or the speed elected pursuant to this subsection Unless of course demanded by Federal statute or regulation.
When conducting procurement transactions underneath a Federal award, a Point out or Indian Tribe have to follow the identical insurance policies and treatments it takes advantage of for procurements with non-Federal resources. If such procedures and strategies don't exist, States and Indian Tribes have to Adhere to the procurement criteria in §§ two hundred.
(four) Severance payments to foreign nationals utilized with the receiver or subrecipient outside America, towards the extent that the quantity exceeds the customary or prevailing practices for the recipient or subrecipient in the United States, are unallowable Unless of course These are demanded by relevant overseas law or essential for the efficiency of Federal systems and authorized via the Federal company.
(3) IHEs could present staff tuition waivers or reductions, presented that the profit will not discriminate in favor of extremely compensated workforce.
(ii) The receiver or subrecipient is delinquent inside a personal debt to America as outlined in OMB Circular A-129, “Insurance policies for Federal Credit Systems and Non-Tax Receivables.” Beneath this kind of conditions, the Federal company or move-as a result of entity may well, just after giving sensible detect, withhold payments on the receiver or subrecipient for financial obligations incurred after a specified day till the ailments are corrected or maybe the credit card debt is repaid to the Federal Govt.
usually means an entity that receives a Federal award straight from a Federal company to carry out an activity underneath a Federal software. The phrase receiver will not incorporate subrecipients or people today which might be contributors or beneficiaries on the award.
(one) A community or non-public Firm located in a rustic other than America and its territories that is certainly matter towards the legislation with the place in which it is situated, irrespective of the citizenship of venture workers or spot of effectiveness;
(ii) Costs for training pursuits executed by faculty users on Federal awards throughout durations not included in IBS time period should be based on the prepared coverage with the IHE governing payment to college associates for educating assignments all through these periods.
(1) A published demand from customers or assertion by one of many functions into a Federal award trying to get as being a issue of suitable:
You will find a few different types of procurement solutions explained On this section: informal procurement methods (for micro-buys and simplified acquisitions); formal procurement techniques (through sealed bids or proposals); and noncompetitive procurement get more info procedures.
The recipient or subrecipient is inspired to make revenue to defray program fees when ideal. Plan cash flow need to be utilized for the initial reason of the Federal award. Method money acquired through the duration of efficiency may perhaps only be useful for costs incurred over the duration of effectiveness or allowable closeout fees.
implies some time interval between the beginning and stop day of a Federal award, which can consist of one or more budget intervals.
usually means prices created by a receiver or subrecipient to the project or method for which a Federal award is gained.