(b) The costs are appropriately supported by authorized Price allocation options in accordance Together with the applicable cost accounting ideas of this element; and
Charges incurred or paid by a Condition or community federal government on behalf of As well as in direct reward to its IHEs are allowable. These costs include things like but aren't restricted to fringe gain programs which include pension expenses and Federal Insurance policies Contributions Act (FICA) expenses.
(four) When getting substitute machines, the receiver or subrecipient may possibly trade-in or sell the machines and make use of the proceeds to offset the expense of the substitution devices.
means the Federal agency accountable for reviewing, negotiating and approving Value allocation strategies or oblique Price tag proposals on behalf of all Federal businesses.
definition. A computing product is usually a supply When the acquisition cost is underneath the lesser of the capitalization stage set up via the receiver or subrecipient for financial assertion purposes or $10,000, regardless of the length of its beneficial existence. See this segment's definitions of computing devices
(3) The public exigency or emergency with the prerequisite is not going to allow a delay ensuing from delivering public notice of the competitive solicitation;
The aggregate number of the procurement transaction doesn't exceed the micro-invest in threshold outlined in § 200.one. Into the extent practicable, the recipient or subrecipient need to distribute micro-purchases equitably among skilled suppliers.
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(b) The following sections aren't intended to be an extensive list of prospective goods of cost encountered below Federal awards. Failure to mention a selected item of Charge, like for instance in specified sections, isn't intended to suggest that it's both allowable or unallowable. When determining the allowability for an item of Price, Each individual circumstance ought to be based upon the cure supplied for similar or similar objects of Value and dependant on the principles explained in §§ two hundred.
(1) A composed desire or assertion by one of many parties to some Federal award in search of to be a make any difference of suitable:
Software cash flow is added to the total allowable expenses, escalating the overall complete volume of the Federal award.
indicates all primary and utilized research pursuits and all enhancement activities done by a recipient or subrecipient. The expression analysis also involves activities involving the coaching of people in analysis approaches where by these things to do use the exact same amenities as other research read more and growth activities and in which this kind of things to do are not included in the instruction function.
(1) The Federal agency need to set up and retain policies and techniques for conducting a hazard evaluation to evaluate the hazards posed by applicants just before issuing Federal awards. This assessment aids establish risks that could have an effect on the progression towards or even the accomplishment of the project's targets and goals. Possibility assessments assist Federal professionals in identifying suitable sources and time for you to devote to venture oversight and keep an eye on receiver progress.
(1) Expenditures unallowable below other sections of those ideas must not be allowable beneath this portion only as they represent personnel compensation.