suggests tangible personal house (including information and facts technological know-how methods) using a helpful life of multiple 12 months in addition to a per-device acquisition Expense that equals or exceeds the lesser with the capitalization stage founded with the recipient or subrecipient for financial statement reasons, or $10,000.
The eCFR is exhibited with paragraphs split and indented to Adhere to the hierarchy in the document. This is certainly an automatic approach for person convenience only and is not meant to alter company intent or existing codification.
(b) A overall performance bond within the contractor's aspect for 100 percent on the deal value. A overall performance bond is really a bond executed in connection with a contract to safe the fulfillment of all the contractor's requirements less than a deal.
indicates an entity that gets a subaward from the move-by entity to perform Portion of a Federal award. The phrase subrecipient will not include things like a beneficiary or participant. A subrecipient may also certainly be a recipient of other Federal awards straight from a Federal agency.
(E) The receiver or subrecipient will have to doc and provide a justification for all bids it rejects.
(h) The strategy used for identifying the worth of donated products, buildings, and land for which title passes to the receiver or subrecipient may perhaps vary according to the pursuing:
(i) Be supported by a program of internal control that gives realistic assurance that the charges are exact, allowable, and appropriately allocated;
indicates a group of Federal awards both awarded under a selected program or group of courses or to a specific sort of recipient or group of recipients to which precise provisions or exceptions may use.
(5) If your receiver or subrecipient is authorized or necessary to market the assets, suitable gross sales strategies needs to be in place to guarantee the best possible return.
(nine) The Federal company or move-as a result of entity should not demand different depository accounts for resources provided on the recipient or subrecipient or set up any eligibility necessities for depositories.
signifies prices produced by a recipient or subrecipient to your project or program for which a Federal award is acquired.
(four) Another entity consisting wholly or partly of a number of international governments or foreign governmental entities.
The Business office from the Federal Register publishes documents on behalf of Federal agencies but doesn't have any authority about their applications. We endorse you specifically Speak to the agency related to the content material in query.
(one) The receiver or subrecipient need to submit performance reviews as required with the Federal award. Intervals should be no a lot less frequent than every year nor more Recurrent than quarterly besides if particular disorders are applied (See § 200.208). Studies submitted on a yearly basis from the recipient or subrecipient should be owing no later on than ninety calendar days after the reporting time period. Studies submitted quarterly or semiannually need to be thanks no afterwards than 30 calendar days after the reporting time period. Alternatively, check here the Federal agency or move-by way of entity may perhaps require yearly stories before the anniversary dates of multiple-year Federal awards.