(two) Make sure that the subrecipient will take corrective action on all important developments that negatively influence the subaward. Major developments include One Audit results connected to the subaward, other audit results, internet site visits, and written notifications from the subrecipient of adverse circumstances which can effect their ability to satisfy the milestones or the aims of a subaward.
(1) The time period “immediate loan” usually means a disbursement of money because of the Federal Government to your non-Federal borrower below a contract that requires the repayment of this kind of money with or without the need of curiosity. The phrase involves the purchase of, or participation in, a loan produced by A further lender and financing preparations that defer payment for over 90 days, such as the sale of a Federal Federal government asset on credit score phrases.
(5) Payments for unfunded PRHP expenditures needs to be charged in accordance Along with the allocation ideas of this subpart. Specially, the receiver or subrecipient might not demand unfunded PRHP fees straight to a Federal award if Those people unfunded PRHP expenses are certainly not allocable to that award.
indicates the Federal agency liable for reviewing, negotiating and approving Expense allocation programs or indirect Value proposals on behalf of all Federal agencies.
Except if the Federal company expressly authorizes an arrangement, a receiver or subrecipient will have to observe its created policies and processes regarding the permissible extent of Qualified solutions that could be offered outdoors the recipient or subrecipient for non-organizational compensation.
(five) Implements a method for just a community goal specified in authorizing statute, rather than supplying merchandise or services for the good thing about the go-via entity.
The combination degree of the procurement transaction won't exceed the micro-acquire threshold described in § 200.one. For the extent practicable, the receiver or subrecipient should really distribute micro-purchases equitably between experienced suppliers.
(b) Following the closeout on the Federal award, a romantic relationship established underneath the Federal award might be modified or led to full or partially. This may only be done With all the consent on the awarding Federal company or go-via entity as well as the receiver or subrecipient, presented the obligations on the recipient or subrecipient referred to in paragraph (a) of the segment, including Individuals for house administration as relevant, are thought of and provisions are made for continuing responsibilities of your recipient or subrecipient, as suitable.
(ii) The IHE establishes a dependable published definition of work protected by IBS, and that is precise ample to ascertain conclusively when get the job done outside of that degree has occurred. This definition may very well be described in appointment letters or other documentation.
usually means the documentation well prepared by a receiver to substantiate its ask for to determine an oblique cost rate as described in appendices III by VII and appendix IX to this element.
(1) Is affordable for the services rendered and conforms towards the proven composed plan with the recipient or subrecipient constantly placed on the two Federal and non-Federal activities;
signifies all basic and applied study functions and all improvement pursuits executed by a receiver or subrecipient. more info The time period study also involves functions involving the training of individuals in study procedures exactly where this sort of pursuits use a similar amenities as other exploration and advancement routines and in which these kinds of routines usually are not A part of the instruction perform.
(iii) Contracts needs to be awarded into the accountable offeror whose proposal is most beneficial for the receiver or subrecipient thinking of price tag and various aspects; and
Formal procurement procedures are expected when the worth in the procurement transaction underneath a Federal award exceeds the simplified acquisition threshold of the recipient or subrecipient. Formal procurement approaches are aggressive and involve community discover.