When suitable for the procurement or usage of prevalent or shared products and solutions, recipients and subrecipients are encouraged to enter into Condition and native intergovernmental agreements or inter-entity agreements for procurement transactions.
The recipient's or subrecipient's contracts should comprise the applicable provisions described in Appendix II of this section.
(three) Is necessary to the overall operation with the recipient or subrecipient and is assignable partially for the Federal award in accordance Using these Expense ideas.
(two) The expression “immediate loan obligation” usually means a binding settlement by a Federal agency to generate a direct loan when specified conditions are fulfilled because of the borrower.
(A) The technique for setting up the estimates provides reasonable approximations of the exercise performed;
A short summary of the statutory or regulatory necessities of the program and its supposed final result. In which ideal, This system description, goal, targets, and functionality measurement should align While using the strategic goals and goals throughout the Federal company's performance prepare and may help the Federal company's performance measurement, management, shopper practical experience initiatives, and reporting as needed by Element 6 of OMB Round A-eleven;
Incentive compensation to personnel determined by Price reduction, effective functionality, recommendation awards, or basic safety awards is allowable for the extent that the general compensation is decided to become fair and these types of charges are paid or accrued according to an arrangement entered into in very good faith concerning the receiver or subrecipient and the workers ahead of the providers were being rendered, or In accordance with an established system followed by the receiver or subrecipient so consistently concerning imply, in outcome, an settlement for making these payment.
(2) In the course of the time that devices is made use of around the task or application for which it had been acquired, the recipient or subrecipient need to also make the devices readily available for use on other applications or jobs supported from the Federal Authorities, furnished that these kinds of use will not likely interfere Along with the purpose for which it had been originally obtained. First desire for other use on the gear has to be presented to other packages or tasks supported by the Federal company that financed the devices.
(two) “Made merchandise” usually means things and construction products composed in complete or partially of non-ferrous metals including aluminum; plastics and polymer-based products and solutions for example polyvinyl chloride pipe; aggregates such as concrete; glass, such as optical fiber; and lumber.
(1) A penned need or assertion by among the parties to some Federal award in search of like a subject of proper:
(1) Is realistic with the providers rendered and conforms for the established composed coverage of your more info receiver or subrecipient persistently applied to both of those Federal and non-Federal activities;
for recipients and subrecipients implies processes designed and executed by recipients and subrecipients to offer realistic assurance regarding the accomplishment of targets in the following types:
Incur challenge prices 90 calendar times prior to the Federal award date. Costs incurred over 90 calendar times prior to the Federal award day have to have prior approval of the Federal company. All expenditures incurred prior to the Federal award date are at the receiver's possess hazard (
Statutory necessities may perhaps Restrict the allowability of expenses. Any expenses that exceed the most quantity allowed by statute will not be charged to the Federal award. Only the amount allowable by statute may very well be charged into the Federal award.