The Federal agency may well modify the chance assessment at any time during the duration of effectiveness, which may justify alterations into the stipulations in the Federal award. See § 200.208.
Administrative and clerical employees salaries really should Usually be taken care of as indirect prices. Immediate charging of such charges may very well be correct only whenever they satisfy all of the following ailments:
suggests the prepared acceptance received beforehand by a licensed official of the Federal company or go-as a result of entity of particular prices or programmatic selections.
means PII (see definition With this portion), except for PII that need to be disclosed by regulation. Samples of PII include, but usually are not limited to, social safety selection; copyright quantity; charge card numbers; clearances, bank quantities; biometrics; day and position of start; mother's maiden name; criminal, health-related and money data; and educational transcripts.
usually means someone procurement transaction for materials or solutions, the combination volume of which does not exceed the micro-invest in threshold. Micro-purchases comprise a subset of a receiver's or subrecipient's modest buys applying informal procurement solutions as set forth in § 200.320.
A brief summary of your statutory or regulatory prerequisites of the program and its meant end result. Exactly where acceptable, the program description, reason, goals, and functionality measurement ought to align with the strategic goals and objectives in the Federal company's overall performance prepare and may assist the Federal agency's functionality measurement, administration, consumer expertise initiatives, and reporting as necessary by Section six of OMB Round A-eleven;
It is not usually doable to specify the kinds of charges Which may be categorised as oblique charges for nonprofit businesses due to the diversity in their accounting techniques. The Affiliation of a price using a Federal award is the pinpointing Consider distinguishing direct from oblique expenditures.
implies an award during which the Federal agency, in keeping with particular statutory authority that permits the company to exercise judgment (“discretion”), selects the receiver or the quantity of Federal funding awarded through a aggressive course of action or based upon benefit of proposals. A discretionary award might be chosen on a non-aggressive basis, as appropriate.
suggests, for functions of § 200.330 or when Utilized in connection with the acquisition or advancement of genuine house, devices, or provides beneath a Federal award, the dollar total that's the product here or service on the:
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Payments created for expenses identified for being unallowable by either the awarding Federal agency, cognizant company for oblique charges, or pass-by entity have to be refunded with fascination to the Federal Governing administration.
Until prohibited by Federal statute, the Federal company will have to style and design and execute a benefit review means of programs for discretionary Federal awards. The target of a merit review system is to pick recipients probably to achieve success in offering outcomes dependant on the program aims as outlined in segment § 200.202. A benefit critique is surely an goal process of assessing Federal award purposes in accordance With all the penned standards in the Federal company.
implies the Federal company specified to carry out the tasks explained in § 200.513(a). The cognizant company for audit is not automatically the same as the cognizant company for indirect expenses.
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