(a) This segment gives rules for being utilized in establishing the allowability of certain things involved in pinpointing Expense, Besides other requirements of the subpart. These concepts implement whether a selected Expense merchandise is correctly addressed to be a direct or oblique Charge.
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(a) The Federal company or pass-by means of entity may possibly review the specialized specifications of proposed procurements underneath the Federal award When the Federal agency or move-as a result of entity thinks the critique is required to make certain that the product or provider specified may be the a person staying proposed for acquisition. The receiver or subrecipient have to post the technical specifications of proposed procurements when requested by the Federal agency or pass-via entity.
Except wherever otherwise licensed by statute, costs ought to fulfill the following requirements being allowable less than Federal awards:
(two) Has its effectiveness measured in relation to whether or not the objectives of a Federal system ended up satisfied;
(2) Though the machines is being used for that initially-approved objective, the receiver or subrecipient ought to not get rid of or encumber its title or other passions without the approval on the Federal agency or move-as a result of entity.
(three) The Federal company have to offer a copy of the entire text of the general terms and conditions if a recipient requests it.
(a) Title to materials obtained under the Federal award will vest on acquisition inside the recipient or subrecipient. When there is a get more info residual inventory of unused supplies exceeding $ten,000 in combination value at the conclusion of the period of efficiency, and also the provides are certainly not wanted for any other Federal award, the recipient or subrecipient may perhaps keep or provide the unused supplies. Unused provides means materials that happen to be in new situation, not owning been employed or opened prior to. The aggregate worth of unused provides contains all source styles, not similar to-product materials.
A cost is allocable into a Federal award or other Price tag aim if the expense is assignable to that Federal award or other Expense goal in accordance with the relative Rewards obtained. This typical is achieved if the cost satisfies any of the next requirements:
(three) The procurement is expected to exceed the simplified acquisition threshold and specifies a “model name” product or service;
(b) Make sure every subaward is clearly identified to your subrecipient like a subaward and includes the information presented down below. A move-by way of entity must present the most beneficial out there data when many of the data under is unavailable.
(ii) The move-by means of entity should not involve the usage of the de minimis indirect cost rate If your subrecipient has an authorised oblique Price tag amount negotiated Along with the Federal Government.
When sensible, the receiver or subrecipient is inspired to make use of benefit engineering clauses in contracts for development tasks of ample dimension to supply fair prospects for Value reductions.
(b) The prices of the money statement audit of the recipient or subrecipient that does not presently Have a very Federal award can be included in the indirect Price tag pool for a value allocation strategy or oblique Value proposal.