signifies a cost goal which includes allocated to it equally direct and oblique expenditures and, from the recipient's or subrecipient's accumulation technique, is among the remaining accumulation points, for example a particular award, internal undertaking, or other direct action of the recipient or subrecipient. See also the definitions of Value aim
The Federal agency or go-as a result of entity may well acknowledge the receiver's or subrecipient's bonding coverage and demands for development or facility enhancement contracts or subcontracts exceeding the simplified acquisition threshold.
(iv) The receiver or subrecipient may perhaps use competitive proposal techniques for skills-dependent procurement of architectural/engineering (A/E) Expert solutions whereby the offeror's skills are evaluated, and the most competent offeror is selected, matter to negotiation of honest and affordable payment.
(2) Are unallowable mainly because they usually are not allocable for the Federal award(s), needs to be adjusted, or simply a refund has to be designed in accordance with the requirements of this portion. These changes or refunds are intended to accurate the proposals utilised to determine the rates and do not constitute a reopening of the rate negotiation.
(three) The procurement is predicted to exceed the simplified acquisition threshold and specifies a “manufacturer identify” product or service;
(h) The method useful for deciding the value of donated equipment, properties, and land for which title passes into the recipient or subrecipient may well vary in accordance with the subsequent:
(a) The Federal agency or go-by means of entity may possibly overview the specialized requirements of proposed procurements beneath the Federal award In the event the Federal agency or pass-by way of entity believes the evaluation is required to make sure that the product or company specified would be the one remaining proposed for acquisition. The receiver or subrecipient should submit the technological specifications of proposed procurements when requested through the Federal agency or go-by means of entity.
The Federal agency's or go-through entity's rights of entry aren't restricted to the demanded retention duration of this element but final providing the documents are retained. Federal companies or move-by means of entities ought to not impose some other access needs upon recipients and subrecipients.
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(i) In several partial payments. The quantity of Every single payment plus the “milestone” or occasion triggering the payment, need to be agreed to in advance and A part of the Federal award;
the Federal company is not really needed to reimburse this kind of prices When the recipient will not obtain the Federal award or When the Federal award is under expected and inadequate to protect these types of expenditures).
(two) The costs of central governmental solutions dispersed through the central support Expense allocation plan rather than otherwise addressed as direct expenses.
Whenever a recipient or subrecipient sells the residence, it will have to pay out the Federal company an quantity calculated by multiplying the percentage on the Federal company's contribution toward the initial acquire (and cost of any improvements) through the proceeds in the sale immediately after deducting any precise and reasonable bills paid to sell or repair up the home on the market.
(2) The Federal agency get more info need to notify OMB of any accepted deviations. The receiver or subrecipient may perhaps notify OMB of any disputes with Federal organizations regarding the applying of the federally negotiated indirect Price charge.