(3) The recipient or subrecipient might transfer title to your assets to the Federal Federal government or to an eligible 3rd party delivered that the receiver or subrecipient must be entitled to payment for its attributable percentage of the current honest market place price of the house.
(four) The costs assigned into a given fiscal year are funded for all program members within 6 months once the stop of that 12 months. Nonetheless, raises to ordinary and earlier company pension expenses due to a hold off in funding the actuarial legal responsibility further than thirty calendar days just after Each and every quarter from the 12 months to which these types of expenditures are assignable are unallowable.
(e) Volunteer solutions furnished by 3rd-celebration Specialist and specialized personnel, consultants, and various labor can be counted as Value sharing Should the support is necessary for This system. Premiums for 3rd-social gathering volunteer products and services need to be per People paid out for identical perform with the receiver or subrecipient.
(two) The recipient's or subrecipient's historical past of compliance With all the terms and conditions of Federal awards;
When an appraisal of authentic residence is required and obtained with the recipient or subrecipient, it must be performed by an unbiased appraiser (such as, Licensed real home appraiser or Normal Products and services Administration agent) and certified by a accountable official from the recipient or subrecipient as necessary because of the Uniform Relocation Support and Serious House Acquisition Insurance policies Act of 1970, as amended, (42 U.
means the documentation determining, accumulating, and allocating or establishing billing prices based upon the allowable charges of solutions provided by a Point out, area govt, or Indian Tribe to its departments and businesses over a centralized basis. The prices of such providers could possibly be allocated or billed to consumers.
(b) Unless expressly licensed by Federal statute, the recipient or subrecipient should not use supplies acquired While using the Federal award to offer expert services for just a cost that is certainly under a private business would charge for identical services.
If a agreement is topic to CAS, expenditures have to be allocated to that contract according to the Value Accounting Requirements, which consider priority more than the allocation provisions in this part.
signifies a gaggle of Federal awards possibly awarded less than a specific system or group of plans or to a certain style of receiver or team of recipients to which particular provisions or exceptions might apply.
(ii) Where by sabbatical depart is A part of fringe Added benefits for which a value is set for assessment like a direct charge, the combination amount of such assessments applicable to all perform in the institution during the base interval needs to be fair in relation to your IHE's true expertise below its sabbatical depart plan.
There isn't a common rule for classifying certain expenditures as direct or oblique expenditures. A price may very well be immediate for some unique support or functionality but indirect for that Federal award or other closing Expense objective.
for recipients and subrecipients signifies processes made and applied by recipients and subrecipients to supply affordable assurance regarding the accomplishment of objectives in the next groups:
signifies cost sharing exclusively pledged voluntarily within the proposal's budget to the A part of the receiver click here or subrecipient, which turns into a binding need from the Federal award. See § 200.306.
(two) The allowability of those costs with the IHE would not depend on whether or not they are recorded while in the accounting records with the IHE.