(ii) The most effective offered fascination-bearing account wouldn't fairly be predicted to generate desire in excess of $500 per annum on Federal cash balances;
Administrative and clerical team salaries ought to Typically be treated as oblique expenses. Immediate charging of such prices may very well be proper only when they fulfill all of the next conditions:
indicates the written approval received in advance by an authorized Formal of a Federal company or pass-via entity of specific fees or programmatic conclusions.
usually means an entity that receives a subaward from a go-through entity to carry out Element of a Federal award. The time period subrecipient doesn't contain a beneficiary or participant. A subrecipient could also be a recipient of other Federal awards straight from a Federal agency.
(E) The recipient or subrecipient ought to document and supply a justification for all bids it rejects.
(A) Bids has to be solicited from an ample variety of experienced sources, providing them with ample reaction time before the day set for opening the bids.
(5) A proposed agreement modification alterations the scope of the deal or increases the deal amount of money by in excess of the simplified acquisition threshold.
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Except as usually supplied by Federal statutes or even the Federal company, true home should be useful for the initially authorized function as long as it is necessary for that goal. While the property is getting used for the at first authorized reason, the receiver or subrecipient need to not eliminate or encumber its title or other passions apart from as supplied by the Federal agency.
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(seven) A payment withheld for failure to comply with the terms and conditions in the Federal award need to be produced into the recipient website or subrecipient on subsequent compliance. Any time a Federal award is suspended, payment changes needs to be produced in accordance with § 200.343.
Regardless of whether equipment is obtained partly or its entirety beneath the Federal award, the receiver or subrecipient ought to take care of gear (which include alternative tools) utilizing procedures that meet the following specifications:
(eight) A payment have to not be built to a recipient or subrecipient for quantities which the recipient or subrecipient withholds from contractors to assure satisfactory completion of work.