A receiver or subrecipient that has a present Federal negotiated indirect Expense level may well apply for a one-time extension of that arrangement for nearly four many years. This extension will probably be subject matter to review and approval via the cognizant company for oblique expenses. If this extension is granted, the recipient or subrecipient might not request a charge evaluation right until the extension time period ends.
(two) The procurement is predicted to exceed the simplified acquisition threshold which is to become awarded without the need of Competitors, or only one bid is expected for being been given in reaction into a solicitation;
A agreement is for the objective of getting items and companies for your recipient's or subrecipient's use and generates a procurement connection with a contractor. See the definition of deal
The Federal agency's or move-through entity's rights of access aren't restricted to the demanded retention duration of this aspect but final assuming that the information are retained. Federal companies or go-by way of entities will have to not impose another accessibility prerequisites upon recipients and subrecipients.
(e) The amount or proportion of unallowable fees included in annually's rate will be assumed to become the same as the amount or proportion of unallowable fees included in the base calendar year proposal employed to establish the speed.
(three) The public exigency or unexpected emergency for the prerequisite will likely not allow a delay ensuing from offering general public discover of the aggressive solicitation;
For recipients and subrecipients other than States, payment procedures should decrease the time elapsing in between the transfer of money in the Federal agency or even the pass-as a result of entity plus the disbursement of resources by the recipient or subrecipient regardless of whether the payment is created by Digital cash transfer or by other click here suggests.
(b) A performance bond within the contractor's portion for 100% in the contract selling price. A general performance bond is actually a bond executed in connection with a deal to secure the fulfillment of every one of the contractor's needs below a contract.
(i) Costs of leaves of absence by workers for functionality of graduate do the job or sabbatical analyze, travel, or analysis are allowable, supplied the IHE includes a uniform composed policy on sabbatical leave for individuals engaged in instruction and individuals engaged in investigation. These costs has to be allocated equitably between all linked things to do of your IHE.
(3) The procurement is predicted to exceed the simplified acquisition threshold and specifies a “brand name identify” product;
(two) The results of preceding audits. This incorporates taking into consideration if the subrecipient gets a Single Audit in accordance with subpart F and the extent to which exactly the same or very similar subawards have been audited as a major plan;
(ii) The move-by entity have to not call for the usage of the de minimis indirect Price tag amount In the event the subrecipient has an approved oblique Price amount negotiated With all the Federal Authorities.
(four) A corporation located in a rustic in addition to The us not acknowledged as a international public entity.
The recipient and subrecipient are responsible for the oversight of your Federal award. The recipient and subrecipient should keep track of their activities underneath Federal awards to ensure They're compliant with all requirements and Assembly efficiency anticipations.