(a) Title to intangible home obtained less than a Federal award vests on acquisition in the recipient or subrecipient. The receiver or subrecipient must use that intangible home to the at first licensed purpose and have to not encumber the property without the acceptance with the Federal agency or move-by entity.
Recipients and subrecipients that would not have a existing Federal negotiated oblique cost fee (together with provisional charge) may perhaps elect to cost a de minimis fee of up to fifteen per cent of modified overall immediate costs (MTDC). The receiver or subrecipient is approved to ascertain the appropriate level as many as this limit. Federal companies and pass-by means of entities might not have to have recipients and subrecipients to use a de minimis level decreased compared to the negotiated indirect Price charge or the rate elected pursuant to this subsection unless essential by Federal statute or regulation.
(1) The receiver or subrecipient must post effectiveness stories as demanded because of the Federal award. Intervals has to be no considerably less Recurrent than annually nor more Repeated than quarterly besides if particular circumstances are utilized (See § 200.208). Stories submitted every year because of the recipient or subrecipient should be due no later on than ninety calendar days once the reporting period. Studies submitted quarterly or semiannually needs to be owing no afterwards than thirty calendar times once the reporting period. Alternatively, the Federal company or pass-via entity might demand annual reports prior to the anniversary dates of numerous-yr Federal awards.
(two) The receiver's or subrecipient's history of compliance with the stipulations of Federal awards;
Besides as normally supplied by Federal statutes or perhaps the Federal company, genuine residence needs to be utilized for the originally approved objective given that it is necessary for that function. While the home is getting used for that at first licensed function, the receiver or subrecipient have to not eliminate or encumber its title or other interests except as supplied by the Federal agency.
Proceeds through the sale of actual residence, tools, or materials. The proceeds have to be handled in accordance with the requirements from the Property Criteria of §§ two hundred.
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If a deal is issue to CAS, prices have to be allocated to that contract according to the Expense Accounting Criteria, which just take priority about the allocation provisions Within this section.
A conference indicates an celebration whose Key reason should be to disseminate technological details past the recipient or subrecipient and is critical and fair for prosperous effectiveness under the Federal award. Allowable convention prices might consist of the rental of services, speakers' costs, attendance service fees, prices of foods and refreshments, regional transportation, together with other objects incidental to such conferences Except even more restricted by the conditions and terms of the Federal award.
Actual house, machines, and intangible property obtained or enhanced Along with the Federal award need to be held in have confidence in through the recipient or subrecipient as trustee for that beneficiaries in the challenge or method beneath which the property was obtained or enhanced.
There's no universal rule for classifying certain charges as direct or indirect prices. A value could be immediate for many particular service or purpose but indirect for your Federal award or check here other remaining Price tag aim.
The prior acceptance needs for the steps described in paragraph (g) of this part are quickly waived for Federal awards that assistance investigate Except if stipulated within the Federal company's laws or stipulations with the Federal award.
(four) Salaries and wages of workforce Employed in Conference Price tag sharing demands on Federal awards need to be supported in a similar fashion as salaries and wages claimed for reimbursement from Federal awards.
(d) The final economical report submitted from the receiver needs to be because of no later than 120 calendar days after the summary of your duration of functionality. A subrecipient have to submit a remaining fiscal report to a pass-by entity no later on than ninety calendar days once the conclusion of the duration of functionality.