implies an entity through which greater than 50 per cent of the entity is owned or controlled directly by a father or mother Company or by A different subsidiary of a mother or father corporation.
The recipient's or subrecipient's treatments will have to avoid the acquisition of unnecessary or duplicative goods. Consideration must be specified to consolidating or breaking out procurements to get a far more cost-effective order.
The recipient or subrecipient is liable for determining an proper simplified acquisition threshold based upon interior controls, an evaluation of possibility, and its documented procurement techniques, which can be lessen than, but have to not exceed, the brink recognized in the Much.
(three) Notwithstanding the encouragement in § 200.307 to receive plan revenue, the receiver or subrecipient ought to not use equipment acquired Using the Federal award to supply solutions for your cost that is lower than A non-public business would cost for related products and services Except precisely authorized by Federal statute.
(one) The recipient or subrecipient must be paid out beforehand, furnished it maintains or demonstrates the willingness to take care of both prepared treatments that minimize time elapsing concerning the transfer of cash and disbursement through the recipient or subrecipient, and economical administration techniques that satisfy the specifications for fund Management and accountability as established During this portion. Progress payments to a receiver or subrecipient should be limited to the minimum amount amounts necessary and be timed with true, rapid money requirements of your recipient or subrecipient in finishing up the goal of the accepted plan or task.
That part of auto expenditures furnished via the recipient or subrecipient that relates to personal use by staff (like transportation to and from function) is unallowable like a fringe advantage or oblique expenses irrespective of whether the cost is documented as taxable revenue to the employees.
(3) The disengagement from a project for in excess of a few months, or a twenty five percent reduction in time and effort devoted to the Federal award above the training course from the period of overall performance, from the authorized task director or principal investigator.
The Federal agency may well modify the risk assessment at any time over the duration of efficiency, which may justify modifications towards the stipulations of the Federal award. See § two hundred.208.
(five) A proposed agreement modification variations the scope of the contract or increases the deal amount by greater than the simplified acquisition threshold.
(five) A requirement website the subrecipient allow the pass-by means of entity and auditors to entry the subrecipient's data and fiscal statements to the pass-by means of entity to satisfy its checking needs; and
(ii) The costs are appropriately supported by authorised Price tag allocation programs in accordance with relevant Federal Value accounting principles; and
(eight) A payment must not be made into a receiver or subrecipient for quantities which the recipient or subrecipient withholds from contractors to guarantee satisfactory completion of labor.
(a) The costs end result from money obligations which ended up thoroughly incurred from the receiver or subrecipient prior to the successful date of suspension or termination, and never in anticipation of it; and
Statutory requirements might Restrict the allowability of prices. Any prices that exceed the most total allowed by statute will not be charged to the Federal award. Only the quantity allowable by statute could possibly be billed to the Federal award.
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