In the event the receiver or subrecipient retains title to the assets, it will have to pay the Federal company an volume calculated by multiplying The proportion in the Federal company's contribution toward the first invest in (and expenditures of any improvements) by The existing good sector worth of the residence.
The recipient's or subrecipient's contracts ought to include the relevant provisions described in Appendix II of this section.
The Federal company ought to use OMB-authorised widespread data collections (one example is, Exploration Overall performance Progress Reports) when requesting general performance reporting information. The Federal agency or go-through entity may well not gather functionality reports far more regularly than quarterly Except a specific issue has become carried out in accordance with § 200.208. Towards the extent practicable, the Federal agency or pass-as a result of entity really should align the thanks dates of functionality reviews and fiscal experiences. When reporting method functionality, the receiver or subrecipient should relate financial information and project or application accomplishments into the effectiveness aims and aims from the Federal award. Also, the receiver or subrecipient will have to deliver Value data to show Charge-helpful tactics (one example is, via device Price knowledge) when essential because of the terms and conditions of your Federal award.
(2) When no Aid Listings Selection is assigned, all Federal awards from the exact agency designed for a similar function must be blended and deemed just one application.
(three) IHEs might provide employees tuition waivers or reductions, presented the benefit will not discriminate in favor of very compensated staff members.
(three) Amounts funded with the recipient or subrecipient in extra with the actuarially decided amount of money for a fiscal yr could be utilised as being the receiver's or subrecipient's contribution in long run periods.
(b) Except expressly licensed by Federal statute, the receiver or subrecipient will have to not use supplies acquired While using the Federal award to offer products and services for just a payment which is under a private organization would demand for identical companies.
(2) In the time that equipment is employed to the project or system for which it was acquired, the recipient or subrecipient ought to also make the tools obtainable for use on other applications or jobs supported from the Federal Govt, provided click here that this sort of use will likely not interfere Along with the purpose for which it was initially obtained. 1st choice for other use on the gear needs to be given to other applications or projects supported with the Federal company that financed the devices.
(2) “Produced products and solutions” signifies products and development resources composed in total or partly of non-ferrous metals for example aluminum; plastics and polymer-primarily based goods for example polyvinyl chloride pipe; aggregates including concrete; glass, including optical fiber; and lumber.
The subsequent are usually not regarded method profits Except if specified in Federal statutes, laws, or perhaps the stipulations on the Federal award:
The Federal agency might waive any general performance report that's not necessary to ensure the plans and objectives in the Federal award are increasingly being obtained.
(1) A proposal to ascertain a value allocation approach or an indirect Price charge, irrespective of whether submitted to a Federal cognizant agency for indirect charges or preserved on file through the recipient, have to be Licensed with the recipient using the Certification of Value Allocation Prepare
Added provider pay generally signifies overload compensation, topic to institutional compensation policies for solutions previously mentioned and outside of IBS.
(d) The ultimate fiscal report submitted because of the recipient should be owing no later on than 120 calendar times following the conclusion of your period of efficiency. A subrecipient must submit a remaining money report back to a move-via entity no afterwards than 90 calendar times after the summary with the period of general performance.