The Federal company may well modify the danger assessment at any time in the duration of overall performance, which can justify changes on the terms and conditions from the Federal award. See § two hundred.208.
(1) The recipient or subrecipient may possibly request the Federal company or move-as a result of entity critique its procurement program to find out regardless of whether it meets these specifications for its procedure to generally be Accredited.
(a) The prices outcome from financial obligations which had been thoroughly incurred with the recipient or subrecipient ahead of the powerful date of suspension or termination, and never in anticipation of it; and
(b) In a few instances, the quantities received in the Federal Federal government to finance routines or assistance functions of your recipient or subrecipient must be addressed as applicable credits.
Micro-purchases could possibly be awarded with out soliciting aggressive cost or price quotations if the receiver or subrecipient considers the price realistic based on exploration, knowledge, purchase heritage, or other details; and maintains files to assistance its summary. Buy playing cards may very well be utilised like a means of payment for micro-purchases.
Subpart E establishes ideas for analyzing allowable expenditures incurred by recipients and subrecipients less than Federal awards.
usually means the (complete) expense of the asset including the Price tag to Prepared the asset for its intended use. By way of example, acquisition Charge for devices implies the net invoice cost of the tools, such as the cost of any modifications, attachments, components, or auxiliary equipment essential to make it usable to the intent for which it's acquired.
signifies the entity that owns or controls a right away owner of an applicant or that owns or controls one or more entities that Regulate a direct operator of an applicant.
(5) In case the receiver or subrecipient is authorized or necessary to sell the residence, suitable profits methods need to be set up to be sure the highest doable return.
if it doesn't produce a Federal award to an applicant since it decides which the applicant would not fulfill the least qualification criteria as explained in § 200.206(a)(two). The Federal agency should report that dedication provided that all of the following apply:
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The receiver or subrecipient is answerable for determining and documenting an ideal micro-acquire threshold according to interior controls, an evaluation of chance, and its documented procurement methods. The micro-invest in threshold used by the receiver or subrecipient here need to be authorized or not prohibited beneath Point out, nearby, or tribal legislation or regulations.
(ii) Exploration conclusions publicly cited by a Federal company in developing an company motion which has the drive and outcome of law.