(i) The value of donated house should be decided in accordance with the accounting guidelines of the recipient or subrecipient with the subsequent qualifications:

Administrative and clerical personnel salaries should really Generally be addressed as oblique fees. Immediate charging of those costs may very well be correct only when they satisfy all of the following disorders:

(b) A efficiency bond over the contractor's portion for 100 percent on the agreement value. A effectiveness bond is actually a bond executed in reference to a deal to protected the fulfillment of the many contractor's requirements less than a agreement.

(1) The recipient or subrecipient has to be paid in advance, presented it maintains or demonstrates the willingness to keep up each published processes that lower enough time elapsing amongst the transfer of money and disbursement by the receiver or subrecipient, and monetary management systems that satisfy the requirements for fund Manage and accountability as founded With this portion. Advance payments to a recipient or subrecipient should be restricted to the minimum quantities necessary and become timed with real, immediate cash prerequisites from the recipient or subrecipient in finishing up the objective of the permitted software or project.

Title to products acquired under the Federal award will vest upon acquisition inside the recipient or subrecipient topic towards the ailments of this area. This title needs to be a conditional title unless a Federal statute especially authorizes the Federal company to vest title in the receiver or subrecipient without having additional obligation for the Federal Authorities (plus the Federal company elects to take action).

(3) The Federal agency have to give a copy of the entire textual content of the final conditions and terms if a receiver requests it.

(two) Make certain that the subrecipient requires corrective motion on all considerable developments that negatively affect the subaward. Major developments involve click here Single Audit findings connected with the subaward, other audit results, internet site visits, and written notifications from the subrecipient of adverse situations which will impression their capability to meet the milestones or even the aims of the subaward.

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Proceeds within the sale of actual property, devices, or supplies. The proceeds need to be taken care of in accordance with the requirements of your Home Specifications of §§ 200.

(one) A penned need or assertion by one of the events to your Federal award searching for like a make any difference of correct:

usually means data which might be utilised to distinguish or trace a person's id, either alone or when combined with other personal or figuring out information that is certainly joined or linkable to a certain person. Some PII is out there in public sources for instance telephone textbooks, websites, and university listings.

(two) A non-public nongovernmental organization situated in a country apart from the United States that solicits and gets cash contributions from most people;

The recipient or subrecipient is to blame for determining and documenting an acceptable micro-buy threshold based upon internal controls, an evaluation of hazard, and its documented procurement techniques. The micro-acquire threshold employed by the recipient or subrecipient have to be licensed or not prohibited under Condition, local, or tribal regulations or restrictions.

(ii) Study results publicly cited by a Federal agency in producing an company motion which has the force and effect of law.