for recipients and subrecipients signifies processes built and carried out by recipients and subrecipients to offer sensible assurance concerning the accomplishment of aims in the next types:
suggests the Federal agency chargeable for examining, negotiating and approving Value allocation plans or indirect Price proposals on behalf of all Federal organizations.
usually means the process by which the Federal agency or go-through entity determines that every one relevant administrative steps and all demanded work on the Federal award happen to be completed and requires steps as described in § 200.344.
(a) All procurement transactions underneath the Federal award has to be done in the way that provides total and open Opposition and is particularly according to the expectations of the section and § 200.320.
(one) The Federal company have to build and keep procedures and procedures for conducting a danger evaluation To guage the risks posed by applicants before issuing Federal awards. This assessment allows detect dangers which will affect the improvement toward or the achievement of the job's targets and objectives. Chance assessments guide Federal professionals in determining acceptable resources and time to commit to challenge oversight and keep track of receiver progress.
(three) Limited in scope to one or more of the following kinds of compliance necessities: functions allowed or unallowed; allowable charges/Price rules; eligibility; and reporting.
That is a procurement strategy utilised when circumstances are certainly not suitable for making use of sealed bids. This procurement method might end in possibly a hard and fast-cost or Value-reimbursement deal. They may be awarded in accordance with the next requirements:
(b) In administering Federal awards which can be subject matter into a Federal statute prohibiting discrimination based on sex, the Federal agency or go-through entity have to make sure the award is administered in a method that does not unlawfully discriminate based on sexual orientation or gender identity Should the statute's prohibition on sexual intercourse discrimination encompasses discrimination dependant on sexual orientation and gender identification in step with the Supreme Court's reasoning in Bostock
The Federal agency should announce unique funding opportunities for Federal monetary guidance that could be openly competed. The phrase openly competed means alternatives that aren't directed to a number of specially determined applicants. To your extent achievable, the Federal company need to talk possibilities to the general public in simple language to ensure the announcement is accessible to numerous communities of eligible applicants, together with underserved communities.
if it does not click here generate a Federal award to an applicant as it decides that the applicant doesn't meet the least qualification expectations as described in § 200.206(a)(two). The Federal company have to report that dedication provided that all of the next use:
(g) The receiver or subrecipient ought to not earn or keep any earnings ensuing from Federal money assistance Unless of course explicitly authorized through the stipulations of your Federal award.
(three) The value of donated Place have to not exceed the fair rental value of equivalent Place as set up by an unbiased appraisal of comparable Place and amenities inside a privately-owned developing in the same locality.
indicates enough time interval from the beginning day of the funded percentage of an award to the top day of that funded part, all through which recipients and subrecipients are licensed to incur money obligations from the funds awarded, like any cash carried ahead or other revisions pursuant to § two hundred.308.
(1) The receiver or subrecipient must post efficiency experiences as demanded through the Federal award. Intervals needs to be no considerably less Recurrent than yearly nor far more Regular than quarterly other than if specific conditions are applied (See § 200.208). Stories submitted on a yearly basis from the recipient or subrecipient have to be due no later than ninety calendar times after the reporting period. Reviews submitted quarterly or semiannually has to be owing no later on than thirty calendar times following the reporting time period. Alternatively, the Federal agency or pass-by means of entity may possibly have to have yearly studies ahead of the anniversary dates of multiple-yr Federal awards.