The Federal agency must request the transfer of records to its custody from the receiver or subrecipient when it decides which the data have extended-phrase retention benefit.
When a recipient or subrecipient sells the assets, it must pay back the Federal agency an volume calculated by multiplying The proportion on the Federal agency's contribution towards the original obtain (and price of any enhancements) by the proceeds in the sale after deducting any real and fair expenses paid out to market or take care of up the assets available.
(4) Regular upkeep processes should be in position to make sure the property is in suitable Performing situation.
(A) Bids needs to be solicited from an enough amount of certified sources, providing them with sufficient reaction time ahead of the date set for opening the bids.
(b) Disallow expenditures for all or Portion of the exercise connected with the noncompliance of your receiver or subrecipient.
(6) Specifying only a “manufacturer identify” solution rather than letting “an equal” merchandise being offered and describing the functionality or other relevant prerequisites of the procurement; and
This Make contact with kind is just for Web page assistance or Site recommendations. When you've got questions or responses with regards to a printed document remember to Make contact with the publishing company.
If you prefer to to comment on The existing written content, be sure to make use of the 'Content Opinions' button down below for Recommendations check here on making contact with the issuing company
usually means a group of Federal awards possibly awarded below a selected application or team of packages or to a certain type of receiver or group of recipients to which precise provisions or exceptions might use.
(4) If your recipient or subrecipient simply cannot meet the factors for advance payments and also the Federal company or move-via entity has decided that reimbursement will not be feasible because the receiver or subrecipient lacks adequate Doing the job cash, the Federal agency or pass-as a result of entity may well give funds with a Performing money progress foundation. Beneath this method, the Federal company or pass-by way of entity will have to progress money payments to the recipient or subrecipient to address its approximated disbursement needs for an First time period normally aligned for the receiver's or subrecipient's disbursing cycle.
You can find three forms of procurement approaches described in this portion: casual procurement approaches (for micro-purchases and simplified acquisitions); official procurement strategies (via sealed bids or proposals); and noncompetitive procurement methods.
(8) A payment have to not be manufactured to your recipient or subrecipient for amounts that the recipient or subrecipient withholds from contractors to assure satisfactory completion of labor.
(one) The value of the remaining lifetime of the home recorded in the recipient's or subrecipient's accounting data at time of donation.
Compensation for personal services contains all remuneration, paid out at this time or accrued, for services of employees rendered throughout the duration of overall performance beneath the Federal award, which include although not automatically limited to wages and salaries.