(one) The receiver or subrecipient might make use of a time-and-materials style agreement only after a resolve that no other contract is acceptable and Should the contract includes a ceiling price that the contractor exceeds at its have chance.
(1) Any charges when audits required by The one Audit Act and subpart File of the part have not been done, or have been executed but not in accordance with the necessities; and
(i) In circumstances of conflict involving the necessities of applicable portions of the portion as well as conditions and terms on the contract, the conditions and terms from the agreement as well as Considerably prevail.
usually means monetary obligations incurred through the receiver or subrecipient although not paid out (liquidated) for fiscal studies well prepared over a funds basis.
Payments manufactured for costs determined to become unallowable by possibly the awarding Federal company, cognizant company for indirect charges, or move-by entity must be refunded with fascination to your Federal Governing administration.
(one) Learns that any of that details is faulty, the Federal agency should right the knowledge in the procedure in a few enterprise times; and
When tools acquired less than a Federal award is not needed for the first challenge, software, or for other routines at present or Formerly supported by a Federal company, the recipient or subrecipient have to ask for disposition Recommendations with the Federal agency or go-by entity if expected with the conditions and terms with the Federal award.
(4) The procurement is predicted to exceed the simplified acquisition threshold, in addition to a sealed bid procurement is always to be awarded to an entity besides the obvious very low bidder; or
(2) The Federal Authorities might possibly disallow all indirect expenses or unilaterally build an indirect cost charge if the recipient fails to post a Licensed proposal for creating a amount. This fee needs to be based upon audited historical knowledge or other info furnished to the cognizant company for oblique fees and for which it can be demonstrated that every one unallowable costs have been excluded.
You'll find particular conditions through which the recipient or subrecipient may possibly use a noncompetitive procurement system. The noncompetitive procurement process may perhaps only be used if certainly one of the following situations applies:
(b) Conform to any limitations or exclusions set forth in these principles or in the Federal award concerning styles or quantity of Value goods.
(g) Donated residence from third events may perhaps contain goods like equipment, office supplies, laboratory supplies, or workshop and classroom materials. The assessed worth of donated residence included as Price tag sharing need to not exceed the residence's fair sector price at some time of your donation.
When useful, the recipient or subrecipient is encouraged to make use of worth engineering clauses in contracts for development jobs of ample sizing to provide fair alternatives for Price tag reductions.
(2) The allowability of such charges for your IHE click here does not count on whether they are recorded during the accounting data in the IHE.