Method revenue is deducted from the total allowable costs, minimizing the overall full number of the Federal award.
(three) The disposal of scrap or surplus products acquired within the functionality of the Federal award except once the recipient or subrecipient is reimbursed for disposal charges at a predetermined amount; or
(5) If the receiver or subrecipient is authorized or necessary to offer the home, proper sales treatments has to be in position to guarantee the best achievable return.
(3) Notwithstanding the encouragement in § 200.307 to generate application money, the receiver or subrecipient must not use tools obtained With all the Federal award to supply companies for any cost that is certainly a lot less than a private organization would cost for comparable solutions Unless of course particularly authorized by Federal statute.
(b) Disallow fees for all or Portion of the activity related to the noncompliance from the recipient or subrecipient.
(a) The Federal company or go-by way of entity need to shut out the Federal award when it establishes that all administrative actions and demanded work with the Federal award have been finished. If the receiver or subrecipient fails to accomplish the mandatory administrative steps or maybe the required do the job for an award, the Federal company or move-by entity will have to carry on with closeout according to the information offered. This area specifies the executive actions essential at the conclusion of the duration of efficiency.
(2) Charges of speaking with the general public and press about certain things to do or accomplishments which outcome from your general performance in the Federal award (these expenditures are considered needed as Element of the outreach work with the Federal award); or
When A part of the stipulations with the Federal award, the Federal agency could permit the receiver to keep devices, or authorize a move-by entity to permit the subrecipient to retain machines, without having further obligation to your Federal Federal government unless prohibited by Federal statute or regulation.
(two) “Created solutions” indicates merchandise and building products composed in entire or partly of non-ferrous metals such as aluminum; plastics and polymer-based mostly goods for example polyvinyl chloride pipe; aggregates like concrete; glass, which includes optical fiber; and lumber.
indicates the published approval received in advance by a certified Formal of the Federal company or pass-by entity of specific expenditures or programmatic decisions.
(eight) Government Summary. A quick description that is certainly website written in basic language and summarizes the ambitions and aims of This system, the target audience, and eligible applicants. The text of The chief summary should not exceed five hundred words; and
The receiver or subrecipient may well assign fringe Positive aspects to Price tag objectives by identifying unique Added benefits to distinct personal employees or by allocating them depending on entity-huge salaries and wages of the employees acquiring the benefits.
(one) The worth of the remaining lifetime of the home recorded inside the receiver's or subrecipient's accounting data at time of donation.
Administrative and clerical team salaries really should Commonly be handled as oblique expenditures. Direct charging of such expenditures could possibly be suitable only should they meet up with all of the subsequent conditions:
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