(6) Specifying just a “manufacturer name” merchandise in lieu of enabling “an equivalent” product or service being supplied and describing the efficiency or other applicable necessities from the procurement; and
(one) The costs are fair and vital in relation into the administration on the Federal award and things to do expected to cope with the continuing as well as the fundamental reason for action;
(b) If applicable, the HHS awarding agency may possibly inform applicants and recipients that they do not need to have to provide sure info if not necessary through the appropriate facts assortment.
The HHS awarding company need to Show the next data posted over the OMB-specified governing administration-wide Site for locating and making use of for Federal fiscal guidance, in a very locale previous the full text with the announcement:
Variations from a single compliant Charge accounting observe to a different compliant exercise which can be accepted via the cognizant agency for indirect expenses may possibly need Value changes In case the modify has a material effect on Federal awards along with the improvements are considered appropriate through the cognizant agency for indirect prices.
(d) In which bonds are demanded inside the predicaments explained herein, the bonds shall be attained from organizations Keeping certificates of authority as appropriate sureties pursuant to 31 CFR aspect 223.
(four) When the non-Federal entity can't fulfill the factors for progress payments and the HHS awarding agency or move-as a result of entity has identified that reimbursement isn't possible as the non-Federal entity lacks enough Operating capital, the HHS awarding agency or pass-via entity might offer cash on a Doing work funds advance basis. Below this procedure, the HHS awarding agency or move-as a result of entity must advance cash payments towards the non-Federal entity to include its approximated disbursement wants for check here an initial period usually geared towards the non-Federal entity's disbursing cycle.
Expense adjustments has to be produced by the cognizant agency for indirect costs if an IHE fails to comply with the expense guidelines With this aspect or fails to consistently adhere to its proven or disclosed Expense accounting procedures when estimating, accumulating or reporting The prices of Federal awards, along with the mixture Charge influence on Federal awards is product. The cost adjustment must Usually be built on an combination basis for all impacted Federal awards by way of an adjustment from the IHE's future F&A expenses prices or other implies considered proper because of the cognizant company for indirect prices.
Proceeds through the sale of genuine house, gear, or supplies, are usually not method cash flow; such proceeds are going to be handled in accordance with the necessities of subpart D of the part, §§ 75.
A price is reasonable if, in its character and amount, it does not exceed that which might be incurred by a prudent man or woman underneath the situation prevailing at enough time the decision was built to incur the expense.
implies the expense of the asset including the Charge to ready the asset for its intended use. Acquisition Value for machines, for example, implies The online invoice cost of the equipment, including the price of any modifications, attachments, components, or auxiliary apparatus essential to enable it to be usable to the goal for which it truly is obtained.
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(2) This aspect provides The premise for a scientific and periodic collection and uniform submission by Federal companies of information on all Federal fiscal guidance applications to your Place of work of Administration and Funds (OMB). Additionally, it establishes Federal policies associated with the delivery of the facts to the public, such as in the usage of Digital media.
indicates Price tag sharing specifically pledged with a voluntary foundation inside the proposal's spending budget or even the Federal award within the Section of the non-Federal entity and that results in being a binding prerequisite of Federal award.
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