(ii) The receiver or subrecipient need to have created methods for conducting specialized evaluations and producing options.

(three) The disposal of scrap or surplus resources obtained within the performance of the Federal award other than in the event the receiver or subrecipient is reimbursed for disposal fees in a predetermined amount of money; or

suggests a form of grant or cooperative settlement pursuant to which the Federal agency or pass-by entity delivers a certain level of funding with out regard to true expenditures incurred underneath the Federal award.

Besides where usually authorized by statute, expenditures have to meet up with the next requirements to get allowable underneath Federal awards:

(A) The system for establishing the estimates generates reasonable approximations in the action carried out;

(a) The Federal company or move-by way of entity have to close out the Federal award when it establishes that each one administrative actions and required perform with the Federal award happen to be finished. In the event the receiver or subrecipient fails to finish the mandatory administrative steps or perhaps the needed operate for an award, the Federal agency or pass-by way of entity should continue with closeout based on the knowledge readily available. This portion specifies the administrative steps demanded at the end of the duration of effectiveness.

if it doesn't make a Federal award to an applicant mainly because it determines that the applicant does not meet the minimum qualification specifications as described in § 200.206(a)(two). The Federal company ought to report that perseverance only if all of the subsequent utilize:

When it can be predicted the duration of general performance will consist of many budget periods, the Federal company will have to point out that subsequent spending budget periods are topic to the availability of resources, method authority, satisfactory general performance, and compliance While using the conditions and terms of your Federal award.

(i) Expenditures of leaves of absence by personnel for functionality of graduate function or sabbatical analyze, journey, or research are allowable, delivered the IHE incorporates a uniform created policy on sabbatical leave for people engaged in instruction and persons engaged in exploration. These prices has to be allotted equitably amongst all linked routines in the IHE.

(ii) Obtains an update to that information and facts that can be helpful to other Federal companies, the Federal company is strongly inspired to amend the data within the process to include the update inside of a well timed way.

The Federal company could waive any performance click here report that's not important to make sure the targets and objectives with the Federal award are being attained.

(1) Make use of the equipment to the licensed purposes in the challenge through the duration of overall performance or until eventually the home is no longer necessary for that purposes from the task.

signifies Price tag sharing exclusively pledged voluntarily within the proposal's finances around the Element of the recipient or subrecipient, which gets a binding need of your Federal award. See § 200.306.

(3) Restricted in scope to a number of of the next types of compliance requirements: things to do permitted or unallowed; allowable fees/Price principles; eligibility; and reporting.