(ii) The ideal out there desire-bearing account would not moderately be expected to generate desire in excess of $five hundred every year on Federal cash balances;
The Federal company or go-as a result of entity may possibly settle for the recipient's or subrecipient's bonding plan and needs for design or facility improvement contracts or subcontracts exceeding the simplified acquisition threshold.
(3) A charitable Business situated in a country in addition to The us that is certainly nonprofit and tax-exempt under the regulations in the state where it is actually registered and is not a university, university, accredited degree-granting institution of education, personal Basis, clinic, a company engaged exclusively in research or scientific actions, church, synagogue, mosque or other equivalent entities structured mainly for spiritual purposes; or
indicates a payment That ought to not happen to be produced or which was made within an incorrect amount below statutory, contractual, administrative, or other lawfully relevant specifications. The time period poor payment incorporates: any payment to an ineligible recipient; any payment for an ineligible superior or assistance; any copy payment; any payment for a great or company not received, apart from These payments in which licensed by law; any payment that's not authorized by regulation; and any payment that does not account for credit rating for applicable savings. See OMB Round A-123 Appendix C, Specifications for Payment Integrity Advancement
If a agreement is topic to CAS, costs have to be allocated to that deal in accordance with the Charge Accounting Expectations, which take precedence around the allocation provisions In this particular element.
(2) “Created items” usually means merchandise and building elements composed in full or partly of non-ferrous metals for example aluminum; plastics and polymer-dependent solutions for instance polyvinyl chloride pipe; aggregates like concrete; glass, like optical fiber; and lumber.
(iii) The depository would need a mean or bare minimum stability so higher that it wouldn't be possible While using the predicted Federal and non-Federal cash sources;
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A value is allocable to a Federal award or other Price aim if the associated fee is assignable to that Federal award or other Price aim in accordance Along with the relative Advantages been given. This typical is satisfied if the expense satisfies any of the next requirements:
(2) Benefits equally the Federal award and also other perform of the receiver or subrecipient and might be dispersed in proportions That could be approximated utilizing fair approaches; or
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(7) A payment withheld for failure to comply with the stipulations with the Federal award must be produced on the receiver or subrecipient upon subsequent compliance. Every time a Federal award is suspended, payment changes need to be manufactured in accordance with § two hundred.343.
(d) The ultimate economic report submitted by the receiver should be because of no later on than a hundred and twenty calendar days once the conclusion with the period of general performance. A click here subrecipient have to post a remaining money report to a go-as a result of entity no later than ninety calendar days following the summary in the duration of functionality.
(one) The receiver or subrecipient ought to submit effectiveness reviews as expected through the Federal award. Intervals needs to be no significantly less Recurrent than annually nor more Regular than quarterly other than if specific situations are utilized (See § two hundred.208). Reports submitted each year because of the recipient or subrecipient should be because of no later on than ninety calendar days following the reporting period of time. Experiences submitted quarterly or semiannually must be owing no later than 30 calendar times once the reporting period. Alternatively, the Federal company or go-through entity might involve once-a-year studies prior to the anniversary dates of numerous-year Federal awards.