(a) Title to intangible residence acquired beneath a Federal award vests on acquisition inside the receiver or subrecipient. The receiver or subrecipient need to use that intangible house for the at first licensed purpose and will have to not encumber the residence with no acceptance on the Federal company or go-via entity.
(a) Bonding expenses occur if the Federal agency demands assurance versus money reduction to alone or Other people because of an act or default in the receiver or subrecipient.
A agreement is for the goal of getting goods and solutions with the receiver's or subrecipient's use and makes a procurement partnership having a contractor. See the definition of agreement
(three) Notwithstanding the encouragement in § two hundred.307 to get paid plan cash flow, the receiver or subrecipient will have to not use products acquired Along with the Federal award to supply providers for a charge which is a lot less than a private firm would charge for very similar providers unless especially approved by Federal statute.
(6) Payments for allowable costs must not be withheld Anytime during the duration of overall performance Except if necessary by Federal statute, restrictions, or in a single of the subsequent cases:
(two) Even though the gear is getting used for your at first-authorized reason, the receiver or subrecipient ought to not dispose of or encumber its title or other passions with no acceptance in the Federal company or pass-by means of entity.
(2) Charges of communicating with the public and press about precise routines or achievements which outcome with the effectiveness with the Federal award (these costs are viewed as essential as A part of the get more info outreach energy with the Federal award); or
suggests an award provided by a pass-by way of entity into a subrecipient for your subrecipient to add to your objectives and targets in the job by finishing up A part of a Federal award been given because of the go-via entity.
(ii) Exploration results publicly cited by a Federal company in establishing an agency motion that has the power and outcome of legislation.
(eleven) The receiver or subrecipient will have to retain advance payments of Federal funds in fascination-bearing accounts Except if among the next applies:
(8) Executive Summary. A short description that may be composed in basic language and summarizes the goals and goals of the program, the audience, and qualified applicants. The textual content of The chief summary should not exceed five hundred text; and
Some nonprofit businesses, as a consequence of their sizing and mother nature of functions, can be thought of as comparable to for-profit corporations in terms of the applicability of cost principles. These nonprofit companies must work underneath Federal Charge rules that use to for-earnings corporations located at forty eight CFR 31.
usually signifies an organization or entity arranged for the purpose of earning a income. The phrase consists of but just isn't restricted to:
(3) Minimal in scope to one or more of the subsequent different types of compliance necessities: pursuits allowed or unallowed; allowable prices/Value principles; eligibility; and reporting.