(ii) The recipient or subrecipient should have penned strategies for conducting technological evaluations and earning options.
usually means a recipient or subrecipient that gives a subaward to the subrecipient (which includes reduce tier subrecipients) to carry out Element of a Federal plan. The authority from the go-as a result of entity under this aspect flows from the subaward agreement amongst the move-through entity and subrecipient.
(five) If the receiver or subrecipient is licensed or necessary to offer the residence, suitable sales strategies must be in place to guarantee the highest achievable return.
(2) A physical stock on the house have to be carried out, and the final results needs to be reconciled with the assets documents no less than once each two decades.
(i) An accepted indirect Expense level negotiated concerning the subrecipient and the Federal Government. If no authorised fee exists, a move-by means of entity have to decide the right fee in collaboration With all the subrecipient. The indirect cost amount could be either:
(i) Learns that any of that info is faulty, the Federal company should right the knowledge while in the procedure in just three organization days;
(three) The disengagement from a job for more than three months, or even a twenty five percent reduction in effort and time dedicated to the Federal award about the study course with the duration of overall performance, because of the permitted venture 200 loan director or principal investigator.
When A part of the terms and conditions in the Federal award, the Federal agency could permit the receiver to retain products, or authorize a move-through entity to permit the subrecipient to retain gear, without having further more obligation to your Federal Government Except prohibited by Federal statute or regulation.
usually means a bunch of Federal awards either awarded underneath a particular software or group of courses or to a particular type of recipient or team of recipients to which precise provisions or exceptions may possibly apply.
(1) A written demand or assertion by among the list of get-togethers to a Federal award looking for like a subject of ideal:
(1) Is realistic with the services rendered and conforms into the established composed coverage from the receiver or subrecipient constantly placed on both of those Federal and non-Federal pursuits;
(seven) Critical Dates. Essential dates include things like due dates for publishing apps or Executive Get 12372 submissions, together with for just about any letters of intent or preapplications. For any announcement issued in advance of a software's application elements can be found, key dates also involve the day on which All those resources will probably be produced; and some other additional details, as deemed relevant by the Federal agency.
signifies the time interval concerning the start and close day of the Federal award, which may include one or more budget intervals.
Any time a recipient or subrecipient transfers title to the residence to your Federal agency or third party selected or accepted via the Federal agency, the recipient or subrecipient is entitled being paid an amount calculated by multiplying The proportion with the receiver's or subrecipient's contribution in the direction of the initial order of the real home (and price of any advancements) by The present good marketplace value of the house.