(b) The costs are appropriately supported by permitted Expense allocation strategies in accordance Along with the applicable cost accounting ideas of this part; and
(two) The procurement is expected to exceed the simplified acquisition threshold and is also to generally be awarded without having Competitiveness, or only one bid is predicted to generally be gained in response to the solicitation;
If approved by Federal laws or maybe the Federal award, costs incidental to generating system profits may very well be deducted from gross money to ascertain program income, supplied these fees have not been billed to the Federal award.
(one) The receiver or subrecipient may perhaps request the Federal company or pass-as a result of entity overview its procurement system to determine no matter whether it satisfies these expectations for its process being Qualified.
(three) IHEs may give workers tuition waivers or reductions, presented the benefit does not discriminate in favor of hugely compensated staff members.
The reasonableness and allocability of sure costs less than Federal awards might be tricky to decide. To prevent subsequent disallowance or dispute based on unreasonableness or nonallocability, the recipient may well find the prior prepared acceptance from the Federal company (or, for indirect fees, the cognizant company for indirect charges) before incurring the associated fee.
(b) The Federal company or go-by way of entity have to acquire economical studies no lower than on a yearly basis. The Federal company or move-as a result of entity might not accumulate money reports far more frequently than quarterly Unless of course a particular ailment has become applied in accordance with § 200.
If a deal is matter to CAS, charges must be allocated to that contract in accordance with the Price tag Accounting Expectations, which just take precedence above the allocation provisions On this element.
A price is allocable to a Federal award or other Value aim if the price is assignable to that Federal award or other cost aim in accordance with the relative Gains received. This common is satisfied if the fee satisfies any of the following criteria:
(three) The procurement is expected to exceed the simplified acquisition threshold and specifies a “manufacturer title” item;
Application earnings is additional to the full allowable costs, growing the overall total degree of the Federal award.
(7) Crucial Dates. Essential dates include thanks dates for publishing programs or Govt Get 12372 submissions, along with for almost any letters of intent or preapplications. For just about any announcement issued prior to a plan's application components are available, critical dates also incorporate the date on which All those resources will be produced; and some other further facts, as deemed relevant from the Federal company.
The mixture dollar volume of the procurement transaction is bigger compared to micro-invest in threshold but doesn't exceed the simplified acquisition threshold. If simplified acquisition treatments are used, rate or price quotations have to be received from an suitable variety of competent resources.
When serious house is no more desired for your originally licensed function, the receiver or more info subrecipient will have to attain disposition Guidelines within the Federal company or move-as a result of entity. The Guidelines need to specify one of the subsequent disposition strategies: