(three) The recipient or subrecipient may well transfer title for the property into the Federal Federal government or to an eligible 3rd party furnished the recipient or subrecipient have to be entitled to compensation for its attributable percentage of the present fair market value of the house.
An entity may possibly concurrently obtain Federal awards like a receiver, a subrecipient, and also a contractor. The move-by means of entity is liable for creating scenario-by-circumstance determinations to ascertain if the entity acquiring Federal funds is often a subrecipient or maybe a contractor. The Federal company might call for the go-by entity to comply with more steerage to produce these determinations, delivered these steerage would not conflict with this section. The Federal agency doesn't have a direct authorized partnership with subrecipients or contractors of any tier; however, the Federal agency is to blame for monitoring the go-by way of entity's oversight of 1st-tier subrecipients.
(five) Payments for unfunded PRHP expenditures has to be billed in accordance Together with the allocation rules of this subpart. Especially, the receiver or subrecipient may well not demand unfunded PRHP prices on to a Federal award if People unfunded PRHP expenses are certainly not allocable to that award.
(three) Notwithstanding the encouragement in § 200.307 to receive method cash flow, the receiver or subrecipient ought to not use gear acquired Together with the Federal award to provide expert services for your price that may be a lot less than A non-public organization would demand for similar providers Except specially authorized by Federal statute.
(3) IHEs may perhaps provide staff tuition waivers or reductions, offered which the advantage isn't going to discriminate in favor of really compensated workforce.
That percentage of automobile expenditures furnished through the read more recipient or subrecipient that relates to personal use by staff (including transportation to and from function) is unallowable as a fringe benefit or oblique expenses regardless of whether the price is described as taxable cash flow to the staff.
(two) Insurance policies expenses around the life of trustees, officers, or other employees Keeping positions of comparable accountability are allowable only towards the extent which the insurance policy signifies supplemental compensation.
(2) Through the time that devices is used about the job or system for which it was acquired, the receiver or subrecipient will have to also make the devices obtainable for use on other systems or assignments supported via the Federal Authorities, supplied that such use will not interfere While using the objective for which it absolutely was initially acquired. 1st preference for other use of your devices needs to be specified to other programs or tasks supported by the Federal company that financed the equipment.
usually means a bunch of Federal awards both awarded beneath a specific application or group of plans or to a particular sort of recipient or team of recipients to which distinct provisions or exceptions may perhaps implement.
indicates the quantity of resources less than a Federal award which the recipient or subrecipient hasn't obligated. The amount is computed by subtracting the cumulative number of the recipient's or subrecipient's unliquidated economic obligations and expenditures underneath the Federal award from the cumulative level of funds the Federal company or pass-through entity authorized the recipient or subrecipient to obligate.
(b) Make sure that every single subaward is Plainly identified for the subrecipient for a subaward and includes the data furnished underneath. A move-via entity must deliver the best offered info when some of the knowledge beneath is unavailable.
implies the auditor's ideal estimate of overall questioned costs, not simply the regarded questioned expenses. Possible questioned expenditures are formulated by extrapolating from audit evidence attained, for instance, by projecting regarded questioned expenditures determined in an audit sample to all the inhabitants from which the sample was drawn.
(1) Provisions for a reserve beneath a self-coverage application for unemployment compensation or employees' payment are allowable to the extent that the provisions characterize realistic estimates of your liabilities for such compensation and the kinds of protection, the extent of coverage, and charges and rates would have been allowable experienced insurance plan been procured to include the threats.
Compensation for personal providers contains all remuneration, paid out presently or accrued, for companies of staff members rendered through the period of functionality under the Federal award, including although not always restricted to wages and salaries.