(one) The receiver or subrecipient have to maintain published requirements of carry out covering conflicts of curiosity and governing the actions of its employees engaged in the selection, award, and administration of contracts. No employee, officer, agent, or board member with a real or evident conflict of fascination may perhaps participate in the selection, award, or administration of the agreement supported via the Federal award. A conflict of fascination involves when the worker, officer, agent, or board member, any member of their immediate family members, their associate, or an organization that employs or is about to employ any on the events indicated herein, includes a financial or other curiosity in or a tangible personal take pleasure in an entity thought of for any agreement.
(file) The records for oblique Charge price computations or proposals, cost allocation options, and any equivalent accounting computations of the speed at which a certain team of charges is chargeable (such as Laptop usage chargeback rates or composite fringe reward premiums) must be retained according to the applicable option beneath:
(twelve) Council of governments, whether or not integrated for a nonprofit corporation less than Condition law; and
Except subpart File, which is required by The only Audit Act, Federal statutes or polices govern in almost any instances the place they conflict Together with the provisions of the portion.
(1) With crystal clear plans and aims that offer significant outcomes and become in step with the Federal authorizing legislation of the program;
(e) The recipient or subrecipient should make sure that all prequalified lists of individuals, companies, or merchandise Employed in procurement transactions are present-day and involve more than enough certified resources to be certain optimum open Competitiveness.
(iii) The depository would demand an average or minimal equilibrium so substantial that it would not be possible Along with the expected Federal and non-Federal cash assets;
(a) This segment presents rules for being utilized in developing the allowability of certain goods linked to identifying Price tag, As well as other demands of the subpart. These rules implement whether or not a selected cost item is correctly treated as being a direct or oblique Expense.
(two) Withholding authority to proceed to the following phase right up until receipt of proof of appropriate functionality;
(iv) Applying agreements meant to ensure uninterrupted shipping and delivery of products and services; making use of agreements intended to guarantee Neighborhood Rewards; or
When products acquired below a Federal award is now not desired for the first venture, method, or for other actions at present or previously supported by a Federal company, the receiver or subrecipient must ask for disposition Recommendations with the Federal company or go-by entity if necessary with the terms and conditions of the Federal award.
(six) Specifying only a “manufacturer name” products as an alternative to making it possible for “an equal” products to become available and describing the efficiency or other applicable specifications from the procurement; and
(d) The ultimate money report submitted with the recipient need to be because of no later on than 120 calendar days after the summary in the duration of functionality. more info A subrecipient must submit a closing economic report to a move-by entity no later than ninety calendar days following the summary on the period of functionality.
When requesting approval for finances revisions, the recipient or subrecipient have to use exactly the same format for finances information which was employed inside their software, apart from In the event the Federal agency has permitted another structure.