signifies a facility licensed like a medical center underneath the law of any Condition or a facility operated for a hospital by The usa, a Point out, or a subdivision of the Point out.
Any time a receiver or subrecipient sells the property, it must shell out the Federal agency an sum calculated by multiplying the percentage of the Federal company's contribution in the direction of the original obtain (and value of any enhancements) by the proceeds from the sale right after deducting any real and acceptable charges paid out to provide or fix up the house for sale.
(4) Frequent routine maintenance treatments should be set up to make sure the house is in right Performing situation.
(e) The data for method earnings attained once the duration of overall performance need to be retained for three many years from the stop of the recipient's or subrecipient's fiscal calendar year during which This system profits is acquired.
signifies the procedure by which the Federal company or pass-via entity decides that every one applicable administrative steps and all required do the job from the Federal award are already done and will take steps as explained in § 200.344.
Subpart E establishes concepts for pinpointing allowable expenses incurred by recipients and subrecipients less than Federal awards.
Incentive payment to staff members according to Value reduction, efficient performance, suggestion awards, or safety awards is allowable for the extent that the overall payment is determined to generally be realistic and these prices are paid out or accrued In keeping with an arrangement entered into in fantastic faith concerning the recipient or subrecipient and the employees ahead of the providers ended up rendered, or Based on an established strategy followed by the receiver or subrecipient so continually regarding indicate, in outcome, an agreement to help make such payment.
(b) After the closeout on the Federal award, a romantic relationship produced beneath the Federal award could possibly be modified or resulted in total or partly. This may only be done With all the consent in the awarding Federal agency or move-via entity along with the recipient or subrecipient, supplied the tasks with the receiver or subrecipient referred to in paragraph (a) of the part, which includes All those for home management as relevant, are regarded and provisions are made for continuing tasks of your receiver or subrecipient, as acceptable.
indicates a bunch of Federal awards either awarded beneath a specific system or team of systems or to a selected kind of recipient or team of recipients to which certain provisions or exceptions may possibly utilize.
(1) A penned demand or assertion by one of several events to a Federal award searching for for a matter of proper:
(ii) Pension prices calculated utilizing an actuarial Charge approach acknowledged by GAAP are allowable for your given fiscal yr Should they be funded for that 12 months within just six months following the conclude of that 12 months. Charges funded following six months (or even a later on period of time agreed to with the cognizant company for oblique charges) are allowable from the calendar year funded. The cognizant company for indirect prices might conform to an extension if an correct adjustment is made to compensate for the timing of the costs towards the Federal Authorities and similar Federal reimbursement and the receiver's or subrecipient's contribution to your pension fund.
for recipients and subrecipients usually means procedures created and carried out by recipients and subrecipients to supply realistic assurance regarding the achievement of objectives in the following groups:
Pension plan expenses incurred in accordance Together with the proven composed policies of your recipient or subrecipient are allowable, presented that:
You will find a few ways website of making use of application income: deduction; addition; and value-sharing. The Federal agency must specify what software profits process(s) will be used in the conditions and terms of the Federal award. The deduction technique are going to be used When the Federal company would not specify a technique for making use of system cash flow. When no software money approach is specified in the Federal award, prior acceptance is needed to use the addition or Charge sharing methods.