The Federal company may perhaps modify the risk assessment at any time over the duration of general performance, which can justify variations into the stipulations with the Federal award. See § 200.208.
(f) The data for oblique Price tag price computations or proposals, Expense allocation programs, and any similar accounting computations of the rate at which a particular group of prices is chargeable (for instance Computer system utilization chargeback premiums or composite fringe reward prices) must be retained in accordance with the applicable alternative underneath:
(iv) The receiver or subrecipient may well use competitive proposal methods for skills-primarily based procurement of architectural/engineering (A/E) Skilled solutions whereby the offeror's qualifications are evaluated, and by far the most skilled offeror is chosen, matter to negotiation of truthful and acceptable payment.
(a) All procurement transactions under the Federal award should be done inside a method that provides entire and open up Level of competition and is in keeping with the requirements of this segment and § 200.320.
(one) The Federal company will have to create and preserve procedures and strategies for conducting a possibility evaluation To judge the hazards posed by applicants before issuing Federal awards. This evaluation helps establish risks which could have an affect on the progression towards or perhaps the achievement of a venture's goals and targets. Threat assessments help Federal administrators in determining appropriate methods and time and energy to devote to task oversight and observe receiver progress.
The Federal company could only use application information and facts collections here permitted by OMB under the Paperwork Reduction Act of 1995 and OMB's utilizing laws in 5 CFR section 1320 As well as in alignment with OMB-accredited, federal government-wide data aspects obtainable with the OMB-specified specifications lead.
(iii) The depository would require a mean or minimum balance so superior that it wouldn't be possible Using the envisioned Federal and non-Federal cash methods;
(one) The recipient or subrecipient may possibly utilize a time-and-elements variety deal only following a perseverance that no other agreement is suitable and In case the contract includes a ceiling price that the contractor exceeds at its own hazard.
Proceeds within the sale of authentic assets, devices, or supplies. The proceeds needs to be managed in accordance with the necessities of your House Requirements of §§ 200.
The recipient's or subrecipient's contracts need to comprise the relevant provisions explained in Appendix II of the portion.
(e) The information for software cash flow gained following the duration of performance has to be retained for three years from the stop on the recipient's or subrecipient's fiscal yr by which the program income is earned.
The applicant's file of controlling former and current Federal awards, like compliance with reporting requirements and conformance for the conditions and terms of Federal awards, if applicable;
Every time a recipient or subrecipient sells the residence, it will have to spend the Federal agency an volume calculated by multiplying the percentage on the Federal agency's contribution to the first buy (and value of any improvements) from the proceeds in the sale right after deducting any precise and reasonable costs paid to offer or repair up the house for sale.
Topic to the requirements and situations set forth On this segment, title to real property acquired or enhanced underneath the Federal award will vest on acquisition while in the recipient or subrecipient.