(ii) The very best obtainable fascination-bearing account would not moderately be envisioned to generate desire in excessive of $five hundred a year on Federal cash balances;
Until the Federal company expressly authorizes an arrangement, a receiver or subrecipient ought to abide by its published policies and processes regarding the permissible extent of Specialist expert services that could be supplied exterior the recipient or subrecipient for non-organizational compensation.
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(4) The phrase “mortgage promise motivation” signifies a binding settlement by a Federal company for making a financial loan warranty when specified disorders are fulfilled with the borrower, the lender, or almost every other bash towards the warranty settlement.
(2) In the course of the time that machines is utilized about the undertaking or plan for which it had been obtained, the receiver or subrecipient should also make the products readily available for use on other plans or assignments supported through the Federal Federal government, supplied that this sort of use will likely not interfere Together with the reason for which it absolutely was at first obtained. Initial choice for other use of your equipment have to be given to other courses or projects supported via the Federal agency that financed the tools.
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(ii) Trade insider secrets, industrial details, resources required to be held private by a researcher right up until These are released, or related details which can be guarded under legislation; and
System earnings is extra to the total allowable charges, growing the overall whole level of the Federal award.
(i) Learns that any of that information is erroneous, the Federal company should accurate the information during the system within just three organization days;
The recipient or subrecipient is inspired to make cash flow to defray application costs when suitable. Method money should be used for the original intent of the Federal award. System revenue attained through the period of efficiency could only be utilized for charges incurred throughout the period of performance or allowable closeout costs.
with regards to the recipient for future thing to consider by Federal agencies. The receiver might post reviews in SAM.gov
means some time interval among the beginning and finish date of the Federal award, which can consist of one or more funds durations.
You will find three types of procurement strategies described With this section: informal procurement strategies (for micro-buys and simplified acquisitions); formal procurement procedures (via sealed bids or proposals); and noncompetitive procurement strategies.
(3) Is important to the general operation of your recipient or subrecipient and is particularly website assignable partially for the Federal award in accordance Using these Price concepts.
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