means tangible particular home (which include details technology techniques) having a practical life of more than one yr plus a for each-device acquisition Expense that equals or exceeds the lesser with the capitalization amount proven via the receiver or subrecipient for monetary statement functions, or $10,000.
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(1) The recipient's or subrecipient's procurement treatments or operation fails to adjust to the procurement specifications Within this section;
(4) A company located in a country other than America not acknowledged for a overseas community entity.
(i) An approved indirect Price fee negotiated concerning the subrecipient plus the Federal Governing administration. If no authorised fee exists, a pass-by means of entity should decide the appropriate price in collaboration While using the subrecipient. The oblique Price price may very well be possibly:
The combination greenback level of the procurement transaction is higher compared to the micro-order threshold but will not exceed the simplified acquisition threshold. If simplified acquisition procedures are used, rate or price quotations need to be received from an sufficient variety of capable sources.
(ii) Trade insider secrets, business data, resources required to be held private by a researcher right up until They may be printed, or equivalent facts which can be protected under law; and
(two) The receiver's or subrecipient's background of compliance Together with the terms and conditions of Federal awards;
(a) Fiscal reports ought to contain a certification, signed by an official who's approved to lawfully bind the receiver, which reads as follows: “By signing this report, I certify to the very best of my understanding and belief that the report is correct, finish, and precise, as well as expenditures, disbursements and cash receipts are to the uses and aims established forth in the stipulations of the Federal award.
(i) When the recipient doesn't adjust to the necessities of this part, including publishing all final experiences, the Federal company need to report the receiver's materials failure to adjust to the terms and conditions of the Federal award in SAM.gov
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(two) The costs of central governmental companies distributed throughout the central company Charge allocation prepare rather than normally handled as direct charges.
A cost is reasonable if it does not exceed an volume that a prudent human being would incur beneath the instances prevailing when the choice was manufactured to incur the fee. In analyzing the reasonableness of the specified Price, consideration have to be offered to the subsequent:
(one) Tangible or intangible belongings used in operations possessing a practical life of more than one 12 here months which can be capitalized in accordance with GAAP. Money belongings contain: