means a variety of grant or cooperative agreement pursuant to which the Federal company or move-by entity supplies a specific quantity of funding without regard to true prices incurred under the Federal award.
implies a cost objective that is utilised to build up indirect fees or assistance Middle charges which are subsequently allotted to one or more indirect Expense pools or final Value objectives. See this part's definitions of Price aim
signifies an annually current authoritative supply of knowledge for auditors that identifies existing critical compliance prerequisites that the Federal Governing administration expects to be regarded as part of an audit.
implies PII (see definition In this particular area), aside from PII that should be disclosed by regulation. Examples of PII incorporate, but aren't restricted to, social security amount; copyright quantity; bank card numbers; clearances, bank numbers; biometrics; date and position of beginning; mother's maiden identify; prison, clinical and economical data; and educational transcripts.
. The notification from your Federal agency to the applicant must also offer a short explanation for that willpower;
A short summary of your statutory or regulatory demands of the program and its intended result. Where correct, This system description, function, objectives, and effectiveness measurement should really align With all the strategic plans and goals in the Federal company's overall performance approach and will aid the Federal agency's performance measurement, management, shopper encounter initiatives, and reporting as needed by Element 6 of OMB Round A-11;
(b) Existing negotiated indirect cost prices will continue being in position until finally they expire. The productive day of variations to oblique cost premiums must be based on the day a newly re-negotiated amount goes into effect for that recipient's or subrecipient's fiscal yr.
(8) Executive Summary. A quick description that may be penned in simple language and summarizes the goals and objectives of This system, the target audience, and suitable applicants. The text of The manager summary shouldn't exceed 500 phrases; and
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(9) The Federal agency or pass-by way of entity should not require different depository accounts for funds supplied to your recipient or subrecipient or build any eligibility specifications for depositories.
indicates a receiver or subrecipient that gives a subaward to some subrecipient (such as reduced tier subrecipients) to perform Element of a Federal system. The authority of your pass-as a result of entity underneath this aspect flows with the subaward arrangement involving the go-through entity and subrecipient.
usually means fiscal obligations incurred by the receiver or subrecipient but not paid (liquidated) for economic studies prepared with a cash basis.
(a) The Federal agency or go-by entity need to near out the Federal award when it establishes that all administrative steps and needed do the job of your Federal award happen to website be finished. In the event the recipient or subrecipient fails to accomplish the mandatory administrative steps or maybe the required operate for an award, the Federal agency or go-by means of entity will have to carry on with closeout according to the information obtainable. This area specifies the executive steps essential at the end of the duration of efficiency.
(1) The receiver or subrecipient must submit effectiveness reviews as expected by the Federal award. Intervals has to be no considerably less Recurrent than yearly nor additional Recurrent than quarterly except if certain ailments are used (See § two hundred.208). Experiences submitted per year by the recipient or subrecipient has to be owing no later on than 90 calendar days following the reporting time period. Experiences submitted quarterly or semiannually should be because of no later than 30 calendar times once the reporting period of time. Alternatively, the Federal agency or move-through entity could demand annual reviews before the anniversary dates of multiple-year Federal awards.