usually means tangible own property (such as information and facts engineering programs) having a beneficial life of multiple 12 months plus a for every-unit acquisition Value that equals or exceeds the lesser of the capitalization level set up by the recipient or subrecipient for monetary statement applications, or $ten,000.

The eCFR is exhibited with paragraphs split and indented to Adhere to the hierarchy of your document. This can be an automated course of action for person advantage only and isn't intended to change company intent or present codification.

When authentic property is no longer wanted for your originally licensed goal, the recipient or subrecipient must get hold of disposition Guidance through the Federal company or pass-by entity. The Directions should specify certainly one of the next disposition strategies:

(1) The receiver or subrecipient must be paid in advance, delivered it maintains or demonstrates the willingness to take care of both equally composed techniques that limit enough time elapsing in between the transfer of funds and disbursement through the receiver or subrecipient, and fiscal administration systems that satisfy the specifications for fund control and accountability as proven In this particular element. Progress payments to your recipient or subrecipient needs to be limited to the minimum amount amounts wanted and be timed with precise, quick cash necessities in the receiver or subrecipient in carrying out the purpose of the permitted system or job.

(a) Voluntary committed Charge sharing will not be anticipated underneath Federal research grants. The Federal company may not use voluntary dedicated Charge sharing as a factor through the benefit assessment of purposes or proposals for Federal investigation grants unless approved by Federal statutes or company polices and laid out in the observe of funding possibility.

The Federal company may well only use application information and facts collections authorised by OMB beneath the Paperwork Reduction Act of 1995 and OMB's applying regulations in 5 CFR portion 1320 As well as in alignment with OMB-approved, federal government-wide information things accessible within the OMB-selected standards guide.

(i) Be supported by a procedure of inside Handle that provides reasonable assurance that the fees are correct, allowable, and correctly allotted;

(one) The receiver or subrecipient may possibly use a time-and-supplies type agreement only after a resolve that no other agreement is suitable and In the event the deal includes a ceiling price the contractor exceeds at its very own possibility.

(5) Should the recipient or subrecipient is licensed or required to market the assets, right gross sales methods need to be set up to ensure the very best achievable return.

(a) A bid ensure from Each individual bidder akin to 5 % with the bid selling price. The bid promise should include a firm commitment like a bid bond, Qualified Examine, or other negotiable instrument accompanying a bid as assurance which the bidder will, on acceptance of click here the bid, execute any essential contractual files inside the desired timeframe.

(1) The time period “immediate loan” signifies a disbursement of money with the Federal Federal government into a non-Federal borrower under a deal that needs the repayment of these kinds of money with or without having interest. The expression contains the purchase of, or participation in, a personal loan made by another lender and financing arrangements that defer payment for more than ninety days, such as the sale of the Federal Government asset on credit history phrases.

(six) Specifying only a “model identify” solution as an alternative to letting “an equivalent” products being available and describing the effectiveness or other pertinent requirements of the procurement; and

Irrespective of whether equipment is obtained in part or its entirety under the Federal award, the receiver or subrecipient ought to take care of devices (which include alternative products) employing strategies that meet up with the following demands:

(d) In employing the prohibition underneath part 889 of Community Law 115-232, heads of executive agencies administering loan, grant, or subsidy applications should prioritize accessible funding and technical assistance to assist affected businesses, institutions, and companies as is fairly essential for Those people influenced entities to transition from coated telecommunications equipment or expert services, to obtain replacement machines or products and services, and in order that communications assistance to end users and clients is sustained.