(a) Title to intangible property obtained below a Federal award vests upon acquisition within the receiver or subrecipient. The recipient or subrecipient should use that intangible property for your at first licensed goal and should not encumber the property with no approval of your Federal agency or move-by entity.
Micro-purchases can be awarded devoid of soliciting aggressive rate or charge quotations In the event the recipient or subrecipient considers the cost fair determined by investigate, expertise, obtain historical past, or other data; and maintains documents to support its conclusion. Acquire playing cards could possibly be employed as being a method of payment for micro-buys.
(B) Two or even more dependable bidders are actually discovered as keen and capable to compete proficiently for that organization; and
(1) The worth of donated land and properties need to not exceed its good market price at some time of donation for the recipient or subrecipient as established by an independent appraiser (for instance, Qualified serious assets appraiser or Basic Services Administration consultant) and Licensed by a dependable Formal on the recipient or subrecipient as expected with the Uniform Relocation Help and Authentic Property Acquisition Policies Act of 1970, as amended, (forty two U.
Except as usually supplied by Federal statutes or the Federal agency, actual assets needs to be used for the originally authorized reason as long as it is required for that goal. Even though check here the property is getting used to the originally authorized intent, the recipient or subrecipient need to not dispose of or encumber its title or other pursuits other than as provided by the Federal agency.
The recipient or subrecipient is answerable for pinpointing and documenting an proper micro-buy threshold determined by interior controls, an analysis of threat, and its documented procurement strategies. The micro-purchase threshold employed by the receiver or subrecipient need to be licensed or not prohibited beneath State, neighborhood, or tribal rules or laws.
(2) Charges of speaking with the general public and press about unique actions or accomplishments which consequence from the performance of the Federal award (these charges are thought of important as Component of the outreach effort for your Federal award); or
(one) Costs to Federal awards for salaries and wages should be based upon records that precisely replicate the perform done. These documents should:
(iii) The depository would have to have a mean or least equilibrium so superior that it wouldn't be possible Along with the expected Federal and non-Federal money assets;
Subject to the requirements and problems set forth In this particular portion, title to genuine house acquired or enhanced beneath the Federal award will vest on acquisition during the receiver or subrecipient.
The applicant's document of handling prior and recent Federal awards, which include compliance with reporting requirements and conformance to your conditions and terms of Federal awards, if relevant;
signifies all basic and used exploration activities and all advancement pursuits done by a receiver or subrecipient. The phrase study also involves things to do involving the coaching of individuals in study tactics exactly where this sort of routines use precisely the same services as other analysis and advancement things to do and where by these types of things to do are usually not included in the instruction purpose.
(iv) Applying agreements intended to be certain uninterrupted supply of products and services; applying agreements meant to guarantee community Advantages; or
(one) The costs might be claimed on the hard cash or accrual foundation assuming that the methodology is disclosed and regularly utilized.