(b) If the HHS awarding agency has no further more have to have with the assets, it have to declare the house surplus and report it for disposal to the appropriate Federal disposal authority, unless the HHS awarding agency has statutory authority to eliminate the residence by alternate solutions (
(2) The information will likely be readily available within the OMB-selected integrity and functionality technique for just a period of 5 years from the day of your termination, then archived;
(3) Any added needs which the go-by way of entity imposes around the subrecipient in order for the pass-by way of entity to satisfy its own accountability towards the HHS awarding company together with identification of any needed economic and effectiveness reports;
(one) The non-Federal entity must be paid upfront, provided it maintains or demonstrates the willingness to maintain both prepared procedures that limit time elapsing concerning the transfer of money and disbursement through the non-Federal entity, and financial administration units that meet the standards for fund Handle and accountability as established On this component. Progress payments to your non-Federal entity needs to be limited to the minimal amounts required and be timed to become in accordance with the actual, fast cash requirements with the non-Federal entity in finishing up the objective of the permitted method or venture.
Changes from a single compliant Price tag accounting follow to a different compliant follow which might be approved because of the cognizant company for oblique expenditures may possibly demand Price changes Should the modify has a material effect on Federal awards plus the modifications are considered proper via the cognizant company for oblique expenditures.
suggests complete allowable costs incurred less than a Federal award and all expected Value sharing and voluntary committed Expense sharing, which includes 3rd-bash contributions.
Prices for the non-Federal entity resulting from obligations incurred because of the non-Federal entity during a suspension or after termination of a Federal award or subaward are certainly not allowable Except the HHS awarding company or go-through entity expressly authorizes them inside the observe of suspension or termination or subsequently. However, costs for the duration of suspension or after termination are allowable if:
(two) A Actual physical inventory on the house needs to be taken and the final results reconciled Along with the property data no less than once just about every two many years.
(one) Keep title immediately after compensating the HHS awarding agency. The amount paid into the HHS awarding company will be computed by applying the HHS awarding agency's proportion of participation in the expense of the original buy (and costs of any enhancements) to the truthful current market value of the property.
(one) Is accustomed to enter into a romance the principal intent of which is to transfer everything of value in the Federal awarding company or go-by means of entity to the non-Federal entity to execute a public intent approved by a regulation of The usa (see 31 U.
(3) Amounts funded in excess from the actuarially identified amount for the fiscal yr can be utilized as the non-Federal entity contribution inside a potential time period.
usually means, for purposes of § 75.343 or when Employed in reference to the acquisition or enhancement of serious home, gear, or supplies under a Federal award, the greenback amount of money that's the product or service of your:
Except or else approved by OMB, the HHS awarding company may perhaps solicit only the normal, OMB-permitted government-vast data elements for collection of financial data (at time of publication the Federal Monetary Report or these kinds of upcoming collections as may be accepted by OMB and mentioned about the OMB Site). This info should be collected Along with the frequency needed via the stipulations on the Federal award, but no much less usually than each year nor far more commonly than quarterly apart from in check here unusual circumstances, for example where extra Repeated reporting is needed for the powerful monitoring of your Federal award or could noticeably have an impact on software outcomes, and preferably in coordination with efficiency reporting.
Some nonprofit organizations, as a result of their dimensions and nature of operations, may be regarded as being much like for-gain entities for purpose of applicability of Value concepts. This kind of nonprofit organizations should operate under Federal Price tag rules applicable to for-financial gain entities Found at 48 CFR 31.