(a) Each and every condition ought to expend and account with the Federal award in accordance with state laws and methods for expending and accounting to the condition's own funds. On top of that, the state's and the other non- Federal entity's financial management methods, which include data documenting compliance with Federal statutes, restrictions, and the conditions and terms from the Federal award, must be enough to allow the planning of studies essential by standard and plan-particular terms and conditions; as well as the tracing of money to your amount of expenses enough to determine that such cash are applied in accordance with the Federal statutes, restrictions, plus the stipulations in the Federal award. See also § 75.450.
(l) The sort of procuring devices made use of need to be determined by the receiver but shall be suitable for the particular procurement and for promoting the ideal curiosity of This system or task involved.
(five) When an HHS awarding company makes a Federal award that gives aid for design and non-development function, the HHS awarding agency may demand the recipient to acquire prior acceptance through the HHS awarding agency before making any fund or spending plan transfers involving the two kinds of work supported.
(two) The knowledge the HHS awarding company must post to GSA for acceptance by OMB is stated in paragraph (b) of this section. GSA have to prescribe the structure to the submission.
suggests tangible personal home (like info technological innovation systems) possessing a beneficial lifetime of more than one 12 months along with a for every-device acquisition Expense which equals or exceeds the lesser on the capitalization stage proven because of the non-Federal entity for financial statement reasons, or $5,000.
(two) The effects of preceding audits such as whether here or not the subrecipient gets only one Audit in accordance with subpart F, as well as the extent to which exactly the same or equivalent subaward has become audited as A serious software;
The HHS awarding company will have to ask for transfer of selected documents to its custody within the non-Federal entity when it determines that the information possess lengthy-phrase retention worth.
Some nonprofit corporations, as a consequence of their dimension and nature of operations, may be regarded as being much like for-earnings entities for goal of applicability of Value rules. These kinds of nonprofit businesses have to run beneath Federal Value rules applicable to for-profit entities located at 48 CFR 31.
(d) Just take prompt motion when scenarios of noncompliance are identified such as noncompliance recognized in audit results.
(e) To foster higher financial system and efficiency, and in accordance with endeavours to promote Value-effective utilization of shared products and services throughout the Federal Govt, the non-Federal entity is encouraged to enter into point out and local intergovernmental agreements or inter-entity agreements in which suitable for procurement or use of prevalent or shared merchandise and providers.
(b) Unless the HHS awarding company or pass-by way of entity authorizes an extension, a non-Federal entity will have to liquidate all obligations incurred beneath the Federal award not afterwards than 90 calendar times after the conclusion date on the period of functionality as specified in the stipulations of your Federal award.
signifies a process whereby cash are Highly developed for the receiver to deal with its approximated disbursement demands for your presented First time period.
(2) The knowledge will probably be offered during the OMB-selected integrity and performance method to get a period of five years from your date of the termination, then archived;
(1) Retain title following compensating the HHS awarding agency. The amount paid to the HHS awarding agency will be computed by implementing the HHS awarding company's share of participation in the expense of the initial acquire (and charges of any enhancements) on the reasonable current market price of the property.