means a price aim that has allotted to it both immediate and indirect fees and, in the receiver's or subrecipient's accumulation technique, is probably the closing accumulation details, like a particular award, inside venture, or other immediate exercise of a receiver or subrecipient. See also the definitions of Price tag aim

The eCFR is exhibited with paragraphs break up and indented to Stick to the hierarchy of your doc. This is often an automated course of action for consumer benefit only and isn't intended to alter agency intent or present codification.

as set forth in appendices III as a result of VII, and IX of the component. The certification need to be signed on behalf in the recipient by a person in a amount no lower in comparison to the vp or chief financial officer in the recipient that submits the proposal.

(two) Are unallowable because they are certainly not allocable to your Federal award(s), must be adjusted, or a refund has to be produced in accordance with the necessities of the part. These adjustments or refunds are meant to proper the proposals made use of to ascertain the charges and do not represent a reopening of the rate negotiation.

(1) With distinct goals and goals that offer meaningful benefits and be according to the Federal authorizing legislation of the program;

The aggregate greenback number of the procurement transaction is bigger compared to the micro-invest in threshold but will not exceed the simplified acquisition threshold. If simplified acquisition techniques are employed, price tag or price quotations should be attained from an sufficient range of skilled sources.

There isn't any universal rule for classifying certain expenses as immediate or oblique charges. A cost might be immediate for a few distinct service or purpose but indirect with the Federal award or other last Price tag goal.

(8) Govt Summary. A brief description that is certainly penned in plain language and summarizes the objectives and goals of the program, the target market, and qualified applicants. The textual content of The chief summary must not exceed 500 text; and

(2) Has its effectiveness measured in relation to whether or not the objectives of a Federal method had been fulfilled;

(b) After the closeout on the Federal award, a marriage produced underneath the Federal award could be modified or resulted in total or partially. This may only be finished With all the consent on the awarding Federal agency or go-through entity and also the recipient or subrecipient, supplied the duties from the receiver or get more info subrecipient referred to in paragraph (a) of this area, like All those for house administration as relevant, are viewed as and provisions are made for continuing responsibilities from the recipient or subrecipient, as proper.

The receiver or subrecipient is inspired to implement surplus and surplus Federal assets as a substitute of buying new products and house when it really is feasible and minimizes job expenditures.

signifies the time interval amongst the beginning and finish date of a Federal award, which may include things like a number of price range intervals.

(d) The ultimate economical report submitted because of the recipient must be owing no later than one hundred twenty calendar days once the summary on the duration of effectiveness. A subrecipient need to post a last monetary report to a go-via entity no afterwards than ninety calendar days following the summary on the period of performance.

(b) The costs are thoroughly supported by accredited cost allocation strategies in accordance with the relevant Price accounting rules of the component; and