(b) A effectiveness bond on the part of the contractor for 100 percent from the contract price. A “overall performance bond” is a person executed in reference to a contract to protected fulfillment of every one of the contractor's obligations less than such contract.
(four) Reviews and results from audits executed less than subpart F of the section or maybe the stories and conclusions of some other accessible audits; and
(3) Confined in scope to a number of of the following sorts of compliance requirements: functions authorized or unallowed; allowable costs/Charge concepts; eligibility; and reporting.
(g) Any provision of the part held to get invalid or unenforceable by its phrases, or as applied to any person or circumstance, shall be severable from this segment and shall not have an affect on the rest thereof or the applying in the provision to other folks not similarly located or to other, dissimilar circumstances.
The total expense of a Federal award is definitely the sum from the allowable direct and allocable indirect fees less any relevant credits.
(i) In 30 calendar times through the date of receipt on the request for spending budget revisions, the HHS awarding agency have to overview the ask for and notify the receiver whether or not the finances revisions are already authorized.
Ordinarily program income needs to be deducted from full allowable fees to find out the net allowable charges. Software money must be used for existing prices Except if the HHS awarding company authorizes normally.
(ii) Incidental pursuits. Incidental pursuits for which supplemental compensation is allowable underneath created institutional plan (at a charge never to exceed institutional foundation salary) needn't be A part of the records check here explained in paragraph (i) of this portion to directly cost payments of incidental activities, this sort of actions must both be particularly provided for while in the Federal award spending budget or get prior composed approval via the HHS awarding company.
(2) If the goal of the Federal award would be to aid routines that have to have the use of apparatus, buildings or land, Generally only depreciation expenses for equipment and structures could be created.
(3) Notwithstanding the encouragement in § 75.307 to make program cash flow, the non-Federal entity need to not use equipment obtained Along with the Federal award to provide providers for any price which is below non-public corporations cost for equivalent expert services Until exclusively approved by Federal statute for as long as the Federal Federal government retains an interest while in the devices.
Procurement by micro-purchase will be the acquisition of supplies or expert services, the aggregate greenback degree of which doesn't exceed the micro-acquire threshold (
(b) Unless of course the HHS awarding agency or go-by way of entity authorizes an extension, a non-Federal entity ought to liquidate all obligations incurred underneath the Federal award not later on than 90 calendar times following the stop date of the duration of overall performance as laid out in the terms and conditions of your Federal award.
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means a judgment or conviction of a criminal offense by any court of proficient jurisdiction, no matter whether entered on verdict or even a plea, like a conviction resulting from a plea of nolo contendere.