(ii) The ideal accessible interest-bearing account wouldn't fairly be anticipated to make desire in surplus of $500 per year on Federal cash balances;

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(a) Whether the Value is usually recognized as common and necessary for the receiver's or subrecipient's Procedure or the appropriate and effective general performance in the Federal award;

With the exception of subpart F, which is needed by The only Audit Act, Federal statutes or rules govern in any situations the place they conflict With all the provisions of the section.

signifies Price tag sharing precisely pledged voluntarily while in the proposal's funds to the part of the receiver or subrecipient, which gets a binding need in the Federal award. See § 200.306.

Subpart E establishes concepts for determining allowable prices incurred by recipients and subrecipients less than Federal awards.

(1) The recipient or subrecipient have to use devices to the challenge or plan for which it absolutely was obtained and for as long as essential, if the undertaking or program continues to get supported via the Federal award. The receiver or subrecipient ought to not encumber the equipment devoid of prior approval on the Federal company or pass-by entity.

(five) Implements a software for just a community intent laid out in authorizing statute, as opposed to providing items or expert services for the advantage of the go-by way of entity.

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(1) Is utilized to enter right into a romantic relationship, the principal objective of which can be to transfer everything of value to execute a public objective licensed by a regulation of The usa (see 31 U.

(e) The documents for method income attained after the period of functionality should be retained for 3 decades in the finish in the receiver's or subrecipient's fiscal yr during which the program earnings is attained.

The applicant's record of controlling past and present Federal awards, which include compliance with reporting demands and conformance for the stipulations of Federal awards, if relevant;

(4) Take care of audit findings specifically connected to the subaward. On the other hand, the move-by means of entity is not chargeable for resolving cross-cutting audit conclusions that utilize for the subaward together with other Federal awards or subawards. If a subrecipient incorporates a present Single Audit report and has not been excluded from getting Federal funding (this means, has not been debarred or suspended), the go-via entity may well trust in the subrecipient's cognizant agency for audit or oversight company more info for audit to perform audit comply with-up and make administration decisions associated with cross-chopping audit results in accordance with portion § two hundred.

(two) The Federal agency have to notify OMB of any permitted deviations. The receiver or subrecipient may possibly notify OMB of any disputes with Federal agencies relating to the application of a federally negotiated oblique Expense charge.