(a) This portion delivers principles for being utilized in developing the allowability of specified goods associated with identifying Expense, Along with other prerequisites of this subpart. These principles use whether or not a certain Charge merchandise is adequately dealt with being a direct or indirect Price tag.
The subsequent is an index of definitions of vital terms routinely Employed in two CFR section 200. Definitions present in Federal statutes or rules that implement to unique applications get precedence around the subsequent definitions.
The entire cost of a Federal award may be the sum on the allowable immediate and allocable oblique expenditures minus any applicable credits
indicates a payment that a Federal agency or move-as a result of entity will make by any appropriate payment system and payment method prior to the receiver or subrecipient disburses the funds for method needs.
(a) Awards to states, community governments, and Indian Tribes in many cases are applied at the extent of department in the Point out, nearby govt, or Indian Tribe. A central support Price tag allocation plan is proven to permit these types of department to say a percentage of centralized service expenditures more info which can be incurred in proportion to your award's routines.
(six) Specifying just a “model title” product or service instead of making it possible for “an equal” item to become provided and describing the overall performance or other related specifications from the procurement; and
(3) Study facts indicates the recorded factual product generally approved during the scientific community as necessary to validate analysis conclusions. Study information doesn't include things like any of the next:
(a) Whether the Price is normally recognized as normal and necessary for the recipient's or subrecipient's Procedure or the right and efficient performance of your Federal award;
This can be a procurement system utilized when circumstances are certainly not appropriate for applying sealed bids. This procurement method may end in both a fixed-rate or Value-reimbursement deal. They're awarded in accordance with the subsequent necessities:
(eleven) The recipient or subrecipient must manage advance payments of Federal resources in curiosity-bearing accounts Unless of course one of the next applies:
(two) Increase or renew a agreement to procure or acquire covered telecommunications machines or products and services; or
put up-retirement wellness Positive aspects) are allowable in the calendar year of payment offered that the recipient or subrecipient follows a constant costing policy.
usually means time interval between the beginning and finish date of a Federal award, which can contain a number of funds durations.
The prices of certain actions usually are not allowable as fees to Federal awards. While these prices are unallowable, they have to be treated as immediate charges for needs of deciding indirect Price prices and become allotted their equitable share from the recipient's or subrecipient's indirect fees if they represent activities which: