usually means an entity during which greater than fifty percent from the entity is owned or managed right by a mother or father corporation or as a result of One more subsidiary of the mother or father Company.
(E) The recipient or subrecipient should doc and supply a justification for all bids it rejects.
(four) When acquiring substitute tools, the recipient or subrecipient may possibly either trade-in or offer the equipment and utilize the proceeds to offset the price of the substitution machines.
(three) Notwithstanding the encouragement in § two hundred.307 to earn software profits, the receiver or subrecipient should not use equipment obtained Together with the Federal award to offer companies for just a price that is certainly below A non-public enterprise would charge for very similar solutions Except precisely licensed by Federal statute.
(A) The technique for establishing the estimates produces acceptable approximations with the exercise carried out;
(ii) Measuring The prices of irregular or mass severance shell out through an accrual method will never achieve equity for the two parties. Thus, accruals usually are not allowable.
Incentive compensation to workforce based upon cost reduction, successful overall performance, recommendation awards, or protection awards is allowable towards the extent that the overall compensation is set being affordable and these kinds of expenditures are paid or accrued Based on an arrangement entered into in fantastic religion in between the receiver or subrecipient and the staff prior to the solutions were being rendered, or according to an established program followed by the receiver or subrecipient so persistently concerning suggest, in impact, an agreement to create these kinds of payment.
When A part of the conditions and terms of the Federal award, the Federal company might allow the receiver to keep devices, or authorize a move-by means of entity to permit the subrecipient to retain equipment, with no further more obligation to the Federal Authorities unless prohibited by Federal statute or regulation.
(ii) here Exploration results publicly cited by a Federal company in creating an company action that has the pressure and impact of regulation.
(4) In the event the recipient or subrecipient cannot fulfill the standards for advance payments as well as the Federal agency or move-by entity has determined that reimbursement isn't possible as the recipient or subrecipient lacks adequate Doing the job cash, the Federal agency or pass-by entity may possibly provide hard cash over a Doing work capital progress foundation. Under this process, the Federal company or move-by means of entity need to progress income payments towards the receiver or subrecipient to protect its estimated disbursement desires for an Original time period generally aligned to your receiver's or subrecipient's disbursing cycle.
signifies a payment that should not happen to be built or that was produced in an incorrect amount less than statutory, contractual, administrative, or other legally relevant specifications. The expression incorrect payment includes: any payment to an ineligible receiver; any payment for an ineligible excellent or company; any replicate payment; any payment for a good or provider not acquired, aside from People payments where approved by legislation; any payment that's not approved by regulation; and any payment that doesn't account for credit score for applicable discounts. See OMB Circular A-123 Appendix C, Specifications for Payment Integrity Enhancement
implies all essential and used study actions and all progress routines executed by a recipient or subrecipient. The expression investigate also involves routines involving the education of people in exploration procedures where such functions use the identical facilities as other study and improvement routines and exactly where this sort of activities aren't included in the instruction function.
Pension system charges incurred in accordance Using the proven created insurance policies on the recipient or subrecipient are allowable, furnished that:
The recipient or subrecipient may perhaps create a threshold greater than the micro-acquire threshold identified inside the Significantly in accordance with the requirements of this portion. The recipient or subrecipient may self-certify a threshold as many as $50,000 on an annual foundation and will have to keep documentation to be manufactured accessible to the Federal agency or pass-by entity and auditors in accordance with § 200.