(a) The receiver or subrecipient ought to complete a value or price Evaluation for every procurement transaction, together with contract modifications, in excessive from the simplified acquisition threshold. The strategy and diploma of research done depend upon the info bordering The actual procurement transaction.

The receiver or subrecipient need to keep information enough to element the record of each procurement transaction. These information need to involve the rationale for the procurement technique, deal kind range, contractor collection or rejection, and The premise for that contract price tag.

(e) Volunteer providers furnished by third-occasion Skilled and technological personnel, consultants, and other labor can be counted as Price tag sharing When the service is needed for the program. Costs for third-occasion volunteer services need to be in step with those compensated for very similar work from the receiver or subrecipient.

(i) When a receiver or subrecipient uses the money foundation of accounting, the expense of leave is regarded while in the interval the leave is taken and paid for.

(three) IHEs could give workers tuition waivers or reductions, supplied which the benefit will not discriminate in favor of highly compensated workforce.

implies a questioned Price tag especially recognized via the auditor. Identified questioned charges can be a subset of probable questioned costs.

implies the Federal company designated to perform the tasks described in § 200.513(a). The cognizant company for audit isn't automatically similar to the cognizant agency for oblique prices.

(two) In the time that gear is utilised about the challenge or program for which it was acquired, the recipient or subrecipient need to also make the products accessible for use on other packages or tasks supported because of the Federal Authorities, furnished that these kinds of use will not likely interfere Using the purpose for which it had been initially obtained. Initially preference for other use from the gear should be offered to other systems or assignments supported with the Federal agency that financed the equipment.

The receiver or subrecipient have to award contracts only to accountable contractors that have the opportunity to carry out effectively under the conditions and terms of a proposed deal. The recipient or subrecipient will have to take into consideration contractor integrity, public policy compliance, good classification of personnel (begin to see the Truthful Labor Standards Act, 29 U.

All functions which take advantage of the recipient's or subrecipient's indirect Charge, which includes unallowable actions and donated solutions through the receiver or subrecipient or 3rd functions, will get an correct allocation of oblique costs.

(one) Is sensible for your services rendered and conforms to the recognized composed coverage from the receiver or subrecipient constantly placed on both of those Federal and non-Federal functions;

for recipients and subrecipients means procedures made and get more info executed by recipients and subrecipients to deliver realistic assurance regarding the accomplishment of aims in the next groups:

(file) For the extent consistent with set up procedures and lawful demands relevant for the receiver or subrecipient, this subpart doesn't prohibit recipients or subrecipients from acquiring prepared treatments for procurement transactions that incorporate a scoring mechanism that benefits bidders that decide to particular figures and kinds of U.S. Work opportunities, least payment, Rewards, on-the-career-coaching for employees building work products or offering expert services on a contract, along with other worker protections.

The Federal company or go-by means of entity could take the receiver's or subrecipient's bonding coverage and needs for construction or facility advancement contracts or subcontracts exceeding the simplified acquisition threshold.