New Step by Step Map For 75 cash

(one) Putting qualified tiny and minority firms and ladies's business enterprise enterprises on solicitation lists;

(l) The type of procuring devices used must be determined by the receiver but shall be suitable for The actual procurement and for promoting the very best desire of This system or venture involved.

implies the Federal awarding agency that gives the predominant degree of funding straight to a non-Federal entity not assigned a cognizant agency for audit. When there isn't any immediate funding, the Federal awarding agency which is the predominant source of pass-by way of funding must believe the oversight responsibilities.

(2) Withholding authority to commence to the subsequent section right until receipt of evidence of satisfactory efficiency in just a supplied duration of general performance;

implies tangible particular home (like information engineering units) getting a handy life of more than one calendar year as well as a for each-device acquisition Price which equals or exceeds the lesser of your capitalization amount proven from the non-Federal entity for financial assertion purposes, or $five,000.

(i) Cite by variety the statutory or regulatory provisions necessitating the assurances and affirm that it gives the assurances expected by All those provisions,

(vii) Help the distribution of the worker's wage or wages among distinct actions or Charge goals if the worker will work on more than one Federal award; a Federal award and non-Federal award; an oblique Expense exercise plus a direct Value action; two or more oblique routines which are allotted utilizing distinctive allocation bases; or an unallowable action and a immediate or indirect Price tag action.

(b) A performance bond within the Section of the contractor for one hundred pc of the contract price tag. A “general performance bond” is one executed in connection with a agreement to safe fulfillment of all the contractor's obligations below this sort of deal.

The prices incurred by a non-Federal entity to Get well incorrect payments are allowable as either immediate or oblique charges, as acceptable. Amounts gathered may very well be utilized by the non-Federal entity here in accordance with cash management expectations established forth in § 75.305.

indicates the ending of a Federal award, in whole or partially Anytime previous to the prepared conclude of period of efficiency.

signifies penned approval by an authorized HHS official evidencing prior consent in advance of a receiver undertakes particular pursuits or incurs precise costs.

The HHS awarding company or pass-through entity will shut-out the Federal award when it determines that all applicable administrative steps and all demanded function of the Federal award have been concluded by the non-Federal entity.

(three) Costs allowed for business enterprise interruption or other equivalent insurance plan will have to exclude coverage of administration costs.

As well as the basic things to consider regarding the allowability of expenditures highlighted In this particular subtitle, other subtitles Within this portion explain Specific concerns and requirements relevant to states, regional governments, Indian tribes, and IHEs.