The combination volume of the procurement transaction would not exceed the micro-order threshold defined in § two hundred.1. Towards the extent practicable, the recipient or subrecipient ought to distribute micro-buys equitably amongst certified suppliers.
(b) Individual departments typically charge Federal awards for indirect prices by means of an indirect Price tag fee. A different indirect Value level proposal for each running Division is frequently necessary to assert oblique charges beneath Federal awards. Oblique expenses include things like:
(12) Council of governments, if incorporated as a nonprofit Company below State regulation; and
Other than where otherwise authorized by statute, expenditures have to satisfy the subsequent criteria for being allowable below Federal awards:
Micro-buys could possibly be awarded with out soliciting competitive cost or fee quotations When the receiver or subrecipient considers the value acceptable based on investigate, knowledge, purchase history, or other info; and maintains files to support its conclusion. Buy playing cards may very well be employed for a technique of payment for micro-purchases.
The whole expense of a Federal award is definitely the sum of your allowable immediate and allocable oblique expenses minus any relevant credits
It isn't often doable to specify the kinds of prices That could be labeled as oblique expenditures for nonprofit businesses because of the diversity of their accounting practices. The association of a price that has a Federal award could be the determining Think about distinguishing immediate from indirect prices.
(one) The sole basis for your perseverance may be the applicant's prior record of effectiveness on administering Federal awards or its file of integrity and business ethics, as described in § two hundred.
(2) Increase or renew a agreement to obtain or receive included telecommunications devices read more or providers; or
(eleven) The receiver or subrecipient have to retain progress payments of Federal cash in desire-bearing accounts unless amongst the subsequent applies:
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When appropriate for the procurement or use of prevalent or shared products and products and services, recipients and subrecipients are inspired to enter into Condition and native intergovernmental agreements or inter-entity agreements for procurement transactions.
A price is affordable if it does not exceed an volume that a prudent individual would incur beneath the conditions prevailing when the choice was built to incur the cost. In identifying the reasonableness of a given Price, thing to consider should be provided to the next:
Some nonprofit organizations, as a consequence of their sizing and mother nature of functions, is often thought of as just like for-revenue organizations with regards to the applicability of Price principles. These nonprofit companies must function less than Federal Price tag rules that utilize to for-gain businesses Situated at forty eight CFR 31.