usually means a cost aim that has allocated to it each immediate and oblique expenditures and, inside the recipient's or subrecipient's accumulation technique, is probably the ultimate accumulation factors, including a specific award, inside venture, or other immediate exercise of a recipient or subrecipient. See also the definitions of Value objective

Until the Federal agency expressly authorizes an arrangement, a receiver or subrecipient have to follow its prepared guidelines and methods in regards to the permissible extent of professional products and services that can be supplied exterior the receiver or subrecipient for non-organizational payment.

(three) A charitable Business located in a rustic other than America that may be nonprofit and tax-exempt under the rules of the country where by it can be registered and isn't a College, higher education, accredited degree-granting establishment of instruction, non-public Basis, hospital, an organization engaged solely in exploration or scientific pursuits, church, synagogue, mosque or other very similar entities arranged mainly for spiritual reasons; or

(xii) Aid Listings title and selection; the move-as a result of entity must detect the dollar total designed offered less than Every single Federal award and the Assistance Listings Selection at time of disbursement;

(one) The Federal agency must establish and manage procedures and processes for conducting a possibility assessment To guage the dangers posed by applicants ahead of issuing Federal awards. This evaluation assists recognize challenges that could have an affect on the progression toward or even the accomplishment of a challenge's objectives and objectives. Chance assessments guide Federal managers in figuring out acceptable methods and time to commit to challenge oversight and keep track of recipient progress.

The Federal company may only use application information and facts collections authorized by OMB beneath the Paperwork Reduction Act of 1995 and OMB's implementing polices in five CFR component 1320 and in alignment with OMB-accredited, govt-broad knowledge things accessible with the OMB-specified criteria guide.

It isn't generally doable to specify the types of charges Which may be labeled as oblique prices for nonprofit organizations a result of the diversity of their accounting methods. The association of a price having a Federal award may be the analyzing Consider distinguishing direct from oblique expenditures.

All activities which get pleasure from the receiver's or subrecipient's oblique Expense, like unallowable things to do and donated solutions with the recipient or here subrecipient or 3rd parties, will receive an proper allocation of indirect fees.

When a recipient or subrecipient transfers title into the home to your Federal company or 3rd party selected or accredited by the Federal agency, the receiver or subrecipient is entitled for being paid out an amount calculated by multiplying the percentage in the recipient's or subrecipient's contribution to the first obtain of the real assets (and price of any improvements) by The existing honest sector price of the assets.

The receiver or subrecipient is inspired to make revenue to defray program expenses when proper. Method profits should be utilized for the original goal from the Federal award. System cash flow acquired over the duration of overall performance may possibly only be useful for prices incurred throughout the period of efficiency or allowable closeout charges.

indicates details that can be utilised to differentiate or trace an individual's identification, both by yourself or when coupled with other private or pinpointing information and facts that may be linked or linkable to a certain unique. Some PII is obtainable in community sources for instance phone guides, Web sites, and university listings.

means enough time interval amongst the beginning and end date of a Federal award, which may include a number of budget periods.

A price is affordable if it does not exceed an sum that a prudent human being would incur beneath the instances prevailing when the choice was made to incur the cost. In identifying the reasonableness of a supplied Expense, thought have to be presented to the next:

usually means a facility licensed like a clinic underneath the law of any State or possibly a facility operated to be a hospital by the United States, a Condition, or possibly a subdivision of the Point out.