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(b) A performance bond on the Element of the contractor for one hundred pc in the contract price tag. A “functionality bond” is just one executed in reference to a deal to safe fulfillment of every one of the contractor's obligations below this kind of agreement.(two) The knowledge will likely be accessible inside the OMB-selected integrity and effectiveness process for your duration of five years with the date from the termination, then archived;
(3) Where by The prices incurred surface unreasonable and do not mirror the steps a prudent person would acquire during the situation.
Procurement by noncompetitive proposals is procurement as a result of solicitation of a proposal from just one supply and could be made use of only when one or more of the next instances implement:
When procuring house and expert services below a Federal award, a point out ought to Adhere to the identical policies and methods it employs for procurements from its non-Federal funds.
(five) Will not be paid out with the Federal Authorities beneath An additional Federal award, besides where the Federal statute authorizing a program particularly offers that Federal money manufactured readily available for these program can be placed on matching or cost sharing necessities of other Federal courses;
(b) Also, for competitive grants or cooperative agreements, the HHS awarding agency must have in position a framework for assessing the dangers posed by applicants prior to they get Federal awards. This analysis may possibly incorporate final results in the analysis with the applicant's eligibility or the caliber of its software.
(a) Bonding prices arise in the event the HHS awarding agency calls for assurance in opposition to monetary loss to itself or Other individuals by rationale on the act or default from the non-Federal entity.
(two) If the objective of the Federal award is usually to guidance things to do that have to have the use of apparatus, buildings or land, Commonly only depreciation prices for gear and properties could be made.
(b) It's permissible for contingency quantities aside from These excluded in paragraph (a) of this portion being explicitly A part of funds estimates, for the extent They may be necessary to Enhance the precision of Those people estimates. Amounts have to be estimated utilizing broadly-approved Value estimating methodologies, laid out in the spending budget documentation on the Federal award, and recognized by the HHS awarding more info agency.
(2) The non-Federal entity shall obtain composed approval with the HHS awarding company for the usage of actual assets in other federally-sponsored tasks in the event the receiver decides that the home is no more required for the goal of the original job. Use in other projects shall be limited to Individuals below federally-sponsored projects (
An IHE that receives mixture Federal awards totaling $fifty million or even more subject to this section throughout its most lately completed fiscal calendar year must disclose their Charge accounting procedures by submitting a Disclosure Assertion (DS-2), which is reproduced in appendix III to aspect seventy five.
Unless if not permitted by OMB, the HHS awarding agency may well solicit only the conventional, OMB-accredited governing administration-broad details components for assortment of monetary info (at time of publication the Federal Fiscal Report or these types of future collections as can be accredited by OMB and detailed to the OMB Internet site). This info must be collected Using the frequency essential because of the conditions and terms with the Federal award, but no a lot less frequently than every year nor extra often than quarterly besides in strange conditions, for instance wherever additional Repeated reporting is needed for the powerful monitoring on the Federal award or could appreciably have an affect on method results, and ideally in coordination with functionality reporting.
usually means the Federal agency specified to perform the tasks explained in § seventy five.513(a). The cognizant company for audit will not be essentially the same as the cognizant company for oblique expenditures. A listing of cognizant agencies for audit could possibly be discovered on the FAC Web page.