implies a Federal financial loan or loan promise acquired or administered by a receiver or subrecipient, apart from as employed In this particular portion's definition of program revenue.
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(12) Council of governments, whether incorporated being a nonprofit Company underneath Condition regulation; and
(four) A company situated in a rustic in addition to The usa not recognized like a overseas community entity.
(4) The procurement is predicted to exceed the simplified acquisition threshold, and a sealed bid procurement is usually to be awarded to an entity apart from the obvious lower bidder; or
The mixture dollar quantity of the procurement transaction is larger than the micro-invest in threshold but would not exceed the simplified acquisition threshold. If simplified acquisition strategies are made use of, price tag or charge quotations has to be acquired from an suitable variety of experienced resources.
(ii) Trade secrets and techniques, business data, products necessary to be held private by a researcher right up until They're printed, or related information and facts that's secured less than regulation; and
Incentive compensation to staff determined by Charge reduction, efficient efficiency, suggestion awards, or safety awards is allowable to your extent that the overall compensation is determined being fair and these expenditures are paid out or accrued As outlined by an settlement entered into in very good faith concerning the receiver or subrecipient and the workers before the providers were being rendered, or according to an established plan accompanied by the recipient or website subrecipient so consistently concerning indicate, in impact, an agreement to generate this sort of payment.
Proceeds through the sale of genuine house, equipment, or provides. The proceeds needs to be handled in accordance with the requirements on the Property Expectations of §§ two hundred.
(nine) The Federal agency or pass-via entity have to not have to have different depository accounts for money delivered to your receiver or subrecipient or create any eligibility prerequisites for depositories.
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(b) Conform to any restrictions or exclusions set forth in these rules or while in the Federal award regarding styles or quantity of Value merchandise.
Subparts B by D established forth the uniform administrative demands for Federal economical support. This includes developing specifications for Federal companies management of Federal financial guidance packages before a Federal award is manufactured, and necessities that Federal agencies may well impose on recipients and subrecipients throughout the lifecycle of a Federal award.
means an entity that gets a Federal award directly from a Federal company to execute an activity beneath a Federal program. The phrase recipient isn't going to include things like subrecipients or people that happen to be participants or beneficiaries in the award.