75 cash for Dummies
75 cash for Dummies
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(e) The HHS awarding company might, at its option, prohibit the transfer of resources between immediate Price groups or programs, capabilities and things to do for Federal awards through which the Federal share from the project exceeds the Simplified Acquisition Threshold as well as the cumulative quantity of these types of transfers exceeds or is expected to exceed ten per cent of the overall budget as last permitted via the HHS awarding company.
(one) Certain circumstances involve special thought and feasible limits in determining allowable personnel compensation expenditures under Federal awards. Among such problems are the subsequent:
The HHS awarding company need to incorporate the following information and facts in the complete textual content of every funding opportunity. For precise Guidelines within the written content essential On this section, confer with appendix I of the part.
(3) Each HHS awarding company that considers generating a Federal award for the non-Federal entity during that five year interval must take into consideration that facts in judging whether the non-Federal entity is capable to get the Federal award when the whole Federal share from the Federal award is predicted to include an quantity of Federal funding in surplus of the simplified acquisition threshold around the period of performance;
(b) Additionally, for aggressive grants or cooperative agreements, the HHS awarding company needs to have set up a framework for assessing the hazards posed by applicants right before they acquire Federal awards. This analysis may perhaps incorporate benefits on the analysis on the applicant's eligibility or the standard of its application.
Charge changes need to be made by the cognizant company for oblique expenses if an IHE fails to adjust to the price insurance policies During this section or fails to regularly comply with its established or disclosed Expense accounting tactics when estimating, accumulating or reporting The prices of Federal awards, and the mixture Price tag effect on Federal awards is product. The price adjustment must Usually be manufactured on an combination basis for all impacted Federal awards via an adjustment in the IHE's long run File&A expenses charges or other suggests regarded ideal from the cognizant agency for indirect charges.
implies expenses incurred for a common or joint purpose benefitting more than one cost objective, instead of conveniently assignable to the associated fee goals specially benefitted, with no energy disproportionate to the outcomes accomplished. To aid equitable distribution of oblique expenses to the expense aims served, it could be important to ascertain several pools of oblique (F&A) charges.
(2) Are unallowable given that they will not be allocable on the Federal award(s), need to be altered, or maybe a refund need to be produced, in accordance with the requirements of this part. These changes or refunds are built to accurate the proposals utilized to establish the prices and do not constitute a reopening of the rate negotiation.
(1) The best on the HHS awarding company or pass-by way of entity to disallow prices and Recuperate funds on The idea of the later audit or other assessment.
(i) Indirect expenditures on Federal awards for training are restricted to a set rate of 8 get more info % of MTDC exclusive of tuition and related charges, direct expenditures for products, and subawards in surplus of $25,000;
(one) Costs to Federal awards for salaries and wages must be based on documents that accurately mirror the do the job carried out. These documents should:
(one) Aside from grants for research, any system profits gained by a Federal institution has to be utilised beneath the deduction choice. Any application income attained following the conclusion of grant support ought to be returned to The usa Treasury.
(d) The non-Federal entity have to instantly refund any balances of unobligated cash which the HHS awarding company or move-as a result of entity paid ahead of time or paid out and that aren't licensed for being retained with the non-Federal entity to be used in other jobs.
(4) When buying substitute equipment, the non-Federal entity may well make use of the equipment to get replaced for a trade-in or market the property and utilize the proceeds to offset the price of the replacement residence topic towards the acceptance from the HHS awarding agency.