(a) The receiver or subrecipient should complete a price or value Assessment For each procurement transaction, which include deal modifications, in extra from the simplified acquisition threshold. The method and degree of study performed depend upon the facts surrounding The actual procurement transaction.
The receiver's or subrecipient's contracts will have to comprise the applicable provisions explained in Appendix II of the component.
indicates, for purposes of § 200.330 or when used in connection with the acquisition or advancement of genuine house, gear, or supplies beneath a Federal award, the dollar amount that is the products with the:
The Federal company must announce particular funding prospects for Federal economic guidance that can be brazenly competed. The time period overtly competed means chances that aren't directed to a number of specifically recognized applicants. For the extent doable, the Federal company should connect possibilities to the public in simple language to ensure the announcement is accessible to various communities of suitable applicants, such as underserved communities.
Payments created for expenses decided to generally be unallowable by possibly the awarding Federal agency, cognizant agency for indirect charges, or pass-by means of entity need to be refunded with fascination on the Federal Governing administration.
implies a questioned Price tag precisely recognized via the auditor. Identified questioned click here fees are a subset of probably questioned expenditures.
(two) Costs of communicating with the general public and press about unique actions or accomplishments which result from your effectiveness on the Federal award (these prices are considered required as Element of the outreach effort for your Federal award); or
. The notification within the Federal agency into the applicant also needs to offer a transient explanation for the determination;
(h) The strategy utilized for identifying the value of donated gear, properties, and land for which title passes to the receiver or subrecipient might differ according to the pursuing:
(i) The receiver or subrecipient has did not comply with the conditions and terms with the Federal award; or
The applicant's document of handling prior and present-day Federal awards, such as compliance with reporting needs and conformance for the stipulations of Federal awards, if applicable;
The Federal company must not allow a transfer of money that would cause any Federal appropriation for use for purposes aside from Individuals in line with the appropriation.
(iv) Making use of agreements intended to make sure uninterrupted delivery of services; using agreements intended to ensure Group Gains; or
Official procurement strategies are demanded when the value in the procurement transaction underneath a Federal award exceeds the simplified acquisition threshold of the recipient or subrecipient. Formal procurement strategies are competitive and involve community notice.