(1) The recipient or subrecipient may use a time-and-materials style agreement only after a resolve that no other agreement is suitable and if the agreement features a ceiling value which the contractor exceeds at its individual possibility.

(a) Bonding prices arise when the Federal agency necessitates assurance versus economical decline to alone or others on account of an act or default of your recipient or subrecipient.

(2) Through the Federal company or pass-by entity Along with the consent of your receiver or subrecipient, wherein scenario The 2 get-togethers ought to concur on the termination disorders. These circumstances incorporate the productive day and, in the situation of partial termination, the portion to become terminated;

The Federal agency ought to announce specific funding opportunities for Federal financial aid that may be brazenly competed. The phrase openly competed suggests opportunities that are not directed to a number of particularly determined applicants. For the extent probable, the Federal company must communicate chances to the general public in basic language to ensure the announcement is accessible to various communities of eligible applicants, including underserved communities.

(9) The Federal agency or pass-by way of entity have to not involve separate depository accounts for money supplied on the receiver or subrecipient or build any eligibility necessities for depositories.

(ii) Measuring The prices of irregular or mass severance pay back by way of an accrual strategy will never obtain equity for both equally functions. As a result, accruals are certainly not allowable.

(one) The only real foundation for the resolve is definitely the applicant's prior record of efficiency on administering Federal awards or its history of integrity and small business ethics, as explained in § 200.

(e) If the Value signifies a deviation within the receiver's or subrecipient's set up penned policies and procedures for incurring costs.

(ii) Investigate results publicly cited by a Federal company in developing an company action which includes the power and outcome of legislation.

(b) Expenditures or selling prices dependant on approximated costs for contracts underneath the Federal award are allowable only to the extent that The prices here incurred or Charge estimates included in negotiated prices would be allowable for the receiver or subrecipient beneath subpart E of the part.

(8) Government Summary. A brief description which is penned in plain language and summarizes the ambitions and targets of This system, the target market, and eligible applicants. The text of The manager summary must not exceed 500 words; and

(d) In utilizing the prohibition less than portion 889 of Public Law 115-232, heads of executive organizations administering loan, grant, or subsidy programs must prioritize accessible funding and complex aid to aid influenced firms, institutions, and companies as is fairly necessary for These affected entities to changeover from lined telecommunications products or providers, to acquire alternative tools or solutions, and to make certain that communications services to users and consumers is sustained.

(ii) The very best obtainable interest-bearing account would not reasonably be expected to make interest in excess of $five hundred per year on Federal funds balances;

The recipient and subrecipient are to blame for the oversight of the Federal award. The receiver and subrecipient need to keep track of their pursuits beneath Federal awards to guarantee These are compliant with all needs and Conference performance anticipations.