The Federal company could modify the risk evaluation at any time during the period of efficiency, which may justify changes to the terms and conditions with the Federal award. See § 200.208.
A deal is for the goal of getting items and expert services to the receiver's or subrecipient's use and produces a procurement romance that has a contractor. See the definition of contract
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(a) All procurement transactions beneath the Federal award needs to be carried out inside a fashion that gives entire and open Competitiveness and is also in step with the criteria of the area and § 200.320.
(one) The worth of donated land and structures will have to not exceed its reasonable market benefit at the time of donation on the receiver or subrecipient as founded by an independent appraiser (as an example, certified serious assets appraiser or General Providers Administration representative) and Accredited by a liable Formal of your receiver or subrecipient as required by the Uniform Relocation Aid and Genuine Property Acquisition Insurance policies Act of 1970, as amended, (42 U.
The receiver or subrecipient need to sustain information ample to detail the history of each and every procurement transaction. These data should consist of the rationale for your procurement technique, agreement form collection, contractor range or rejection, and the basis for the deal cost.
Federal companies might not area limitations over the recipient or subrecipient that limit community usage of the information on 200 cash the recipient or subrecipient pertinent to a Federal award, apart from protected Individually identifiable facts (PII) or other sensitive information when the Federal company can exhibit that this sort of data might be kept private and would have been exempted from disclosure pursuant to the liberty of Information Act (5 U.S.C. 552) or managed unclassified info pursuant to Government Order 13556 if the information experienced belonged to the Federal company.
The Federal agency's or move-through entity's rights of entry are not limited to the needed retention period of this aspect but previous so long as the information are retained. Federal businesses or move-via entities will have to not impose every other accessibility demands on recipients and subrecipients.
(i) Learns that any of that information and facts is faulty, the Federal agency must accurate the data while in the system inside of a few enterprise days;
(3) Dividing procurement transactions into separate procurements to allow most participation by these business enterprise sorts;
(g) The recipient or subrecipient must not generate or retain any profit resulting from Federal financial aid unless explicitly authorized through the conditions and terms with the Federal award.
(2) The prices of central governmental products and services distributed in the central company Price tag allocation system and never if not handled as immediate expenditures.
The recipient or subrecipient is to blame for identifying and documenting an appropriate micro-invest in threshold depending on interior controls, an evaluation of possibility, and its documented procurement methods. The micro-purchase threshold utilized by the receiver or subrecipient should be approved or not prohibited below State, neighborhood, or tribal guidelines or laws.
Prices incurred or paid out by a Condition or nearby government on behalf of and in direct reward to its IHEs are allowable. These prices contain but are usually not restricted to fringe benefit systems for instance pension costs and Federal Insurance policy Contributions Act (FICA) expenditures.