means an auditor that's a general public accountant or perhaps a Federal, Point out, local governing administration, or Indian Tribe audit organization that satisfies the general benchmarks specified for exterior auditors in usually approved governing administration auditing requirements (GAGAS). The phrase auditor would not involve internal auditors of nonprofit companies.
Charges incurred or paid out by a Condition or area government on behalf of As well as in immediate gain to its IHEs are allowable. These charges involve but aren't restricted to fringe reward applications including pension costs and Federal Insurance policies Contributions Act (FICA) charges.
(twelve) Council of governments, whether or not incorporated to be a nonprofit Company under State law; and
(4) Telecommunications or video clip surveillance equipment or expert services created or provided by an entity which the Secretary of Defense, in consultation With all the Director of your Nationwide Intelligence or maybe the Director from the Federal Bureau of Investigation, reasonably believes for being an entity owned or managed by, or otherwise linked to, The federal government of the covered international state;
implies a grouping of carefully linked courses that share popular compliance specifications. The types of clusters of systems are study and improvement (R&D), student money support (SFA), and other clusters. “Other clusters” are outlined by OMB in the compliance complement or designated by a Condition for Federal awards the State delivers to its subrecipients that satisfy the definition of the cluster of applications.
(6) Specifying merely a “brand name name” item as an alternative to letting “an equal” merchandise to become provided and describing the efficiency or other relevant requirements of the procurement; and
(a) Contingency provisions are part of a budget estimate of long term prices (ordinarily of enormous development jobs, IT units, or other goods authorised through the Federal 200 loan agency) which are associated with feasible activities or situations arising from causes for which the exact final result is indeterminable at the time of estimate and which have been more likely to final result, within the combination, in extra fees to the authorized action or job.
(four) The procurement is predicted to exceed the simplified acquisition threshold, and also a sealed bid procurement is always to be awarded to an entity other than the apparent very low bidder; or
(h) The method useful for deciding the worth of donated equipment, buildings, and land for which title passes to your receiver or subrecipient may perhaps differ in accordance with the following:
(b) Expenditures or costs based on believed prices for contracts underneath the Federal award are allowable only into the extent that The prices incurred or Expense estimates A part of negotiated prices could be allowable for the receiver or subrecipient beneath subpart E of the element.
(4) If a recipient or subrecipient establishes or converts to an actuarial Expense approach and funds PRHP expenditures in accordance with this process, the initial unfunded liability attributable to prior many years is allowable if amortized over a duration of yrs in accordance with GAAP, or, if no these GAAP period exists, above a period negotiated with the cognizant company for oblique fees.
(eight) A payment have to not be manufactured to the receiver or subrecipient for amounts which the recipient or subrecipient withholds from contractors to assure satisfactory completion of labor.
(1) Provisions to get a reserve beneath a self-coverage application for unemployment payment or workers' compensation are allowable on the extent that the provisions characterize sensible estimates of your liabilities for these types of payment and the types of protection, the extent of protection, and prices and rates would've been allowable had insurance been procured to cover the dangers.
The Federal company or move-by means of entity may possibly take the receiver's or subrecipient's bonding policy and needs for building or facility enhancement contracts or subcontracts exceeding the simplified acquisition threshold.