(a) Contingency is the fact Section of a price range estimate of potential prices (ordinarily of huge construction projects, IT devices, or other merchandise as approved by the HHS awarding agency) that's related to feasible activities or circumstances arising from results in the precise end result of which is indeterminable at some time of estimate, and that experience displays will likely consequence, in combination, in supplemental expenditures for that accepted activity or task.
(six) Key Dates. Key dates involve owing dates for purposes or Executive Purchase 12372 submissions, along with for just about any letters of intent or pre-purposes. For any announcement issued ahead of a method's application materials are offered, important dates also include things like the day on which These products will likely be unveiled; and any other extra data, as deemed applicable because of the suitable HHS awarding agency.
(b) Conform to any constraints or exclusions set forth in these concepts or while in the Federal award regarding styles or level of cost products.
(b) If relevant, the HHS awarding company may tell applicants and recipients that they don't will need to deliver particular data if not needed because of the pertinent information and facts selection.
(3) The value of donated Room will have to not exceed the fair rental worth of equivalent space as proven by an unbiased appraisal of comparable Area and services inside of a privately-owned developing in precisely the same locality.
(ii) The accrual basis may be only employed for people sorts of depart for which a liability as defined by GAAP exists in the event the go away is acquired. Every time a non-Federal entity works by using the accrual foundation of accounting, allowable depart expenses will be the lesser of the quantity accrued or funded.
Proceeds through the sale of true home, tools, or supplies, aren't program income; these types of proceeds are going to be managed in accordance with the necessities of subpart D of this part, §§ seventy five.
, the entity was determined to become competent depending on all elements aside from All those two benchmarks), and
(2) PRHP fees calculated using an actuarial Charge approach regarded by GAAP are allowable When they are funded for that year within just 6 months following the close of that year. Fees funded following the 6 month period of time (or perhaps a later interval agreed to via the cognizant company) are allowable during the 12 months funded. The Federal cognizant agency for indirect charges may perhaps agree to an extension in the 6 website thirty day period period if an suitable adjustment is manufactured to compensate for that timing of the fees towards the Federal Federal government and linked Federal reimbursements as well as non-Federal entity's contributions towards the PRHP fund.
An IHE that receives mixture Federal awards totaling $fifty million or maybe more subject to this element during its most lately accomplished fiscal 12 months must disclose their Price accounting tactics by filing a Disclosure Assertion (DS-two), which can be reproduced in appendix III to aspect seventy five.
suggests the fiscal plan for the challenge or method which the Federal awarding agency or go-by entity approves over the Federal award approach or in subsequent amendments to your Federal award.
(one) A written need or published assertion by one of the events to a Federal award in search of for a matter of proper:
(5) The unamortized part of any gear penned off on account of a adjust in capitalization amounts may be recovered by continuing to assert the normally allowable depreciation within the gear, or by amortizing the quantity to get composed off more than a duration of several years negotiated With all the Federal cognizant agency for oblique Expense.
(4) Costs of insurance plan about the lives of trustees, officers, or other staff members holding positions of comparable obligations are allowable only to the extent which the insurance policy represents added compensation (see § seventy five.