(a) Title to intangible property acquired less than a Federal award vests upon acquisition while in the recipient or subrecipient. The recipient or subrecipient must use that intangible assets for the originally licensed function and ought to not encumber the property without the acceptance of your Federal agency or go-by means of entity.
(3) The disposal of scrap or surplus supplies acquired inside the functionality of a Federal award except in the event the receiver or subrecipient is reimbursed for disposal fees in a predetermined amount; or
(i) In conditions of conflict amongst the requirements of applicable parts of the part along with the terms and conditions of the agreement, the terms and conditions of the deal as well as the Significantly prevail.
(two) The recipient's or subrecipient's history of compliance Using the stipulations of Federal awards;
(A) The process for creating the estimates generates acceptable approximations of your action performed;
(ii) Trade insider secrets, commercial data, materials required to be held confidential by a researcher right up until These are published, or identical information and facts and that is protected less than legislation; and
When products acquired beneath a Federal award is not necessary for the original undertaking, application, or for other pursuits at this time or Earlier supported by a Federal agency, the recipient or subrecipient need to request disposition instructions from the Federal company or pass-through entity if required by the conditions and terms of your Federal award.
implies an award provided by a go-by entity to some subrecipient for the subrecipient to add for the goals and aims in the project by finishing up Element of a Federal award obtained by the move-by way of entity.
(i) Fees of leaves of absence by workforce for general performance of graduate get the job done or sabbatical examine, vacation, or investigate are allowable, supplied the IHE contains a uniform prepared plan on sabbatical leave for individuals engaged in instruction and persons engaged in exploration. These fees needs to be allotted equitably among the all relevant things to do from the IHE.
(iii) A lot less than entire compliance Using the statistical sampling benchmarks famous in paragraph (5)(i) could possibly be accepted because of the cognizant company for indirect costs if it concludes which the amounts allocated to Federal awards will be small or if it concludes which the program proposed through the recipient or subrecipient will end in lower fees to Federal awards than a procedure which complies Together with the standards.
(eight) Govt Summary. A brief description that is definitely penned in basic language and summarizes the goals and goals of the program, the target market, and suitable applicants. The textual content of the executive summary mustn't exceed five hundred words; and
for recipients and subrecipients indicates procedures intended and applied by recipients and subrecipients to provide fair assurance concerning the accomplishment more info of aims in the following categories:
(one) The value of your remaining life of the property recorded during the receiver's or subrecipient's accounting data at some time of donation.
Statutory needs may possibly limit the allowability of expenses. Any fees that exceed the maximum amount of money authorized by statute is probably not charged towards the Federal award. Only the quantity allowable by statute may very well be billed on the Federal award.