usually means the documentation figuring out, accumulating, and allocating or creating billing charges dependant on the allowable expenditures of solutions supplied by a point out, area authorities, or Indian tribe with a centralized foundation to its departments and agencies. The prices of those solutions can be allocated or billed to people.
(d) Be accorded steady treatment method. A price may not be assigned into a Federal award for a immediate Price if some other Expense incurred for the same goal in like conditions has long been allotted for the Federal award as an oblique Expense.
A computing machine is a offer If your acquisition cost is less than the lesser of your capitalization level founded with the non-Federal entity for economic statement purposes or $five,000, regardless of the duration of its practical daily life. See also Computing products
(a) Value boosts for fluctuations in exchange rates are allowable expenditures matter to The supply of funding. Prior approval of Trade amount fluctuations is needed only if the modify results in the necessity For extra Federal funding, or maybe the greater charges cause the necessity to appreciably reduce the scope of the challenge.
That part of auto costs furnished with the entity that relates to personal use by staff (including transportation to and from operate) is unallowable as fringe profit or indirect (File&A) costs irrespective of whether the expense is noted as taxable revenue to the workers.
(ii) The accrual basis may very well be only utilised for people varieties of leave for which a legal responsibility as defined by GAAP exists if the go away is gained. Each time a non-Federal entity works by using the accrual foundation of accounting, allowable leave fees are definitely the lesser of the amount accrued or funded.
(2) A private nongovernmental organization located in a country besides The usa that solicits and gets cash contributions from the general public;
every single two several years or every single a few years, to not exceed a five-yr reporting time period; or an HHS awarding agency or pass-through entity may possibly require once-a-year reporting for the primary 3 a long time of a Federal award and thereafter have to have reporting each 5 years).
(h) When requesting approval for funds revisions, the receiver must use the identical structure for spending plan information that was Utilized in the applying, Except the HHS awarding company indicates a letter of request suffices.
(a) Any money compensated for the non-Federal entity in here excessive of the amount to which the non-Federal entity is finally determined being entitled under the conditions of your Federal award represent a credit card debt for the Federal Authorities. Otherwise paid within just 90 calendar times after desire, the HHS awarding agency may possibly lessen the financial debt by:
(a) An IHE that receives aggregate Federal awards totaling $50 million or even more in Federal awards subject matter to this aspect in its most recently accomplished fiscal calendar year should comply with the fee Accounting Benchmarks Board's Price accounting expectations Situated at forty eight CFR 9905.
The HHS awarding company have to contain while in the Federal award a sign in the timing and scope of envisioned effectiveness because of the non-Federal entity as connected to the results meant to be realized by This system. In some instances (
(three) Charges authorized for business enterprise interruption or other identical insurance policies have to exclude coverage of management fees.
In addition to The fundamental things to consider regarding the allowability of charges highlighted Within this subtitle, other subtitles With this component explain special issues and requirements relevant to states, area governments, Indian tribes, and IHEs.