In the event the recipient or subrecipient retains title to your home, it need to pay out the Federal company an amount calculated by multiplying the percentage from the Federal company's contribution to the initial order (and fees of any enhancements) by The existing truthful marketplace value of the property.
indicates a recipient or subrecipient that gives a subaward to a subrecipient (like lessen tier subrecipients) to execute Section of a Federal plan. The authority of the move-by means of entity beneath this element flows from the subaward arrangement involving the move-by way of entity and subrecipient.
(2) By the Federal agency or pass-via entity with the consent in the receiver or subrecipient, where situation The 2 get-togethers should concur on the termination problems. These circumstances include the efficient date and, in the situation of partial termination, the portion to generally be terminated;
(2) When no Assistance Listings Selection is assigned, all Federal awards from your exact agency manufactured for a similar intent need to be combined and viewed as a single software.
(6) Other awards under which the recipient or subrecipient just isn't necessary to account for true fees incurred.
suggests the entity that owns or controls an instantaneous operator of an applicant or that owns or controls one or more entities that Manage an instantaneous owner of an applicant.
means the action a Federal agency or pass-by means of entity will take to discontinue a Federal award, in entire or in part, at any time ahead of the prepared conclusion day of your duration of performance. Termination would not involve discontinuing a Federal award because of an absence of accessible funds.
indicates a Federal loan or loan assure been given or administered by a receiver or subrecipient, apart from as employed During this segment's definition of program profits.
means a Federal award for which the beginning day is contiguous with, or carefully follows, the end of the expiring Federal award. The beginning day of a renewal award commences a whole new and unique period of performance.
that is roofed by a disclosure exemption less than the liberty of knowledge Act (FOIA). Once the get more info receiver asserts inside of seven calendar times to your Federal agency which posted the knowledge that a disclosure exemption underneath FOIA addresses a few of the data made publicly out there, the Federal company that posted the information must take out the publishing inside of 7 calendar times of receiving the assertion.
The Federal agency may perhaps waive any effectiveness report that's not essential to ensure the ambitions and targets from the Federal award are increasingly being achieved.
The Federal company ought to not allow a transfer of money that will cause any Federal appropriation for use for functions other than Individuals in line with the appropriation.
The Federal company or go-by means of entity have to involve the receiver or subrecipient to submit studies within the standing of authentic home during which the Federal Authorities retains an interest. Such experiences need to be submitted not less than each year. In occasions the place the Federal Federal government's interest in the actual home extends for fifteen decades or more, the Federal company or pass-by entity may possibly need the recipient or subrecipient to report at many multi-yr frequencies.
The recipient or subrecipient may build a threshold increased as opposed to micro-obtain threshold identified inside the Much in accordance with the necessities of the segment. The receiver or subrecipient could self-certify a threshold as much as $fifty,000 on an annual basis and ought to maintain documentation to become built available to the Federal company or pass-by entity and auditors in accordance with § 200.