Identification of no matter if the program will challenge Federal awards over a discretionary or non-discretionary basis;
(B) The invitation for bids ought to define the things or companies with particular data, which includes any needed specs, for the bidder to correctly react;
(b) A effectiveness bond around the contractor's portion for one hundred pc on the contract price. A functionality bond is usually a bond executed in reference to a agreement to safe the fulfillment of all the contractor's demands less than a contract.
(2) Are unallowable simply because they are not allocable for the Federal award(s), must be adjusted, or perhaps a refund have to be manufactured in accordance with the necessities of the segment. These changes or refunds are meant to suitable the proposals utilised to ascertain the fees and don't constitute a reopening of the speed negotiation.
suggests an individual procurement transaction for supplies or products and services, the mixture level of which doesn't exceed the micro-purchase threshold. Micro-purchases comprise a subset of a receiver's or subrecipient's small purchases employing informal procurement procedures as set forth in § 200.320.
(b) When developing performance reporting frequency and material, the Federal agency must look at what information will be required to measure the recipient's development, to identify promising practices of recipients, and Make the evidence upon which the Federal agency makes system and functionality selections.
(5) A proposed deal modification modifications the scope of the agreement or boosts the agreement quantity by over the simplified acquisition threshold.
(a) Title to supplies obtained beneath the Federal award will vest upon acquisition while in the recipient or subrecipient. When You will find a residual inventory of unused supplies exceeding $ten,000 in combination benefit at the conclusion of the period of effectiveness, plus the supplies usually are not necessary for some other Federal award, the receiver or subrecipient may well retain or promote the unused materials. Unused supplies indicates materials which have been in new ailment, not getting been used or opened ahead of. The mixture price of unused provides is made up of all source sorts, not the same as-merchandise supplies.
indicates orders positioned for house and expert services, contracts and subawards built, and identical transactions that have to have payment by a recipient or subrecipient under a Federal award that could lead to expenses by a recipient or subrecipient under a Federal award.
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(b) Except if expressly approved by Federal statute, the recipient or subrecipient have to not use provides acquired Using the Federal award to supply companies for your cost which is less than A personal company would demand for identical solutions.
Statutory necessities may perhaps Restrict the allowability of prices. Any expenses that exceed the maximum quantity permitted by statute will not be billed to the Federal award. Only the quantity allowable by statute could possibly be billed to the Federal award.
You will discover three varieties of procurement procedures described With this section: informal procurement strategies (for micro-purchases and simplified acquisitions); formal procurement approaches (via sealed bids or proposals); and noncompetitive procurement methods.
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