means an entity wherein much more than 50 p.c of your entity is owned or controlled right by a mum or dad corporation or via A further subsidiary of the guardian Company.
(E) The receiver or subrecipient should document and provide a justification for all bids it rejects.
(twelve) Council of governments, whether or not included for a nonprofit corporation underneath State regulation; and
(one) With crystal clear targets and aims that present meaningful benefits and become according to the Federal authorizing legislation of the program;
Except as in any other case furnished by Federal statutes or the Federal agency, actual assets have to be used for the at first authorized function given that it is necessary for that purpose. Even though the home is getting used for your initially authorized objective, the recipient or subrecipient ought to not dispose of or encumber its title or other pursuits apart from as provided by the Federal company.
(a) The Federal company or go-by means of entity ought to close out the Federal award when it establishes that every one administrative actions and required get the job done from the Federal award are already accomplished. In the event the receiver or subrecipient fails to accomplish the necessary administrative actions or the essential do the job for an award, the Federal company or move-as a result of entity should continue with closeout based on the data offered. This portion specifies the executive steps expected at the end of the duration of overall performance.
usually means the Federal agency specified to perform the obligations explained in § 200.513(a). The cognizant agency for audit will not be always similar to the cognizant company for indirect fees.
(b) A efficiency bond over the contractor's part for 100 percent of your contract rate. A performance bond is actually a bond executed in reference to a deal to secure the fulfillment of many of the contractor's prerequisites below a deal.
The receiver or subrecipient need to award contracts only to dependable contractors that have the opportunity to execute effectively beneath the conditions and terms of a proposed deal. The recipient or subrecipient must look at contractor integrity, public plan compliance, correct classification of staff (see the Good Labor Expectations Act, 29 U.
(5) A need that the subrecipient permit the go-as a result of entity and auditors to entry the subrecipient's documents click here and fiscal statements for the pass-through entity to meet its checking requirements; and
There are actually a few sorts of procurement approaches described in this area: casual procurement approaches (for micro-purchases and simplified acquisitions); official procurement strategies (via sealed bids or proposals); and noncompetitive procurement procedures.
The receiver or subrecipient may perhaps assign fringe Gains to Price tag aims by figuring out distinct Positive aspects to particular person employees or by allocating them determined by entity-wide salaries and wages of the employees receiving the advantages.
(iii) Contracts needs to be awarded on the accountable offeror whose proposal is most useful on the receiver or subrecipient thinking of value and also other things; and
The Federal company or move-by means of entity could acknowledge the recipient's or subrecipient's bonding policy and requirements for design or facility enhancement contracts or subcontracts exceeding the simplified acquisition threshold.