(2) Fringe Added benefits in the shape of tuition or remission of tuition for personal staff not employed by IHEs are limited to the tax-free amount of money authorized per part 127 of The inner Profits Code as amended.
usually means direct fees for products for example stipends or subsistence allowances, vacation allowances, and registration expenses compensated to or on behalf of individuals or trainees (although not workforce) in reference to conferences, or education assignments.
(2) The prices of central governmental solutions dispersed from the central company Charge allocation strategy and never usually treated as immediate charges.
suggests a judgment or conviction of the prison offense by any courtroom of proficient jurisdiction, regardless of whether entered upon verdict or simply a plea, like a conviction due to a plea of nolo contendere.
(four) No other prior approval prerequisites for spending budget revisions could possibly be imposed Except an exception has actually been approved by OMB.
signifies the person (s) specified via the receiver to direct the project or application currently being supported with the grant. The PI/PD is accountable and accountable to officials of the receiver organization for the proper perform with the task, system, or activity.
(two) A private nongovernmental organization located in a rustic aside from the United States that solicits and receives cash contributions from most people;
(g) Any non-Federal entity which has a existing federally negotiated indirect Price amount may submit an application for a a single-time extension of the premiums in that arrangement for a period of nearly four yrs. This extension will likely be subject to your critique and approval with the cognizant agency for oblique charges.
(one) The expression “direct loan” usually means a disbursement of cash via the Federal Federal government to a non-Federal borrower beneath a contract that needs the repayment of these types of funds with or without having curiosity. The term features the acquisition of, or participation in, a loan made by A further lender and funding arrangements that defer payment for in excess of 90 times, such as the sale of the Federal Government asset on credit rating conditions.
(ii) Exactly where sabbatical leave is included in fringe Rewards for which a value is determined for assessment to be a immediate charge, the aggregate quantity of these types of assessments applicable to all get the job done of the institution over the base period of time should be fair in relation for the IHE's actual practical experience under its sabbatical leave coverage.
(one) The sort of protection and also the extent of coverage as well as costs and premiums would've been allowed experienced insurance policies (such as reinsurance) been procured to cover the threats. Even so, provision for known or moderately approximated self-insured liabilities, which never come to be payable for more check here than one year following the provision is made, ought to not exceed the discounted existing worth of the legal responsibility.
(3) Notwithstanding the encouragement in § seventy five.307 to receive plan money, the non-Federal entity need to not use products acquired Using the Federal award to offer solutions for your charge that is definitely under non-public organizations demand for equivalent products and services Unless of course precisely licensed by Federal statute for so long as the Federal Government retains an fascination in the machines.
(i) Be supported by a system of interior Management which gives acceptable assurance that the fees are exact, allowable, and properly allocated;
(6) Specifying only a “brand name title” product or service instead of permitting “an equal” solution to get made available and describing the general performance or other relevant specifications with the procurement; and