means a course of action whereby resources are State-of-the-art for the receiver to protect its approximated disbursement desires to get a given First interval.
(a) All procurement transactions should be executed in a very manner delivering comprehensive and open up Level of competition consistent with the criteria of the area. In order to ensure goal contractor performance and eliminate unfair aggressive benefit, contractors that establish or draft specs, prerequisites, statements of work, or invitations for bids or requests for proposals must be excluded from competing for these kinds of procurements. A lot of the situations regarded as restrictive of Competitiveness include but are not restricted to:
(two) The data that the HHS awarding agency ought to submit to GSA for acceptance by OMB is stated in paragraph (b) of the part. GSA must prescribe the structure for that submission.
(d) The non-Federal entity will have to be certain that all prequalified lists of individuals, corporations, or goods which are Employed in obtaining items and solutions are existing and incorporate more than enough skilled resources to guarantee utmost open up and no cost competition.
(2) Positive aspects both equally the Federal award along with other operate with the non-Federal entity and might be distributed in proportions Which may be approximated using realistic methods; and
(2) An IHE is accountable for preserving an correct DS-2 and complying with disclosed cost accounting methods. An IHE need to file amendments to your DS-2 on the cognizant company for indirect prices 6 months upfront of the disclosed practice remaining altered to adjust to a completely new or modified conventional, or each time a practice is adjusted for other good reasons.
(b) Additionally, for aggressive grants or cooperative agreements, the HHS awarding agency will need to have in position a framework for analyzing the threats posed by applicants ahead of they acquire Federal awards. This evaluation may perhaps incorporate success of your analysis from the applicant's eligibility or the standard of its software.
(1) Make use of the tools for your authorized needs from the undertaking during the duration of functionality, or until finally the assets is no more required with the functions of your venture.
(1) Specified conditions need Distinctive thought and feasible restrictions in analyzing allowable staff compensation charges beneath Federal awards. Among this sort of ailments are the following:
A cost is affordable if, in its character and volume, it doesn't exceed that which might be incurred by a prudent person under the instances prevailing at the time the decision was designed to incur the cost.
(two) The costs of central governmental companies dispersed with the central company Price tag allocation system rather than in any other case taken care of as immediate costs.
(iii) website The procurement lends alone to some company mounted rate agreement and the choice in the effective bidder could be built principally on the basis of selling price.
If you accept the stipulations for the financial loan, you enter into determination to repay the quantity you owe according to the particular timetable outlined from the documents. During the occasion of non-payment, extra expenses could be applied.
Will not be relevant to the subsequent forms of Federal awards and glued-rate contracts and subcontracts: