A subaward is for the purpose of carrying out a portion of the Federal award and creates a Federal economic guidance partnership by using a subrecipient. See the definition of Subaward
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(b) A functionality bond about the contractor's section for 100% on the agreement cost. A efficiency bond is often a bond executed in connection with a contract to safe the fulfillment of all the contractor's prerequisites underneath a contract.
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(three) The procurement is predicted to exceed the simplified acquisition threshold and specifies a “manufacturer title” solution;
A short summary in the statutory or regulatory needs of the program and its intended outcome. Exactly where appropriate, the program description, objective, targets, and overall performance measurement must align Together with the strategic goals and targets in the Federal agency's effectiveness program and may aid the Federal company's efficiency measurement, administration, client practical experience initiatives, and reporting as demanded by Element six of OMB Round A-11;
This is a procurement system employed when problems aren't suitable for making use of sealed bids. This procurement strategy may perhaps cause possibly a hard and fast-selling price or Price-reimbursement agreement. They are really awarded in accordance with the subsequent needs:
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Needs for growth and submission of oblique Charge amount proposals and cost allocation designs are contained in the following Appendices:
(b) more info The following sections are usually not meant to be an extensive list of prospective goods of Price tag encountered beneath Federal awards. Failure to mention a selected item of cost, which includes as an example in certain sections, is not really meant to indicate that it is either allowable or unallowable. When determining the allowability for an product of Expense, Each individual case need to be based upon the treatment method supplied for identical or similar items of Charge and based upon the ideas explained in §§ two hundred.
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(7) Key Dates. Vital dates include owing dates for distributing apps or Executive Get 12372 submissions, and for virtually any letters of intent or preapplications. For just about any announcement issued before a application's software supplies are offered, critical dates also contain the date on which All those components are going to be introduced; and every other further information and facts, as deemed relevant from the Federal company.