( c ) Be consistent having policies and functions you to use equally so you’re hot Taishan women able to one another federally-financed and other activities of your own low-Federal organization.
( d ) Become accorded uniform therapy. A repayment might not be assigned to a national prize because the a direct costs if any other cost obtain for the same goal inside eg activities could have been used on the newest Government award since an indirect rates.
( elizabeth ) Getting determined relative to basically approved accounting standards (GAAP), except, to own county and you can regional governments and you will Indian people just, as the or even sent to contained in this area.
( f ) Not incorporated due to the fact a cost otherwise always see rates revealing otherwise matching conditions of every other federally-funded program in both the current or a previous period. Select plus (b).
( h ) Pricing have to be sustained inside recognized funds months. The brand new Federal awarding institution was signed up, from the the discernment, so you can waive past authored approvals to create pass unobligated balances in order to then funds episodes pursuant to (e)(3).
Practical costs.
An installment is reasonable if the, with its character and you may matter, it will not exceed what could be incurred by a prudent person in things prevailing during the time the decision is made in order to sustain the cost. In the choosing reasonableness from a given prices, consideration should be provided to:
( an excellent ) Whether or not the costs are out of a type essentially named average and important for the newest operation of one’s non-Government entity or perhaps the best and you can effective efficiency of Federal award.
( b ) The newest restraints or conditions enforced from the such as things as: voice business means; arm’s-size bargaining; Government, state, local, tribal, or any other legislation; and terms and conditions of the Federal honor. Continue reading “Practical question regarding reasonableness is particularly very important if the low-Government entity try mainly federally-funded”
