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<br />Origination Date 6/15/03 <br /> <br />Subpart C 1_.25(d) notes that taxes, special assessments, levies, fines and other <br />such revenues raised by a grant or subgrantee are not program income unless the <br />revenues are specifically identified in the grant agreement or federal agency <br />regulation as program income. <br /> <br />Common Rule Subpart C 1_.30 Changes. <br />Recipients are required to report deviations from budget and program plans, and <br />request prior approvals for budget and program plan revisions, in accordance with <br />this section. Recipients shall request prior written approvals from the awarding <br />agency for one or more of the following program or budget related reasons. <br /> <br />· Change in the scope or the objective of the project or program (even if there <br />is no associated budget revision requiring prior written approval). <br />· Change in a key person specified in the application or award document. <br />. The need to extend the period of availability of funds. <br />. The need for additional Federal funding. <br />. The transfer of fund or budgeted amounts from nonconstruction to <br />construction projects or vice versa. <br />· The inclusion, unless waived by the Federal awarding agency, of costs that <br />require prior approval in accordance with OMS Circular A-87. <br />. The transfer of funds allotted for training allowances (direct payment to <br />trainees) to other categories of expense. <br />. Contracting out, subgranting (if authorized by law), or transferring work to a <br />third party to perform activities which are central to the purpose of the <br />award. This provision does not apply to the purchase of supplies, material, <br />equipment, or general support services. <br /> <br />Common Rule Subpart C 1_.32 Equipment <br />"Equipment" means an article of nonexpendable, tangible personal property having a <br />useful life more than one year and an acquisition cost which equals or exceeds the <br />lesser of (a) the capitalization level established by the organization for the financial <br />statement purposes, or (b)$5,OOO. <br /> <br />Subject to the obligations and conditions set forth in 9_.32, title to equipment acquired <br />under a grant or subgrant will vest upon acquisition in the grantee or subgrantee <br />respectively. <br /> <br />A state will use, manage and dispose of equipment acquired under a grant by the state <br />in accordance with state laws and procedures. All other grantees and subgrantees for <br />which equipment vest in the recipient, shall use the equipment in the project or program <br />for which it was acquired as long as needed, whether or not the project or program <br />continues to be supported by Federal funds and shall not encumber the property without <br />approval of the Federal awarding agency. When no longer needed for the original <br />project or program, the recipient shall use the equipment in connection with its other <br />federally-sponsored activities, in the following order of priority: <br /> <br />9 <br />