FAR
Allowable, Allocable & Reasonable
Asset Builds
NIH
100

The Federal Acquisition Regulations apply to Federal _________

What are Procurement Contracts

100

According to direct cost allocation  principles, if a cost benefits two or more projects, the cost may be allocated based on the ______ benefit

What is proportional

2CFR200.405 (d)

100

_______ and _______ forms are required for the set up of Asset Builds

What are Asset Build request and Asset Build Expense Affirmation

100

______ is the NIH portal for managing grant applications and awards

What is eRA Commons

200

The regulation in effect on the date which the contract was awarded will _______ the contract

What is govern

Access earlier versions of the FAR via the FAR Archives

200

A cost is reasonable if it does not exceed an amount that a _________ person would incur under the circumstances prevailing when the decision was made to incur the cost

What is prudent

2CFR200.404

200

Financial Affairs sets up a __________ for each respective asset build in Workday

What is a PJ or project id

200

_________ contains the terms and conditions for all NIH awards

What is the NIH Grants Policy Statement or GPS

300

Part ____ of the FAR contains solicitation provisions and contract clauses

What is Part 52 


These are the clauses that will appear on contracts

300

If a cost was previously included as a cost or was used to meet cost sharing requirements for any other federally-financed program in either current or prior period, it is _________

What is unallowable

2CFR200.403(f)

300

Ancillary review by ____________ is required for Asset Builds before an Asset Build grant number is generated

What is Grants Accounting/FMR

300

NIH _____   grants are for career development awards

What are K grants


400

The prescription clause for 52.245-1 is housed in part _______ of the FAR

What is Part 45

Specifically 45.107 instructs the CO to included 52.245-1 into the contract

400

Capital expenditures for ______ purpose equipment are allowable as direct charges but only with the written prior approval of the Federal awarding agency or pass-through entity

What is general

2CFR200.439(b)(1)

400

Components of an asset build must become a _____________ part of the completed equipment

What is permanent

400

The current salary cap for NIH awards is ____________

$225,700

Currently through 9.30.2025 and has yet to be updated

500

________ is the Department of Defense supplement to the FAR

What is DFARS

500

Costs of goods or services for personal use of the non-Federal entity's employees are ____________ regardless of whether the cost is reported as taxable income to the employee

What is unallowable

2CFR200.445(a)

500

The indirect rate for an Asset Build grant will always be _____

What is 0%


500

For modular NIH budgets, the limit for direct costs (excluding consortium F&A costs) per year is _____________

What is $250,000