Cost Allowability
This Subpart of the Uniform Guidance deals with cost allowability.
What is Subpart E?
Verification that a potential subrecipient, as a person, is not suspended or disbarred in this system was added as a requirement for pass-through entities.
What is SAM.gov?
Name one type of Forest Service mutual interest agreement.
What is Challenge Cost Share, Participating Agreement, Joint Venture, Good Neighbor, or Stewardship agreement.
The portion of project costs not paid by Federal funds or contributions.
What is Cost Share?
(Also acceptable: What is match?)
A requirement of organizations that spend more than $1,000,000 in a fiscal year, and which is used to support risk assessments by a pass-through entity.
What is a single audit?
If not written into the original budget approved with award, use of grant agreements requires what from a federal agency or pass through entity?
What is prior approval?
This rate was increased from 10% to 15% of MTDC.
What is the de minimis rate?
A change to this type of contact (including all technical positions) requires prior written approval or may result in the disallowance of costs.
What is a Principal Contact.
(They are listed on the cover sheet)
An entity that receives a subaward from a pass-through entity to carry out part of a Federal award.
What is a subrecipient?
Thes size, complexity, and newness of an award; findings in prior audits; known or suspected problems in conducting grant programs; delinquent reports: these are all examples of what?
What are risk factors?
A cost is this if it is generally recognized as ordinary and necessary for the recipient's or subrecipient's operation or the proper and efficient performance of the federal award.
What is Reasonable?
Single audits thresholds were raised to this amount.
What is $1,000,000.
This type of training is required to be provided by the Cooperator/Recipient if any employee, contractor, or volunteer will use chain saws or crosscut saws on the National Forest System lands under an agreement's work.
The written approval obtained in advance by an authorized official of a Federal agency or pass-through entity of certain costs or programmatic decisions.
Visiting a subrecipient's place of business or program location to conduct monitoring.
What is a site visit?
These types of events have an entire section devoted to them in the Uniform Guidance due to their reputation as occasions for abusing federal funding. Only certain, specific expenses are allowable.
What are Conferences?
These costs must now be documented in a recipient or subrecipient's written policies or procedures. They are excluded from Modified Total Direct Costs. Prior approval was removed for their allowability, but prior approval is still required if funding is reallocated away from or to them.
What are Participant Support Costs?
Forest Service mutual interest agreements are exempt from 2 CFR 200 because of their specific statutory language which exempt them from this law from the 1970s, which means they are not relegated as either procurement or Federal financial assistance.
What is the Federal Grants and Cooperative Agreements Act?
Gross income earned by the recipient or subrecipient that is directly generated by a supported activity or earned as a result of the Federal award during the period of performance, with few exceptions.
What is Program Income?
A focused examination of a subrecipient's relevant documentation and records surrounding a grant program or project.
What is a desk audit?
This type of documentation for personnel salaries must reasonably reflect the total activity for which an employee is compensated and be supported by a system of internal controls.
What is Time and Effort documentation?
To the nearest hundreth, how many changes were there to the Uniform Guidance with the 2024 Revisions?
What is 600?
Actual answer: 560
Activities described in any FS mutual interest agreement or subagreement must be permissible under what?
A unique number assigned to identify an Assistance Listing
What is ALN?
Also: What is Assistance Listing Number
What type of actions are taken by an audited subrecipient to correct identified deficiencies, produce recommended improvements, or demonstrate that audit findings are either invalid or do not warrant auditee action?
What are corrective actions?