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Per 2 CFR §200.403, [8] Except where otherwise authorized by statute, costs must meet the following general criteria in order to be allowable under federal awards: (a) Be necessary and reasonable for the performance of the federal award and be allocable thereto under these principles.
Title 2 of the Code of Federal Regulations (2 CFR), titled Grants and Agreements, is a United States federal-government regulation.. As of the January 1, 2022 revision, Title 2 comprises two subtitles: Subtitle A, Office of Management and Budget Guidance for Grants and Agreements, [1] and Subtitle B, Federal Agency Regulations for Grants and Agreements.
For a Type A program to be considered low risk according to 2 CFR 200.518, it must have been audited as a major program at least once in the past two years and must not have had: [18] Material weaknesses in internal control; A modified opinion in the audit report; Known or likely questioned costs exceeding 5% of total federal award expenditures
The CFR annual edition is published as a special issue of the Federal Register by the Office of the Federal Register (part of the National Archives and Records Administration) and the Government Publishing Office. [1] In addition to this annual edition, the CFR is published online on the Electronic CFR (eCFR) website, which is updated daily.
GovPulse.us, [8] a finalist in the Sunlight Foundation's Apps for America 2, [9] provided a Web 2.0 interface to the Federal Register, including sparklines of agency activity and maps of current rules, but is no longer available. On July 25, 2010, the Federal Register 2.0 [10] website went live. [11]
Data requirements can also be identified in the contract via special contract clauses (e.g., DFARS), which define special data provisions such as rights in data, warranty, etc. SOW guidance of MIL-HDBK-245D describes the desired relationship: "Work requirements should be specified in the SOW, and all data requirements for delivery, format, and ...
OMB Circular A 87, "Cost Principles for State, Local, and Indian Tribal Governments" (superseded by 2 CFR 200) OMB Circular A-110, "Uniform Administrative Requirements for Grants and Agreements with Institutions of Higher Education, Hospitals, and Other Non-Profit Organizations" (superseded by 2 CFR 200)
If certified cost or pricing data has been requested by the Government and submitted by an offeror, but an exception is later found to apply, the data should not be considered to be "certified". [1] The requirement for a certificate of cost or pricing data may also apply to sub-contractors at any tier in the supply chain. [2] [4]