Title 2, Part 1128 — Recipient Financial and Program Management: General Award Terms and Conditions

Purpose of this part.

Applicability of this part.

Exceptions from requirements of this part.

Organization of this part.

Purpose of FMS Article I.

Content of FMS Article I.

Purpose of FMS Article II.

Content of FMS Article II.

Payment requirements for States.

Payment requirements for institutions of higher education, nonprofit organizations, local governments, and Indian tribes.

Electronic funds transfer and other payment procedural instructions or information.

Purpose of FMS Article III.

Content of FMS Article III.

Cost principles.

Clarification concerning allowability of publication costs.

Period of availability of funds.

Fee or profit.

Purpose of FMS Article IV.

Content of FMS Article IV.

Approved budget.

Prior approvals for non-construction activities.

Prior approvals for construction activities.

Additional prior approval for awards that support both non-construction and construction activities.

Procedures for prior approvals.

Purpose of FMS Article V.

Content of FMS Article V.

Purpose of FMS Article VI.

Content of FMS Article VI.

General requirement for cost sharing or matching.

General criteria for determining allowability as cost sharing or matching.

Allowability of unrecovered indirect costs as cost sharing or matching.

Allowability of program income as cost sharing or matching.

Valuation of services or property contributed or donated by recipients or subrecipients.

Valuation of third-party in-kind contributions.

Purpose of FMS Article VII.

Content of FMS Article VII.

What program income includes.

Recipient obligations for license fees and royalties.

Program income use.

Program income after the period of performance.