Cost Analysis - the process of obtaining cost breakdowns, verifying cost data, evaluating specific elements of costs and examining data to determine necessity, reasonableness, and appropriateness of the costs reflected in a grant budget. Cost Principles are the principles used in determining costs applicable to OSM grants. Cost Transfers are the reassignment of costs from one project activity to another. Debarment - The exclusion of a person from participating in covered transactions, generally for no more than three years, after proper notification, hearing and appeals procedures have been followed. Deviation from Grant Policy is the use of any policy, procedure, form or grant condition which is inconsistent with OSM policies or the failure to use a policy, procedure, form, or grant condition prescribed by the Director.
Disbursements are payments in cash or by check.
Environmental Impact - the probable environmental consequences of any major OSM action. Equipment - See Property, Nonexpendable. Expiration Date - the date a grant or cooperative agreement comes to an end. Extension - a change to the expiration date of a grant or cooperative agreement. Federal Assistance Award Data System - an ADP system that provides information on assistance awards, amendments, and deobligations, on a quarterly basis.