Source: https://www.law.cornell.edu/cfr/text/24/1003.501
Timestamp: 2015-04-25 02:40:25
Document Index: 370162824

Matched Legal Cases: ['art 1003', '§ 1003', 'art 44', 'art 85', '§ 1003', '§ 85', '§ 85', '§ 1003', 'art 45', 'art 84', '§ 84', '§ 84', '§ 85', '§ 1003', '§ 84', '§ 1003', '§ 84', '§ 84', '§ 1003', '§ 1003', '§ 84', '§ 3535', '§ 5301', '§ 5302', '§ 5303', '§ 5304', '§ 5305', '§ 5306', '§ 5307', '§ 5308', '§ 5309', '§ 5310', '§ 5311', '§ 5312', '§ 5313', '§ 5314', '§ 5315', '§ 5316', '§ 5317', '§ 5318', '§ 5318', '§ 5319', '§ 5320', '§ 5321']

24 CFR 1003.501 - Applicability of uniform administrative requirements and cost principles. | LII / Legal Information Institute
CFR › Title 24 › Chapter IX › Part 1003 › Subpart F › Section 1003.501 24 CFR 1003.501 - Applicability of uniform administrative requirements and cost principles.
§ 1003.501
Applicability of uniform administrative requirements and cost principles.
Grantees and subrecipients which are governmental entities (including public agencies) shall comply with the requirements and standards of OMB Circular No. A-87, “Principles for Determining Costs Applicable to Grants and Contracts with State, Local and Federally recognized Indian Tribal Governments”, OMB Circular A-128, “Audits of State and Local Governments” (implemented at 24 CFR part 44) and with the following sections of 24 CFR part 85 “Uniform Administrative Requirements for Grants and Cooperative Agreements to State and Local Governments”.
Section 85.3, “Definitions”.
Section 85.6, “Exceptions”.
Section 85.12, “Special grant or subgrant conditions for ‘high-risk’ grantees”.
Section 85.20, “Standards for financial management systems,” except paragraph (a).
Section 85.21, “Payment”.
Section 85.22, “Allowable costs”.
Section 85.25, “Program income,” except as modified by § 1003.503.
Section 85.26, “Non-federal audits”.
Section 85.32, “Equipment,” except in all cases in which the equipment is sold, the proceeds shall be program income.
Section 85.33, “Supplies”.
Section 85.34, “Copyrights”.
Section 85.35, “Subawards to debarred and suspended parties”.
Section 85.36, “Procurement,” except paragraphs (a) States, (i)(5) Compliance with the Davis Bacon Act (40 U.S.C. 276a to a-7) and (i)(6) Compliance with sections 103 and 107 of the Contract Work Hours and Safety Standards Act (40 U.S.C. 327-330). There may be circumstances under which the bonding requirements of § 85.36(h) are inconsistent with other responsibilities and obligations of the grantee. In such circumstances, acceptable methods to provide performance and payment assurance may include:
Deposit with the grantee of a cash escrow of not less than 20 percent of the total contract price, subject to reduction during the warranty period, commensurate with potential risk; or
Letter of credit for 25 percent of the total contract price, unconditionally payable upon demand of the grantee, subject to reduction during the warranty period commensurate with potential risk.
Section 85.37, “Subgrants”.
Section 85.40, “Monitoring and reporting program performance,” except paragraphs (b) through (d) and paragraph (f).
Section 85.41, “Financial reporting,” except paragraphs (a), (b), and (e).
Section 85.42, “Retention and access requirements for records”. The retention period referenced in § 85.42(b) pertaining to individual ICDBG activities starts from the date of the submission of the final status and evaluation report as prescribed in § 1003.506(a) in which the specific activity is reported.
Section 85.43, “Enforcement”.
Section 85.44, “Termination for convenience”.
Section 85.51 “Later disallowances and adjustments”.
Section 85.52, “Collection of amounts due”.
Subrecipients, except subrecipients that are governmental entities, shall comply with the requirements and standards of OMB Circular No. A-122, “Cost Principles for Nonprofit Organizations,” or OMB Circular No. A-21, “Cost Principles for Educational Institutions,” as applicable, and OMB Circular A-133, “Audits of Institutions of Higher Education and Other Nonprofit Institutions” (implemented at 24 CFR part 45). Audits shall be conducted annually. Such subrecipients shall also comply with the following provisions of 24 CFR part 84 “Uniform Administrative Requirements for Grants and Agreements With Institutions of Higher Education, Hospitals and Other Non-Profit Organizations”).
Subpart A—“General”.
Subpart B—“Pre-Award Requirements,” except for § 84.12, “Forms for Applying for Federal Assistance”.
Subpart C—“Post-Award Requirements,” except for § 84.22, “Payment Requirements,” grantees shall follow the standards of §§ 85.20(7) and 85.21 in making payments to subrecipients.
Section 84.23, “Cost Sharing and Matching”.
Section 84.24, “Program Income”, as modified by § 1003.503.
Section 84.25, “Revision of Budget and Program Plans”.
Section 84.32, “Real Property.” In lieu of § 84.32, ICDBG subrecipients shall follow § 1003.504 of the ICDBG regulations.
Section 84.34(g) “Equipment,” except that in lieu of the disposition provisions of this paragraph:
In all cases in which equipment is sold during the grant period as defined in 24 CFR 85.25, the proceeds shall be program income; and
Equipment not needed by the subrecipient for ICDBG activities shall be transferred to the grantee for the ICDBG program or shall be retained after compensating the grantee.
Section 84.51, “Monitoring and Reporting Program Performance.” Only § 84.51(a) applies to ICDBG subrecipients.
Section 84.52, “Financial Reporting”.
Section 84.53(b), “Retention and access requirements for records.” The retention period referenced in § 84.53(b) pertaining to individual ICDBG activities starts from the date of the submission of the final status and evaluation report as prescribed in § 1003.506(a), in which the specific activity is reported.
Section 84.61, “Termination.” In lieu of the provisions of this section, ICDBG subrecipients shall comply with § 1003.502 (b)(7) of the ICDBG regulations.
Subpart D—“After-the-Award Requirements,” except for § 84.71, “Closeout Procedures”.
Cost principles. (1) All items of cost listed in Attachment B of OMB Circulars A-21, A-87, or A-123, as applicable, which require prior Federal agency approval are allowable without the prior approval of HUD to the extent that they comply with the general policies and principles stated in Attachment A of such circulars and are otherwise eligible under subpart C of this part, except for the following:
Depreciation methods for fixed assets shall not be changed without specific approval of HUD or, if charged through a cost allocation plan, the Federal cognizant agency.
Fines and penalties are unallowable costs to the ICDBG program.
No person providing consultant services in an employer-employee type of relationship shall receive more than a reasonable rate of compensation for personal services paid with ICDBG funds. In no event, however, shall such compensation exceed the equivalent of the daily rate paid for Level IV of the Executive Schedule.
This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.United States CodeU.S. Code: Title 42 - THE PUBLIC HEALTH AND WELFARE§ 3535 - Administrative provisions§ 5301 - Congressional findings and declaration of purpose§ 5302 - General provisions§ 5303 - Grants to States, units of general local government and Indian tribes; authorizations§ 5304 - Statement of activities and review§ 5305 - Activities eligible for assistance§ 5306 - Allocation and distribution of funds§ 5307 - Special purpose grants§ 5308 - Guarantee and commitment to guarantee loans for acquisition of property§ 5309 - Nondiscrimination in programs and activities§ 5310 - Labor standards; rate of wages; exceptions; enforcement powers§ 5311 - Remedies for noncompliance with community development requirements§ 5312 - Use of grants for settlement of outstanding urban renewal loans of units of general local government§ 5313 - Reporting requirements§ 5314 - Consultation by Secretary with other Federal departments, etc.§ 5315 - Interstate agreements or compacts; purposes§ 5316 - Transition provisions§ 5317 - Liquidation of superseded or inactive programs§ 5318 - Urban development action grants§ 5318a - John Heinz Neighborhood Development Program§ 5319 - Community participation in programs§ 5320 - Historic preservation requirements§ 5321 - Suspension of requirements for disaster areas