Common use of Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards Clause in Contracts

Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. The Subrecipient shall comply with the applicable provisions in 2 CFR part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, 2 CFR part 200. These provisions include: 1. Financial & Program Management The Subrecipient shall expend and account for all CDBG-NDR funds received under this agreement in accordance with 2 CFR part 200, including 2 CFR part 200, subpart D, which covers Standards for Financial and Program Management. 2. Cost Principles Costs incurred, whether charged on a direct or an indirect basis, must be in conformance with 2 CFR part 200, subpart E. All items of cost listed in 2 CFR part 200, subpart E, that require prior Federal agency approval are allowable without prior approval of HUD to the extent they comply with the general policies and principles stated in 2 CFR part 200, subpart E and are otherwise eligible under this agreement, except for the following: i. Depreciation methods for fixed assets shall not be changed without the approval of the Federal cognizant agency. ii. Fines penalties, damages, and other settlements are unallowable costs to the CDBG program. iii. Costs of housing (e.g., depreciation, maintenance, utilities, furnishings, rent), housing allowances and personal living expenses (goods or services for personal use) regardless of whether reported as taxable income to the employees (2 CFR 200.445); iv. Organization costs (2 CFR 200.455); and v. Pre-Award Costs, as limited by this agreement.

Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. The Subrecipient shall comply with the applicable provisions in 2 CFR part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, 2 CFR part 200200 except as provided in 24 CFR 570.502(a) and (b). These provisions include: 1. Financial & Program Management The Subrecipient shall expend and account for all CDBG-NDR DR funds received under this agreement in accordance with with: The requirements in 2 CFR part 200, including 2 CFR part 200, subpart D, which covers Standards for Financial and Program Management. Go to xxxxx://xxx.xxx.xxx/fdsys/pkg/CFR-2014-title2-vol1/pdf/CFR-2014-title2-vol1-part200.pdf for the specific requirements. 2. Cost Principles Costs incurred, whether charged on a direct or an indirect basis, must be in conformance with 2 CFR part 200, subpart E. All items of cost listed in 2 CFR part 200, subpart E, that require prior Federal agency approval are allowable without prior approval of HUD to the extent they comply with the general policies and principles stated in 2 CFR part 200, subpart E and are otherwise eligible under this agreement, except for the following: i. A. Depreciation methods for fixed assets shall not be changed without the approval of the Federal cognizant agency. ii. B. Fines penalties, damages, and other settlements are unallowable costs to the CDBG program. iii. C. Costs of housing (e.g., depreciation, maintenance, utilities, furnishings, rent), housing allowances and personal living expenses (goods or services for personal use) regardless of whether reported as taxable income to the employees (2 CFR 200.445); iv. D. Organization costs (2 CFR 200.455); and v. E. Pre-Award Costs, as limited by this agreement.

Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. The Subrecipient Sub-Recipient shall comply with the applicable provisions in 2 CFR part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, 2 CFR part 200200 except as provided in 24 CFR 570.502(a) and (b). These provisions include: 1. Financial & Program Management The Subrecipient Sub-Recipient shall expend and account for all CDBG-NDR DR funds received under this agreement in accordance with with: The requirements in 2 CFR part 200, including 2 CFR part 200, subpart D, which covers Standards for Financial and Program Management. Go to xxxxx://xxx.xxx.xxx/fdsys/pkg/CFR-2014-title2-vol1/pdf/CFR-2014-title2-vol1-part200.pdf for the specific requirements. 2. Cost Principles Costs incurred, whether charged on a direct or an indirect basis, must be in conformance with 2 CFR part 200, subpart E. All items of cost listed in 2 CFR part 200, subpart E, that require prior Federal agency approval are allowable without prior approval of HUD to the extent they comply with the general policies and principles stated in 2 CFR part 200, subpart E and are otherwise eligible under this agreement, except for the following: i. A. Depreciation methods for fixed assets shall not be changed without the approval of the Federal cognizant agency. ii. B. Fines penalties, damages, and other settlements are unallowable costs to the CDBG program. iii. C. Costs of housing (e.g., depreciation, maintenance, utilities, furnishings, rent), housing allowances and personal living expenses (goods or services for personal use) regardless of whether reported as taxable income to the employees (2 CFR 200.445); iv. D. Organization costs (2 CFR 200.455); and v. E. Pre-Award Costs, as limited by this agreement.

Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. The Subrecipient shall comply with the applicable provisions in 2 CFR part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, 2 CFR part 200200 except as provided in 24 CFR 570.502(a) and (b). These provisions include: 1. Financial & Program Management The Subrecipient shall expend and account for all CDBG-NDR DR funds received under this agreement in accordance with the requirements in 2 CFR part 200, including 2 CFR part 200, subpart D, which covers Standards for Financial and Program Management. Go to xxxxx://xxx.xxx.xxx/fdsys/pkg/CFR-2014-title2-vol1/pdf/CFR-2014-title2-vol1-part200.pdf for the specific requirements. 2. Cost Principles Costs incurred, whether charged on a direct or an indirect basis, must be in conformance with 2 CFR part 200, subpart E. All items of cost listed in 2 CFR part 200, subpart E, that require prior Federal agency approval are allowable without prior approval of HUD to the extent they comply with the general policies and principles stated in 2 CFR part 200, subpart E and are otherwise eligible under this agreement, except for the following: i. A. Depreciation methods for fixed assets shall not be changed without the approval of the Federal cognizant agency. ii. B. Fines penalties, damages, and other settlements are unallowable costs to the CDBG program. iii. C. Costs of housing (e.g., depreciation, maintenance, utilities, furnishings, rent), housing allowances and personal living expenses (goods or services for personal use) regardless of whether reported as taxable income to the employees (2 CFR 200.445); iv. D. Organization costs (2 CFR 200.455); and v. E. Pre-Award Costs, as limited by this agreement.

Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. The Subrecipient Sub-recipient shall comply with the applicable provisions in 2 CFR part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, 2 CFR part 200200 except as provided in 24 CFR 570.502(a) and (b). These provisions include: 1. Financial & Program Management The Subrecipient Sub-recipient shall expend and account for all CDBG-NDR DR funds received under this agreement in accordance with with: The requirements in 2 CFR part 200, including 2 CFR part 200, subpart D, which covers Standards for Financial and Program Management. Go to xxxxx://xxx.xxx.xxx/fdsys/pkg/CFR-2014-title2-vol1/pdf/CFR-2014-title2-vol1-part200.pdf for the specific requirements. 2. Cost Principles Costs incurred, whether charged on a direct or an indirect basis, must be in conformance with 2 CFR part 200, subpart E. All items of cost listed in 2 CFR part 200, subpart E, that require prior Federal agency approval are allowable without prior approval of HUD to the extent they comply with the general policies and principles stated in 2 CFR part 200, subpart E and are otherwise eligible under this agreement, except for the following: i. A. Depreciation methods for fixed assets shall not be changed without the approval of the Federal cognizant agency. ii. B. Fines penalties, damages, and other settlements are unallowable costs to the CDBG program. iii. C. Costs of housing (e.g., depreciation, maintenance, utilities, furnishings, rent), housing allowances and personal living expenses (goods or services for personal use) regardless of whether reported as taxable income to the employees (2 CFR 200.445); iv. D. Organization costs (2 CFR 200.455); and v. E. Pre-Award Costs, as limited by this agreement.