§ 200.343. Effects of suspension and termination.
120 words·~1 min read·
/us/cfr/t2/s§ 200.343·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Costs to the recipient or subrecipient resulting from financial obligations incurred by the recipient or subrecipient during a suspension or after the termination of a Federal award are not allowable unless the Federal agency or pass-through entity expressly authorizes them in the notice of suspension or termination or subsequently. However, costs during suspension or after termination are allowable if:
(a)The costs result from financial obligations which were properly incurred by the recipient or subrecipient before the effective date of suspension or termination, and not in anticipation of it; and
(b)The costs would be allowable if the Federal award was not suspended or expired normally at the end of the period of performance in which the termination takes effect.
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§ 200.343
Effects of suspension and termination.
Fed. Reg.×71
C.F.R.×10
IRM×2
Cites 0Cited by 83 across 3 sources