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Code · CFR · Title 34 — Education · Part 75 · § 75.707

§ 75.707. When obligations are made.

231 words·~1 min read·/us/cfr/t34/s§ 75.707·

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The following table shows when a grantee makes obligations for various kinds of property and services. If the obligation is for--- The obligation is made---
(a)Acquisition of real or personal property ``` ``` On the date the grantee makes a binding written commitment to acquire the property.
(b)Personal services by an employee of the grantee ``` ``` When the services are performed.
(c)Personnal services by a contractor who is not an employee of the grantee ``` ``` On the date on which the grantee makes a binding written commitment to obtain the services.
(d)Performance of work other than personal services ``` ``` On the date on which the grantee makes a binding written commitment to obtain the work.
(e)Public utility services ``` ``` When the grantee receives the services.
(f)Travel ``` ``` When the travel is taken.
(g)Rental of real or personal property ``` ``` When the grantee uses the property.
(h)A pre-agreement cost that was properly approved by the Secretary under the cost principles in 2 CFR part 200, Subpart E---Cost Principles ``` ``` On the first day of the project period. ``` ``` ``` ``` ``` (Authority: 20 U.S.C. 1221e-3 and 3474) \[45 FR 22497, Apr. 3, 1980. Redesignated at 45 FR 77368, Nov. 21, 1980, as amended at 57 FR 30340, July 8, 1992; 79 FR 76093, Dec. 19, 2014\]
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  • 2 CFR 200
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§ 75.707
When obligations are made.
Fed. Reg.×2
C.F.R.×1
Cite2 CFR 200
Cites 2Cited by 3 across 2 sources
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