Get a hold of § , to possess statutes into allowability away from decline to the houses, investment improvements, and you may devices
§ Activity will set you back.
Will cost you away from activities, plus recreation, diversion, and social affairs and you will any associated costs are unallowable, except in which particular will set you back that might otherwise qualify recreation provides good programmatic mission and are also licensed in a choice of the brand new acknowledged budget towards the Government honor otherwise which have previous authored approval of Federal awarding agencies.
§ Equipment and other funding expenses.
( an excellent ) Select § 200.step 1 on the significance out-of financial support expenditures, products, special-purpose gizmos, general purpose devices, buy costs, and financing possessions.
( step one ) Financial support expenses to own general-purpose gizmos, houses, and you will property is actually unallowable since the lead fees, but into earlier authored acceptance of Government awarding company or citation-through entity.
( 2 ) Resource costs to have special purpose equipment is allowable as the head costs, provided factors having an effective tool price of $5,000 or higher have the early in the day composed approval of Government awarding company otherwise solution-by way of entity.
( 3 ) Investment expenditures getting advancements so you’re able to land, property, or equipment and this materially increase their value or useful life try unallowable since a direct prices except to your previous written recognition of one’s Federal awarding agencies, or pass-using organization. Discover along with § .
( cuatro ) When recognized as a primary charge pursuant so you’re able to sentences (b)(1) using (3) in the section, capital expenses was energized in the period where in actuality the expense was sustained, or since the if not calculated compatible and you can discussed toward Government awarding service.
