§ 78.140 - Financial management and administrative costs.

§ 78.140 Financial management and administrative costs.

Cross Reference

Link to an amendment published at 89 FR 62663, Aug. 1, 2024.

(a) Grantees must comply with applicable requirements of the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards under 2 CFR part 200.

(b) Grantees must use a financial management system that provides adequate fiscal control and accounting records and meets the requirements set forth in 2 CFR part 200.

(c) Payment up to the amount specified in the suicide prevention services grant must be made only for allowable, allocable, and reasonable costs in conducting the work under the suicide prevention services grant. The determination of allowable costs must be made in accordance with the applicable Federal Cost Principles set forth in 2 CFR part 200.

(d) Costs for administration by a grantee must not exceed 10 percent of the total amount of the suicide prevention services grantwill be consistent with 2 CFR part 200. Administrative costs will consist of all costs associated with the management of the program. These costs will include the administrative costs of community partners.

[87 FR 13835, Mar. 10, 2022, as amended at 89 FR 62663, Aug. 1, 2024]