32 CFR §37.315
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
In situations where the use of fixed-support TIAs is permissible (see §§ 37.305 and 37.310), their use may encourage some commercial firms' participation in the research. With a fixed-support TIA, you can eliminate or reduce some post-award requirements that sometimes are cited as disincentives for those firms to participate. For example, a fixed-support TIA need not:
- (a)Specify minimum standards for the recipient's financial management system.
- (b)Specify cost principles or standards stating the types of costs the recipient may charge to the project.
- (c)Provide for financial audits by Federal auditors or independent public accountants of the recipient's books and records.
- (d)Set minimum standards for the recipient's purchasing system.
- (e)Require the recipient to prepare financial reports for submission to the Federal Government.