34 CFR § 75.707
When obligations are made
August 2, 2023
§ 75.707 When obligations are made.
The following table shows when a grantee makes obligations for various kinds of property and services.
Open Table
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. |
[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]