34 C.F.R. § 75.707

Current through September 30, 2024
Section 75.707 - When obligations are made

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 propertyOn the date the grantee makes a binding written commitment to acquire the property.
(b) Personal services by an employee of the granteeWhen the services are performed.
(c) Personnal services by a contractor who is not an employee of the granteeOn the date on which the grantee makes a binding written commitment to obtain the services.
(d) Performance of work other than personal servicesOn the date on which the grantee makes a binding written commitment to obtain the work.
(e) Public utility servicesWhen the grantee receives the services.
(f) TravelWhen the travel is taken.
(g) Rental of real or personal propertyWhen 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 PrinciplesOn the first day of the project period.

34 C.F.R. §75.707

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

Authority: 20 U.S.C. 1221e-3 and 3474