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 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. |
34 C.F.R. §75.707
Authority: 20 U.S.C. 1221e-3 and 3474