Regulations last checked for updates: Nov 25, 2024

Title 34 - Education last revised: Nov 15, 2024
§ 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.
(Authority: 20 U.S.C. 1221e-3 and 3474) [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, unless otherwise noted
source: 45 FR 22497, Apr. 3, 1980, unless otherwise noted. Redesignated at 45 FR 77368, Nov. 21, 1980.
cite as: 34 CFR 75.707