The following table shows when a grantee makes obligations for various kinds of property and services. ------------------------------------------------------------------------
(a) Acquisition of real or personal On the date the grantee
property. makes a binding written
commitment to acquire the
property.(b) Personal services by an employee of When the services are
the grantee. performed.(c) Personnal services by a contractor who On the date on which the
is not an employee of the grantee. grantee makes a binding
written commitment to
obtain the services.(d) Performance of work other than On the date on which the
personal services. 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 On the first day of the
approved by the Secretary under the cost project period.
principles in 2 CFR part 200, Subpart E--
Cost Principles.------------------------------------------------------------------------ (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]