34 CFR 75.707 - When obligations are made.
§ 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 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
||On the first day of the project period.|
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