R90-53 AUTHORIZING AN AGREEMENT WITH THE UNITED STATES DEPARTMENT OF TRANSPORTATION

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received by the Recipient that have the effect of reducing the cost actually incurred, excluding Program Income) . (5) Be incurred (and be for work performed) after the date of this Agreement, unless specific authorization from the Government (UMTA) to the contrary is received; (6) Unless permitted otherwise by Federal statute or regulation, conform with Federal guidelines or regulations and � Federal cost principles as set forth below: . (a) For Recipients that are governmental entities, the ' standards of OMB Circular A-87, Revised, "Cost Principles for . State and Local Governments, " are applicable. (b) For Recipients that are educational institutions, the standards of OMB Circular A-21, Revised, "Cost Principles for Educational Institutions, " are applicable. (c) For Recipients that are nonprofit organizations, the standards of OMB Circular A-122, Revised, "Cost Principles for Nonprofit Organizations, " are applicable. (d) For Recipients that are for-profit organizations, the standards of 48 C.F.R. Part 31 are applicable. (7) Be satisfactorily documented; and (8) Be treated uniformly and consistently under accounting principles and procedures approved and prescribed by the Government for the Recipient; and those approved or prescribed by the Recipient for its contractors. d. Documentation of Proiect Costs and Program Income. All costs charged to the Project, including any approved services contributed by the Recipient or others, shall be supported by properly executed payrolls, time records, invoices, contracts, or vouchers evidencing in detail the nature and propriety of the charges. The Recipient shall also maintain accurate records of all Project Funds derived from the implemention of the Project; the foregoing provision, however, does not apply to income of the Recipient that is determined by the Government to be private. e. Checks, Orders, and Vouchers. Any check or order drawn by the Recipient with respect to any item that is or will be chargeable against the Project Account will be drawn only in accordance with a properly signed voucher then on file in the office of the Recipient stating in proper detail the purpose for which such check or order is drawn. All checks, payrolls, invoices, contracts, vouchers, orders, or other accounting documents pertaining in whole or in part to the Project shall be clearly identified, readily accessible, and, to the extent feasible, kept separate and apart from all other such documents. Page 5