Grants
Grant Manual
The information provided below is comprised of Federal and State regulations regarding money provided by such entities. If the contract for a grant has outlined regulations that differ from the ones stated in the Grant Manual linked, the contact for the grant is the governing set of regulations on how to operate said grant.
Download the 2023-2024 Grant Manual (PDF, 1.77 MB)
Grant Purchasing
A cost price analysis shall be performed on any and all purchases that exceed the standard simplified acquisition threshold, (set by the Federal Standard) below is a breakdown detailing the SAT and the cost price analysis form that will be needed prior to approving purchases higher than the number specified below. More purchasing guidelines and forms regarding purchase can on the Grayson College Purchasing page.
Simplified Acquisition Threshold
- SAT
- Simplified Acquisition Threshold
- MPT
- Micro-Purchase Threshold
| Acquisition Value | Threshold |
|---|---|
| $1,500,000 | SAT – Contingency Operations, Defense or Recovery Outside the U.S. |
| $800,000 | SAT – Contingency Operations, Defense or Recovery Inside the U.S. |
| $500,000 | SAT – Humanitarian or Peacekeeping Outside the U.S. |
| $250,000 | SAT – Standard Simplified Acquisition Threshold |
| $30,000 | MPT – Contingency Operations, Defense, or Recovery Outside the U.S. |
| $20,000 | MPT – Contingency Operations, Defense, or Recovery Inside the U.S. |
| $10,000 | MPT – Standard Micro-Purchase Threshold |
Cost/Price Analysis Forms
- Download Cost Price Analysis Form (PDF)
Admin and Salary
The indirect cost rate is negotiated with the U.S. Department of Health and Human Services and will be detailed herein. The indirect cost rate is used to identify and assign indirect costs to benefiting cost objectives. The indirect cost rate for a grant is also subject to the specified and agreed upon rate within the grant agreement.
Download Indirect Cost Agreement Form (PDF)