2016/10/26 Council Agenda Packet

Page I-8 Proposed FTA C 5010.1E (38) Cost Objective: Cost objective means a program,function, activity, award, organizational third-party contract, subdivision, or work unit for which cost data are desired and for which provision is made to accumulate and measure the cost of processes,products,jobs, capital projects,etc.A cost objective may be a major function of the recipient or subrecipient, a particular service or project, a federal award,or an indirect(Facilities& Administrative(F&A))cost activity as described in 2 CFR part 200, subpart E- Cost Principles. (39) Cost Sharing or Non-Federal Share: Cost sharing, or non-federal share,means the portion of project costs not paid with federal assistance(unless otherwise authorized by federal statute). This cost share,or non-federal share,may include programmatic matching requirements,or other non-federal funds,to comprise the overall Award Budget to complete the scope of work for the Award. (40) Cross-Cutting Audit Finding:A cross-cutting audit finding means an audit finding in which the same underlying condition or issue affects federal awards made by more than one federal awarding agency or pass-through entity. (41) Data Universal Numbering System(DUNS)number: DUNS number means the nine-digit number established and assigned by Dun and Bradstreet,Inc. (D&B)to identify entities uniquely.An applicant,recipient, and subrecipient must have a DUNS number in order to apply for,receive, and report on a federal award. (42) Depreciation:Depreciation means the method used to calculate the reduction in value of an item of personal or real property over time. It is the term most often used to indicate that personal property has declined in service potential.For purposes of this circular, it is also a method to calculate the value that is used when disposing of an asset before the end of its useful life when fair market value cannot be established. (43) Designated Recipient:Designated recipient means an entity designated, in accordance with the planning process under 49 U.S.C. §§ 5303 and 5304 by the governor of a state, responsible local officials, and publicly-owned operators of public transportation,to receive and apportion amounts under 49 U.S.C. § 5336 to urbanized areas of 200,000 or more in population; or a state or regional authority, if the authority is responsible under the laws of a state for a capital project and for financing and directly providing public transportation. (44) Direct Carbon Emissions: Direct carbon emission means the quantity of direct greenhouse gas emissions from a vehicle,as determined by the Administrator of the Environmental Protection Agency. (45) Direct Recipient:Direct recipient means an entity that receives funding directly from FTA. • 22