Procedures to be followed for the reimbursement of each consortium participant for its efforts, including the dollar ceiling, the method and timing of reimbursement, the nature of the supporting documents and the procedures necessary to verify and approve the expenditures relating to grants to each organization; The Fellow shall require participants to meet the requirements of Circular A-133 and 45 CFR Part 74.26(d) for the review of NIH grants awarded by consortium participants. A consortium participant may also be a direct nih fellow or contractor or receive funding only under the consortium agreement. Regardless of whether a participant in the non-profit consortium meets the OMB Circular A-133 threshold criterion for total annual expenses of $500,000 or more under the current federal bonuses, the fellow must receive a copy of that organization`s A-133 audit and take appropriate action in relation to all findings relating to the consortium agreement. If a consortium participant does not meet this expenditure threshold, the fellow is responsible for monitoring the organization`s activities to ensure compliance with NIH requirements. The Fellow may not require a Consortium Participant to conduct an audit and charge the audit fee to NIH grants, unless necessary or approved in accordance with Circular A-133 or 45 CFR, Part 74.26(d). As part of your documentation just in time prior to award, we will ask you to provide a copy of the M&A collective agreement that the consortium/subaward organization has entered into with DHHS. For more information, see Responding to requests before attribution (“Just in Time”). identify the Principal Investigator (PI) and the persons responsible for the research activities of each consortium participant, as well as their roles and responsibilities; If the fellow makes non-free ownership available to a consortium participant or authorises a consortium participant to acquire property that would not be considered unharmed at the time of purchase by the concessionaire, ownership of that property shall remain in the hands of the concessionaire or, at the time of the acquisition of ownership, be entrusted to the dealer. The Fellow may set requirements for the use, accountability, and control of ownership, provided that they are consistent with the Fellow`s ability to meet the requirements of 45 CFR Part 74 and 45 CFR Part 92 and do not affect them. . . .