200 loan Fundamentals Explained
200 loan Fundamentals Explained
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When appropriate for the procurement or usage of prevalent or shared goods and services, recipients and subrecipients are inspired to enter into Condition and local intergovernmental agreements or inter-entity agreements for procurement transactions.
The recipient's or subrecipient's techniques need to stay away from the acquisition of unwanted or duplicative things. Thought need to be presented to consolidating or breaking out procurements to get a more affordable buy.
(a) The Federal company or go-through entity may possibly evaluate the complex requirements of proposed procurements under the Federal award If your Federal agency or go-via entity believes the evaluation is needed to make sure that the product or provider specified is definitely the a person getting proposed for acquisition. The receiver or subrecipient ought to post the technical requirements of proposed procurements when requested with the Federal agency or pass-by entity.
(four) Severance payments to international nationals employed by the recipient or subrecipient outside The usa, towards the extent that the quantity exceeds the customary or prevailing practices for the recipient or subrecipient in America, are unallowable Until they are needed by relevant overseas regulation or needed for the functionality of Federal packages and authorised because of the Federal agency.
(six) Other awards below which the receiver or subrecipient just isn't needed to account for real prices incurred.
(2) While the equipment is getting used for your initially-licensed purpose, the recipient or subrecipient should not eliminate or encumber its title or other passions without the acceptance with the Federal company or pass-by entity.
(two) Costs of speaking with the general public and press about distinct functions or accomplishments which end result with the effectiveness on the Federal award (these charges are viewed as essential as Component of the outreach work for the Federal award); or
The Federal company may well modify the risk assessment at any time in the course of the period of performance, which may justify modifications into the conditions and terms on the Federal award. See § 200.208.
The recipient or subrecipient must award contracts only to liable contractors that possess the ability to accomplish successfully beneath the terms and conditions of the proposed agreement. The recipient or subrecipient have to look at contractor integrity, community plan compliance, proper classification of workforce (begin to see the Honest Labor Standards Act, 29 U.
suggests the amount of cash underneath a Federal award which the recipient or subrecipient has not obligated. The quantity is computed by subtracting the cumulative quantity of the recipient's or subrecipient's unliquidated monetary obligations and expenses underneath the Federal award from your cumulative degree of money the Federal company or move-as a result of entity licensed the receiver or subrecipient to obligate.
(ii) Pension fees calculated applying an actuarial Value method acknowledged by GAAP are allowable for your presented fiscal yr Should they be funded for that year inside of 6 months once the stop of that 12 months. Prices funded soon after six months (or a later on interval agreed to from the cognizant agency for indirect prices) are allowable within the 12 months funded. The cognizant company for indirect expenditures may possibly conform to an extension if an appropriate adjustment is produced to compensate to the timing of the costs for the Federal Authorities and connected Federal reimbursement as well as recipient's or subrecipient's contribution into the pension fund.
The recipient or subrecipient is inspired to receive profits to defray system charges when suitable. Application revenue needs to be used for the initial function of the Federal award. Software income attained through the period of effectiveness may only be utilized for prices incurred through the duration of general performance or click here allowable closeout expenses.
(1) The Federal company must set up and manage insurance policies and procedures for conducting a chance evaluation to evaluate the challenges posed by applicants just before issuing Federal awards. This evaluation allows detect threats that could have an impact on the development toward or perhaps the accomplishment of the challenge's aims and targets. Threat assessments guide Federal administrators in figuring out acceptable methods and the perfect time to commit to task oversight and keep an eye on receiver progress.
When genuine residence is no longer required to the initially licensed reason, the recipient or subrecipient ought to acquire disposition Guidance from your Federal company or move-by way of entity. The instructions have to specify considered one of the subsequent disposition approaches: