The best Side of 200 loan
The best Side of 200 loan
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(1) The recipient's or subrecipient's procurement techniques or Procedure fails to adjust to the procurement benchmarks During this part;
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(five) Payments for unfunded PRHP expenses needs to be billed in accordance While using the allocation ideas of this subpart. Precisely, the recipient or subrecipient may not demand unfunded PRHP expenditures straight to a Federal award if These unfunded PRHP costs are certainly not allocable to that award.
(2) The Federal company need to notify OMB of any authorised deviations. The receiver or subrecipient may possibly notify OMB of any disputes with Federal organizations about the appliance of a federally negotiated indirect cost level.
(6) Payments for allowable expenses must not be withheld Anytime in the course of the period of overall performance Until demanded by Federal statute, rules, or in one of the following instances:
(five) Implements a application for a community function specified in authorizing statute, rather than supplying goods or solutions for the benefit of the move-by way of entity.
if it does not create a Federal award to an applicant mainly because it decides the applicant won't meet the minimum amount qualification benchmarks as explained in § 200.206(a)(2). The Federal agency should report that willpower provided that all of the following implement:
usually means a Federal loan or loan ensure acquired or administered by a receiver or subrecipient, other than as used In this particular area's definition of application earnings.
(6) Pension program expenditures could more info possibly be computed utilizing a fork out-as-you-go system or an actuarial Charge technique identified by GAAP and pursuing the recipient's or subrecipient's set up created policies.
(11) The recipient or subrecipient ought to preserve progress payments of Federal resources in curiosity-bearing accounts Except one of the subsequent applies:
suggests an entity that gets a subaward from the move-through entity to carry out Section of a Federal award. The time period subrecipient won't include a beneficiary or participant. A subrecipient can also be described as a receiver of other Federal awards straight from a Federal company.
Payment for workers engaged in work on Federal awards will be reasonable to your extent that it is in step with that paid out for related function in other pursuits on the receiver or subrecipient. In scenarios exactly where the sorts of workers necessary for Federal awards usually are not found in one other things to do with the receiver or subrecipient, compensation might be regarded fair on the extent that it's similar to that compensated for equivalent do the job while in the labor current market by which the receiver or subrecipient competes for the sort of workers included.
normally signifies an organization or entity structured for the objective of earning a revenue. The time period incorporates but is just not limited to:
When authentic home is no more wanted to the at first licensed goal, the receiver or subrecipient must get disposition Guidance in the Federal agency or move-via entity. The Guidelines need to specify among the next disposition solutions: