A Simple Key For 200 loan Unveiled
A Simple Key For 200 loan Unveiled
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The Federal agency ought to ask for the transfer of records to its custody in the recipient or subrecipient when it determines that the records have prolonged-term retention value.
The receiver or subrecipient ought to keep documents adequate to element the history of each procurement transaction. These data must incorporate the rationale for the procurement process, contract sort choice, contractor assortment or rejection, and The premise to the agreement selling price.
If approved by Federal laws or even the Federal award, costs incidental to generating application cash flow can be deducted from gross money to determine application revenue, provided these prices have not been billed towards the Federal award.
(four) Severance payments to foreign nationals used with the receiver or subrecipient outdoors the United States, into the extent that the amount exceeds the customary or prevailing methods for the receiver or subrecipient in The usa, are unallowable Except if They're required by relevant international regulation or needed for the effectiveness of Federal packages and authorised because of the Federal company.
Payments produced for prices established to generally be unallowable by either the awarding Federal company, cognizant company for indirect charges, or pass-via entity need to be refunded with curiosity on the Federal Govt.
indicates the time interval from the beginning day of a funded part of an award to the top date of that funded portion, in the course of which recipients and subrecipients are licensed to incur fiscal obligations of your resources awarded, including any cash carried ahead or other revisions pursuant to more info § 200.308.
(one) The only real foundation with the resolve will be the applicant's prior report of effectiveness on administering Federal awards or its history of integrity and business ethics, as described in § 200.
implies a Federal loan or loan assure been given or administered by a recipient or subrecipient, besides as employed With this section's definition of system cash flow.
(2) The Federal Authorities may perhaps both disallow all indirect costs or unilaterally create an indirect Price rate in the event the recipient fails to post a Licensed proposal for establishing a amount. This rate ought to be based upon audited historic details or other facts furnished on the cognizant company for indirect prices and for which it could be shown that each one unallowable expenses are actually excluded.
(3) The procurement is expected to exceed the simplified acquisition threshold and specifies a “manufacturer name” product or service;
(two) Prolong or renew a deal to obtain or get hold of protected telecommunications machines or providers; or
(7) Key Dates. Vital dates contain owing dates for distributing applications or Govt Purchase 12372 submissions, in addition to for any letters of intent or preapplications. For any announcement issued just before a plan's software resources are available, vital dates also contain the date on which These products is going to be released; and almost every other further information and facts, as considered applicable because of the Federal agency.
(a) All procurement transactions underneath the Federal award need to be carried out within a manner that gives entire and open competition and is also in keeping with the criteria of this portion and § 200.320.
When true property is not required with the originally approved intent, the recipient or subrecipient have to attain disposition Directions with the Federal company or move-by means of entity. The Guidance should specify one among the subsequent disposition methods: