200 loan - An Overview
200 loan - An Overview
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(A) An indirect Price fee negotiated concerning the go-by entity and the subrecipient. These fees may very well be based on a prior negotiated charge amongst a unique go-through entity as well as the subrecipient, during which case the move-by entity is not really required to acquire information justifying the rate but might elect to take action; or
The receiver's or subrecipient's procedures will have to steer clear of the acquisition of unneeded or duplicative products. Thought must be provided to consolidating or breaking out procurements to acquire a more affordable purchase.
(B) Two or even more accountable bidders happen to be recognized as ready and capable of contend effectively for the business enterprise; and
usually means a payment that a Federal agency or pass-by means of entity would make by any ideal payment system and payment technique before the receiver or subrecipient disburses the resources for program purposes.
(a) Recipients and subrecipients are prohibited from obligating or expending loan or grant cash to:
suggests the entity that owns or controls an immediate operator of an applicant or that owns or controls one or more entities that Command a direct proprietor of an applicant.
When gear obtained underneath a Federal award is no more desired for the first challenge, application, or for other things to do now or Beforehand supported by a Federal agency, the recipient or subrecipient have to request disposition instructions in the Federal company or move-as a result of entity if essential via the conditions and terms in the Federal award.
(b) When setting up efficiency reporting frequency and content, the Federal agency ought to think about what info will likely be needed to measure the receiver's progress, to identify promising methods of recipients, and Construct the proof on which the more info Federal agency tends to make program and effectiveness decisions.
signifies a gaggle of Federal awards possibly awarded under a particular software or group of plans or to a certain variety of receiver or team of recipients to which precise provisions or exceptions may well utilize.
(1) A composed desire or assertion by on the list of events to your Federal award looking for being a issue of appropriate:
A cost is reasonable if it doesn't exceed an quantity that a prudent person would incur beneath the situation prevailing when the choice was created to incur the cost. In analyzing the reasonableness of a specified Price tag, consideration must be supplied to the following:
Some nonprofit organizations, as a consequence of their measurement and nature of functions, may be looked upon as much like for-profit businesses with regard to the applicability of Price rules. These nonprofit businesses have to operate beneath Federal Charge concepts that apply to for-profit organizations Positioned at forty eight CFR 31.
(a) The costs consequence from financial obligations which have been thoroughly incurred from the receiver or subrecipient before the powerful day of suspension or termination, rather than in anticipation of it; and
(b) For fees covering a potential fiscal yr with the recipient or subrecipient, the unallowable costs has to be removed from the oblique Value swimming pools and also the prices have to be modified.