Little Known Facts About 200 loan.
Little Known Facts About 200 loan.
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When suitable for the procurement or utilization of prevalent or shared goods and providers, recipients and subrecipients are inspired to enter into State and local intergovernmental agreements or inter-entity agreements for procurement transactions.
The next is an index of definitions of vital conditions routinely Utilized in two CFR part two hundred. Definitions found in Federal statutes or polices that apply to particular plans take priority over the subsequent definitions.
(four) When acquiring alternative devices, the receiver or subrecipient may either trade-in or provide the gear and utilize the proceeds to offset the price of the substitution equipment.
(A) Bids need to be solicited from an sufficient variety of competent resources, offering them with enough response time ahead of the day established for opening the bids.
Besides as in any other case furnished by Federal statutes or the Federal agency, true property have to be utilized for the initially licensed function given that it is required for that function. Though the home is being used for the originally authorized purpose, the recipient or subrecipient should not get rid of or encumber its title or other interests apart from as supplied by the Federal agency.
signifies a questioned Price tag especially discovered because of the auditor. Recognised questioned costs absolutely are a subset of probably questioned costs.
(b) The Federal agency or pass-as a result of entity have to gather monetary stories no below each year. The Federal agency or move-by entity might not accumulate get more info monetary studies much more frequently than quarterly Until a selected issue is implemented in accordance with § 200.
means PII (see definition During this section), except for PII that need to be disclosed by law. Samples of PII incorporate, but are certainly not restricted to, social safety selection; copyright variety; bank card numbers; clearances, financial institution quantities; biometrics; date and position of delivery; mother's maiden title; criminal, professional medical and economic documents; and academic transcripts.
implies a Federal award for which the beginning day is contiguous with, or closely follows, the end from the expiring Federal award. The beginning date of the renewal award starts a completely new and unique period of overall performance.
(i) The receiver or subrecipient has did not adjust to the stipulations from the Federal award; or
When a proposal, program, or other computation must be submitted on the Federal Authorities to sort The idea for negotiation of the oblique Price amount (or other normal premiums), then the 3-12 months retention interval for its supporting information commences with the date of submission.
(d) In applying the prohibition beneath part 889 of General public Regulation 115-232, heads of govt businesses administering loan, grant, or subsidy programs need to prioritize accessible funding and technical assistance to assist afflicted companies, establishments, and businesses as within reason essential for All those impacted entities to changeover from included telecommunications devices or solutions, to acquire alternative tools or providers, and to make sure that communications assistance to users and shoppers is sustained.
(v) Payments for unfunded pension fees should be charged in accordance Together with the allocation rules of this subpart. Exclusively, the recipient or subrecipient may not demand unfunded pension prices straight to a Federal award if those unfunded pension costs aren't allocable to that award.
Statutory requirements might Restrict the allowability of expenditures. Any expenditures that exceed the utmost total allowed by statute will not be charged for the Federal award. Only the amount allowable by statute may be billed for the Federal award.