200 loan - An Overview
200 loan - An Overview
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(a) The recipient or subrecipient ought to accomplish a cost or rate Examination For each procurement transaction, together with deal modifications, in excess from the simplified acquisition threshold. The tactic and diploma of analysis conducted count on the points bordering The actual procurement transaction.
(E) The recipient or subrecipient need to doc and supply a justification for all bids it rejects.
(4) Standard routine maintenance treatments has to be in position to make sure the house is in appropriate Doing the job ailment.
(one) With crystal clear objectives and targets that give meaningful effects and become in keeping with the Federal authorizing legislation of This system;
Other than as or else supplied by Federal statutes or even the Federal company, real house needs to be used for the originally licensed purpose providing it is necessary for that reason. Although the residence is getting used for your initially authorized intent, the recipient or subrecipient need to not get rid of or encumber its title or other passions other than as furnished by the Federal company.
usually means the documentation identifying, accumulating, and allocating or producing billing charges depending on the allowable expenditures of companies provided by a State, community govt, or Indian Tribe to its departments and organizations over a centralized foundation. The prices of those services may very well be allotted or billed to users.
usually means an entity that gets a Federal award directly from a Federal agency to carry out an exercise underneath a Federal system. The term recipient does not include things like subrecipients or people that are individuals or beneficiaries of your award.
(b) When setting up performance reporting frequency and information, the Federal company need to contemplate what information and facts will probably be essential to evaluate the recipient's progress, to detect promising practices of recipients, and Develop the proof upon which the Federal company helps make program and efficiency decisions.
Prices for function performed on Federal awards by college associates owning only more info portion-time appointments has to be identified in a price not over that consistently paid out for portion-time assignments.
(ii) An insurance provider or trustee that should sustain a rely on fund or reserve for the only objective of furnishing post-retirement Rewards to retirees and other beneficiaries.
Estimates determined by past yr funding are suitable if current appropriations are certainly not accessible at time on the submission;
The recipient and subrecipient need to keep all Federal award documents for 3 several years from your day of submission of their last monetary report. For awards which have been renewed quarterly or annually, the recipient and subrecipient must keep data for 3 yrs through the date of submission in their quarterly or yearly fiscal report, respectively.
(one) Provisions for any reserve under a self-coverage method for unemployment payment or workers' payment are allowable to the extent the provisions signify fair estimates in the liabilities for these payment and the types of coverage, the extent of coverage, and fees and premiums might have been allowable experienced insurance been purchased to protect the risks.
The receiver or subrecipient might establish a threshold better as opposed to micro-buy threshold identified inside the Considerably in accordance with the requirements of the section. The recipient or subrecipient may self-certify a threshold as many as $fifty,000 on an once-a-year foundation and should manage documentation to get designed available to the Federal agency or move-through entity and auditors in accordance with § two hundred.