200 loan - An Overview
200 loan - An Overview
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(g) The recipient or subrecipient will have to not gain or preserve any earnings ensuing from Federal money help Until explicitly authorized via the terms and conditions of the Federal award.
(E) The receiver or subrecipient have to document and supply a justification for all bids it rejects.
suggests, for applications of § 200.330 or when used in reference to the acquisition or improvement of actual residence, gear, or supplies below a Federal award, the greenback sum that is the products in the:
(two) Withholding authority to commence to another period until finally receipt of proof of acceptable efficiency;
Sure ailments need Distinctive thought and possible restrictions in determining allowable personnel payment expenses underneath Federal awards. Amongst such situations are the subsequent:
(b) Specific departments typically charge Federal awards for indirect charges by means of an oblique Value fee. A individual oblique Value level proposal for each running department is normally required to assert indirect charges beneath Federal awards. Oblique fees contain:
(3) Federal agencies that contemplate building a Federal award into the receiver over the five yr time period need to consider this facts in judging whether or not the receiver is competent to receive the Federal award when the Federal share of the Federal award is predicted to exceed the simplified acquisition threshold about the period of overall performance;
(e) If the Price signifies a deviation through the recipient's or subrecipient's founded published guidelines and methods for incurring costs.
(three) Recognize any further necessities which the offerors ought to satisfy and all other things that will be Employed in analyzing bids or proposals.
Federal businesses must create conflict of interest policies for Federal awards. A recipient or subrecipient must disclose in composing any probable conflict of desire to your Federal company or move-as a result of entity in accordance Using the set up Federal company procedures.
(ii) Pension costs calculated making use of an actuarial Expense process recognized by GAAP are allowable for any supplied fiscal year If they're funded for that year inside of six months following the conclusion of that calendar year. Fees funded just after 6 months (or a later period agreed to from the cognizant company for oblique costs) are allowable within the yr funded. The cognizant agency for oblique prices could comply with an extension if an acceptable adjustment is manufactured to compensate for that timing of the fees on the Federal Governing administration and similar Federal reimbursement as well as receiver's or subrecipient's contribution on the pension fund.
(1) A proposal to ascertain a cost allocation system or an indirect Expense price, no matter if submitted to your Federal cognizant agency for oblique expenses or taken care of on file because of the receiver, need to be Accredited from the recipient utilizing the Certificate of Price tag Allocation Program
The Federal agency may well only use software data collections permitted by OMB beneath the Paperwork Reduction Act of 1995 and OMB's employing laws in five CFR portion 1320 As well as in alignment with OMB-permitted, govt-extensive knowledge factors obtainable in the OMB-designated specifications lead.
(3) Confined in scope to one or more of the following different types of compliance needs: things to do permitted or unallowed; here allowable expenses/Price tag rules; eligibility; and reporting.