Not known Factual Statements About 200 loan
Not known Factual Statements About 200 loan
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A subaward is for the purpose of finishing up a percentage of the Federal award and results in a Federal financial aid relationship having a subrecipient. Begin to see the definition of Subaward
(3) The disposal of scrap or surplus materials obtained from the efficiency of a Federal award except when the receiver or subrecipient is reimbursed for disposal costs at a predetermined amount; or
(a) The Federal company or move-by means of entity may possibly review the complex specs of proposed procurements beneath the Federal award When the Federal company or go-through entity believes the evaluate is needed to make certain that the item or support specified will be the just one remaining proposed for acquisition. The recipient or subrecipient need to post the complex specs of proposed procurements when requested from the Federal company or go-through entity.
(two) The receiver's or subrecipient's historical past of compliance with the conditions and terms of Federal awards;
(A) The procedure for creating the estimates generates affordable approximations of the action done;
(ii) The recipient or subrecipient is delinquent within a credit card debt to The usa as outlined in OMB Circular A-129, “Procedures for Federal Credit Plans and Non-Tax Receivables.” Under such circumstances, the Federal company or pass-as a result of entity may possibly, right after providing fair notice, withhold payments to your recipient or subrecipient for economic obligations incurred following a specified day till the circumstances are corrected or perhaps the credit card debt is repaid to the Federal Governing administration.
The Federal company or pass-by entity, Inspectors Typical, the Comptroller Typical of the United States, or any in their licensed Reps needs to have the right of entry to any documents of your receiver or subrecipient pertinent into the Federal award to conduct audits, execute internet site visits, or for every other official use.
suggests an award supplied by a go-as a result of entity to a subrecipient for that subrecipient to contribute into the aims and objectives of your venture by carrying out A part of a Federal award obtained by the move-through entity.
It is a procurement strategy employed when circumstances are certainly not 200 loan suitable for employing sealed bids. This procurement strategy may cause either a set-cost or Price tag-reimbursement agreement. They are really awarded in accordance with the following requirements:
Serious home, gear, and intangible property acquired or enhanced Along with the Federal award need to be held in rely on via the receiver or subrecipient as trustee with the beneficiaries on the challenge or software underneath which the residence was obtained or improved.
(ii) The prices are appropriately supported by accepted Expense allocation options in accordance with applicable Federal Charge accounting ideas; and
(1) A proposal to determine a cost allocation prepare or an oblique Expense amount, whether or not submitted to some Federal cognizant company for oblique costs or maintained on file from the recipient, must be Accredited with the recipient using the Certification of Price Allocation Program
(iv) Making use of agreements intended to ensure uninterrupted supply of products and services; applying agreements meant to make sure community benefits; or
(b) The costs of a money assertion audit of the recipient or subrecipient that does not at this time Have got a Federal award may very well be A part of the oblique Price tag pool for a price allocation approach or indirect cost proposal.