Little Known Facts About 200 loan.
Little Known Facts About 200 loan.
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(i) Be supported by a procedure of inside Manage that provides reasonable assurance that the costs are correct, allowable, and effectively allotted;
(2) The procurement is expected to exceed the simplified acquisition threshold and is to become awarded with no Levels of competition, or just one bid is predicted being obtained in response to the solicitation;
Initiate a a person-time extension in the period of performance by around twelve months Unless of course a number of of your problems outlined in paragraphs (g)(two)(i) through (iii) of the area implement. Prior acceptance isn't necessary if a recipient is authorized in the terms and conditions from the Federal award to initiate a a person-time extension. On the other hand, the recipient must notify the Federal company in composing Along with the supporting justification along with a revised duration of performance no less than 10 calendar days before the summary of the duration of overall performance.
(xii) Help Listings title and quantity; the pass-as a result of entity will have to detect the greenback sum made obtainable beneath Every Federal award as well as the Assistance Listings Amount at the time of disbursement;
(a) Recipients and subrecipients are prohibited from obligating or expending loan or grant cash to:
suggests orders placed for assets and expert services, contracts and subawards produced, and related transactions that demand payment by a receiver or subrecipient less than a Federal award which will result in expenditures by a receiver or subrecipient beneath a Federal award.
For recipients and subrecipients apart from States, payment procedures must minimize some time elapsing among the transfer of cash through the Federal company or even the move-as a result of entity plus the disbursement of money because of the receiver or subrecipient irrespective of whether the payment is created by Digital cash transfer or by other suggests.
the Federal agency will not be required to reimburse these expenses In the event the receiver doesn't get the Federal award or In case the Federal award is a lot less than anticipated and inadequate to address such prices).
(b) The next sections aren't meant to be an extensive list of probable goods of Charge encountered underneath Federal awards. Failure to mention a specific merchandise of Price tag, which includes for instance in specified sections, will not be meant to imply that it's either allowable or unallowable. When analyzing the allowability for an merchandise of cost, Every single case should be determined by the procedure supplied for very similar or linked items of Expense and determined by the rules described in §§ two hundred.
(5) A necessity that the subrecipient allow the pass-by means of entity and auditors to access the subrecipient's data and economic statements to the pass-by entity to fulfill its checking demands; and
(b) Ensure that each subaward is clearly identified on the subrecipient as a subaward and consists of the information provided down below. A move-as a result of entity have to supply the most effective obtainable info when some of the knowledge down below is unavailable.
(a) Each Point out must expend and account for your Federal award in accordance with State guidelines and techniques for expending and accounting for your Point out's cash. All receiver and subrecipient monetary administration techniques, such as documents documenting compliance with Federal statutes, laws, and also the stipulations on the Federal award, should be sufficient to permit the preparation of reports required by the stipulations; and tracking expenditures to determine that money have already been Employed in accordance with website Federal statutes, polices, plus the conditions and terms of your Federal award. See § 200.450.
(one) The value of the remaining life of the house recorded while in the recipient's or subrecipient's accounting documents at time of donation.
(4) The expression “loan warranty determination” indicates a binding agreement by a Federal company to produce a loan promise when specified disorders are fulfilled from the borrower, the lender, or any other occasion to the assure arrangement.