Not known Factual Statements About 200 loan
Not known Factual Statements About 200 loan
Blog Article
(two) Make sure that the subrecipient normally takes corrective motion on all considerable developments that negatively affect the subaward. Substantial developments incorporate One Audit findings linked to the subaward, other audit findings, internet site visits, and prepared notifications from the subrecipient of adverse conditions that will influence their capability to fulfill the milestones or perhaps the goals of the subaward.
Expenses incurred or compensated by a Point out or neighborhood government on behalf of and in direct benefit to its IHEs are allowable. These fees involve but are not limited to fringe gain plans including pension expenditures and Federal Insurance policy Contributions Act (FICA) charges.
If authorized by Federal laws or maybe the Federal award, charges incidental to creating system money can be deducted from gross profits to ascertain method revenue, supplied these charges have not been charged into the Federal award.
(1) The worth of donated land and structures ought to not exceed its good market value at time of donation to the receiver or subrecipient as proven by an unbiased appraiser (for instance, Accredited genuine house appraiser or General Products and services Administration agent) and Accredited by a responsible official on the recipient or subrecipient as essential by the Uniform Relocation Aid and Actual Residence Acquisition Policies Act of 1970, as amended, (forty two U.
Irrespective of whether products is acquired in part or its entirety underneath the Federal award, the recipient or subrecipient have to take care of devices (including replacement equipment) using strategies that meet up with the subsequent prerequisites:
The receiver or subrecipient is accountable for identifying and documenting an ideal micro-purchase threshold depending on inner controls, an evaluation of threat, and its documented procurement procedures. The micro-purchase threshold used by the receiver or subrecipient must be approved or not prohibited under State, nearby, or tribal legal guidelines or laws.
signifies an award during which the Federal company, in keeping with precise statutory authority that enables the agency to work out judgment (“discretion”), selects the recipient or the level of Federal funding awarded through a aggressive system or based upon merit of proposals. A discretionary award may very well be selected with a non-competitive foundation, as suitable.
(four) The procurement is anticipated to exceed the simplified acquisition threshold, as well as a sealed bid procurement should be to be awarded to an entity besides the apparent lower bidder; or
(3) Recognize any further necessities which the offerors need to satisfy and all other factors that could be used in assessing bids or proposals.
All actions which take advantage of the receiver's or subrecipient's oblique Price tag, which includes unallowable functions and donated products and services via the receiver or subrecipient or third events, will obtain an acceptable allocation of oblique expenditures.
(b) In some circumstances, the amounts acquired in the Federal Government to finance click here actions or support operations from the receiver or subrecipient should be taken care of as applicable credits.
signifies all basic and utilized exploration activities and all advancement pursuits performed by a recipient or subrecipient. The expression analysis also includes pursuits involving the instruction of individuals in exploration approaches where by this sort of pursuits use exactly the same amenities as other analysis and advancement actions and where this sort of actions are usually not included in the instruction purpose.
(4) Salaries and wages of workforce used in Conference Price tag sharing requirements on Federal awards needs to be supported in precisely the same way as salaries and wages claimed for reimbursement from Federal awards.
The receiver or subrecipient may possibly establish a threshold bigger in comparison to the micro-acquire threshold identified from the Considerably in accordance with the necessities of this part. The recipient or subrecipient may well self-certify a threshold around $fifty,000 on an annual foundation and should maintain documentation to become designed available to the Federal agency or move-through entity and auditors in accordance with § 200.