A Simple Key For 200 loan Unveiled
A Simple Key For 200 loan Unveiled
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(one) The recipient's or subrecipient's procurement processes or Procedure fails to comply with the procurement expectations in this part;
The recipient's or subrecipient's procedures will have to steer clear of the acquisition of pointless or duplicative goods. Thing to consider needs to be provided to consolidating or breaking out procurements to acquire a far more economical invest in.
(2) A private nongovernmental Business situated in a country other than The usa that solicits and gets funds contributions from most of the people;
The Federal company must announce particular funding chances for Federal fiscal assistance that may be overtly competed. The time period overtly competed signifies prospects that aren't directed to one or more particularly recognized applicants. Into the extent feasible, the Federal company should connect chances to the general public in basic language to make sure the announcement is obtainable to diverse communities of suitable applicants, including underserved communities.
Selected problems demand Particular thought and achievable limitations in deciding allowable staff compensation expenditures less than Federal awards. Among these types of circumstances are the subsequent:
(iii) Quantities funded with the recipient or subrecipient in excess on the actuarially identified amount of money to get a fiscal 12 months may be employed because the receiver's or subrecipient's contribution in upcoming durations.
suggests the Federal company designated to carry out the obligations explained in § two hundred.513(a). The cognizant agency for audit just isn't automatically the same as the cognizant company for oblique charges.
the Federal agency is not really required to reimburse these types of charges if the receiver isn't going to get the Federal award or If your Federal award is below expected and insufficient to cover these types of fees).
A cost is allocable into a Federal award or other cost objective if the fee is assignable to that Federal award or other cost goal in accordance Using the relative Added benefits received. This regular is fulfilled if the associated fee satisfies any of the following standards:
OMB will evaluation Federal agency restrictions and implementation of this component. OMB will provide interpretations of coverage demands and aid to be certain productive, effective, and consistent implementation.
(b) Ensure that each individual subaward is clearly identified towards the subrecipient as being a subaward and contains the data offered beneath. A pass-as a result read more of entity will have to deliver the ideal accessible info when some of the data beneath is unavailable.
Some nonprofit organizations, as a result of their dimensions and nature of operations, may be looked upon as just like for-financial gain businesses concerning the applicability of Value rules. These nonprofit companies need to function below Federal Price ideas that implement to for-income businesses Situated at forty eight CFR 31.
implies enough time interval among the beginning and conclude date of the Federal award, which can include things like a number of spending plan intervals.
(four) The time period “loan assure motivation” implies a binding settlement by a Federal company to create a loan promise when specified circumstances are fulfilled because of the borrower, the lender, or every other occasion for the warranty settlement.