The 2-Minute Rule for 200 loan
The 2-Minute Rule for 200 loan
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(ii) The receiver or subrecipient have to have composed procedures for conducting specialized evaluations and making selections.
The recipient's or subrecipient's contracts must include the relevant provisions described in Appendix II of the section.
usually means a value objective that has allocated to it each immediate and indirect expenditures and, while in the recipient's or subrecipient's accumulation system, is one of the remaining accumulation factors, for example a particular award, inner challenge, or other direct exercise of a receiver or subrecipient. See also the definitions of Charge aim
The Federal agency's or move-through entity's rights of access are not restricted to the expected retention duration of this part but very last given that the information are retained. Federal organizations or pass-by entities should not impose any other accessibility requirements on recipients and subrecipients.
Payments made for expenses decided for being unallowable by either the awarding Federal company, cognizant agency for indirect prices, or pass-as a result of entity have to be refunded with desire into the Federal Governing administration.
A quick summary with the statutory or regulatory necessities of This system and its meant consequence. In which proper, the program description, reason, objectives, and overall performance measurement must align Using the strategic targets and aims inside the Federal company's efficiency strategy and may support the Federal agency's efficiency measurement, administration, client knowledge initiatives, and reporting as demanded by Part 6 of OMB Circular A-11;
The mixture degree of the procurement transaction doesn't exceed the micro-invest in threshold defined in § 200.one. To the extent practicable, the receiver or subrecipient should really distribute micro-purchases equitably among skilled suppliers.
When included in the conditions and terms on the Federal award, the Federal agency could permit the receiver to keep machines, or authorize a move-by way of entity to allow the subrecipient to keep gear, without any further obligation to your Federal Authorities Until click here prohibited by Federal statute or regulation.
A price is allocable to a Federal award or other Value goal if the associated fee is assignable to that Federal award or other Price goal in accordance Using the relative Positive aspects received. This conventional is met if the cost satisfies any of the subsequent criteria:
(three) The procurement is predicted to exceed the simplified acquisition threshold and specifies a “manufacturer name” item;
The Federal agency could notify applicants that they don't need to have to provide selected info currently being gathered by other usually means.
(five) Severance payments to overseas nationals employed with the receiver or subrecipient outside The us because of the termination from the international nationwide on account of the closing of, or curtailment of actions by, the recipient or subrecipient in that place, are unallowable Unless of course they are either:
(file) Towards the extent per set up tactics and legal requirements relevant to the receiver or subrecipient, this subpart won't prohibit recipients or subrecipients from building penned techniques for procurement transactions that include a scoring mechanism that rewards bidders that decide to distinct quantities and types of U.S. Work opportunities, minimum compensation, Gains, on-the-work-instruction for employees generating work merchandise or furnishing solutions on the agreement, and various worker protections.
(2) The allowability of such fees with the IHE will not rely upon whether they are recorded during the accounting records in the IHE.