200 loan No Further a Mystery

200 loan No Further a Mystery

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(1) The recipient or subrecipient may possibly make use of a time-and-materials type contract only after a determination that no other deal is ideal and In case the agreement includes a ceiling price that the contractor exceeds at its very own possibility.

An entity may perhaps concurrently get Federal awards like a recipient, a subrecipient, along with a contractor. The move-by way of entity is to blame for building scenario-by-situation determinations to ascertain whether or not the entity acquiring Federal resources is really a subrecipient or simply a contractor. The Federal agency could require the pass-through entity to comply with additional guidance to generate these determinations, furnished these direction doesn't conflict using this type of part. The Federal agency does not have a direct authorized relationship with subrecipients or contractors of any tier; nonetheless, the Federal agency is chargeable for monitoring the move-by entity's oversight of very first-tier subrecipients.

The entire expense of a Federal award may be the sum from the allowable direct and allocable indirect expenditures minus any applicable credits

(two) Withholding authority to continue to another section till receipt of proof of satisfactory functionality;

(a) Recipients and subrecipients are prohibited from obligating or expending loan or grant money to:

(i) The worth of donated house needs to be established in accordance with the accounting insurance policies from the recipient or subrecipient with the subsequent qualifications:

Incentive compensation to personnel according to Charge reduction, economical effectiveness, suggestion awards, or protection awards is allowable to the extent that the overall payment is decided to be affordable and these costs are paid or accrued Based on an agreement entered into in very good religion involving the receiver or subrecipient and the staff ahead of the solutions ended up rendered, or In keeping with a longtime plan followed by the receiver or subrecipient so persistently concerning imply, in impact, an arrangement for making these payment.

means PII (see definition in this part), except for PII that have to be disclosed by legislation. Samples of PII consist of, but are certainly not restricted to, social protection number; copyright amount; bank card numbers; clearances, lender quantities; biometrics; day and place of birth; mom's maiden identify; prison, healthcare and money data; and academic transcripts.

(3) A charitable Group located in a country other than America that is definitely nonprofit and tax-exempt under the laws of the place where it's registered and isn't a College, school, accredited degree-granting institution of schooling, private foundation, clinic, a company engaged completely in exploration or scientific actions, church, synagogue, mosque or other equivalent entities organized mainly for religious uses; or

that is covered get more info by a disclosure exemption beneath the Freedom of data Act (FOIA). If the recipient asserts in 7 calendar times for the Federal company which posted the information that a disclosure exemption beneath FOIA handles many of the knowledge created publicly accessible, the Federal agency that posted the data ought to clear away the posting inside seven calendar days of acquiring the assertion.

(8) Executive Summary. A short description that is prepared in simple language and summarizes the targets and objectives of This system, the target audience, and qualified applicants. The textual content of The chief summary should not exceed five hundred words and phrases; and

(one) A proposal to determine a price allocation strategy or an indirect Price tag price, no matter if submitted to the Federal cognizant company for oblique prices or preserved on file from the recipient, has to be Licensed through the recipient utilizing the Certification of Price Allocation Strategy

means Charge sharing particularly pledged voluntarily inside the proposal's finances within the Element of the receiver or subrecipient, which gets a binding requirement on the Federal award. See § two hundred.306.

Official procurement methods are necessary when the worth of your procurement transaction under a Federal award exceeds the simplified acquisition threshold in the receiver or subrecipient. Official procurement solutions are aggressive and require public recognize.