200 loan - An Overview
200 loan - An Overview
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(2) Make certain that the subrecipient normally takes corrective motion on all sizeable developments that negatively influence the subaward. Major developments contain Single Audit results connected with the subaward, other audit results, web site visits, and created notifications from the subrecipient of adverse disorders that can affect their ability to satisfy the milestones or even the goals of the subaward.
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(four) When attaining substitution devices, the receiver or subrecipient could either trade-in or offer the tools and use the proceeds to offset the expense of the alternative tools.
(A) Bids should be solicited from an suitable quantity of experienced sources, providing them with ample response time ahead of the date established for opening the bids.
(a) Recipients and subrecipients are prohibited from obligating or expending loan or grant money to:
(three) The public exigency or crisis for that prerequisite is not going to allow a delay ensuing from furnishing public notice of the aggressive solicitation;
(two) Is distinguished from the cooperative agreement in that it doesn't provide for considerable involvement of your Federal company in finishing up the activity contemplated through the Federal check here award.
signifies an award supplied by a move-by entity to some subrecipient to the subrecipient to lead on the ambitions and targets of the challenge by carrying out Element of a Federal award acquired because of the pass-as a result of entity.
signifies a group of Federal awards possibly awarded underneath a specific plan or team of systems or to a particular form of receiver or group of recipients to which unique provisions or exceptions may perhaps utilize.
(five) A prerequisite the subrecipient allow the pass-by way of entity and auditors to obtain the subrecipient's information and money statements for your go-by way of entity to satisfy its checking necessities; and
(two) Lengthen or renew a contract to obtain or get lined telecommunications gear or companies; or
Specific criteria in figuring out the allowability of payment will probably be given to any change in a recipient's or subrecipient's compensation coverage causing a substantial rise in its personnel' volume of compensation (specifically once the modify was concurrent with an increase in the ratio of Federal awards to other pursuits) or any change while in the treatment of allowability of particular varieties of payment due to variations in Federal coverage.
generally signifies a corporation or entity structured for the objective of earning a income. The term contains but is just not limited to:
An functioning Office may perhaps supply companies to another operating Division of a similar Point out, neighborhood authorities, or Indian Tribe. In these circumstances, the cost of expert services presented may possibly include things like allowable direct costs from the support furthermore a professional-rated share of indirect costs. A typical oblique Value amount equivalent to fifteen per cent with the direct salaries and wages for providing the service (excluding overtime, change premiums, and fringe Rewards) may very well be used as opposed to figuring out the particular oblique expenditures from the services.