200 loan Options
200 loan Options
Blog Article
(6) Cognizant organizations for indirect fees are encouraged to approve choice proposals based upon outcomes and milestones for system general performance when these are typically clearly documented.
(three) The disposal of scrap or surplus supplies acquired inside the performance of the Federal award other than in the event the recipient or subrecipient is reimbursed for disposal charges in a predetermined sum; or
(5) In the event the receiver or subrecipient is approved or necessary to sell the residence, proper revenue strategies has to be in place to be certain the highest probable return.
(2) The Federal company need to notify OMB of any authorized deviations. The recipient or subrecipient may well notify OMB of any disputes with Federal businesses relating to the application of the federally negotiated oblique Charge fee.
(six) Other awards beneath which the recipient or subrecipient just isn't needed to account for precise expenditures incurred.
The receiver or subrecipient is to blame for deciding and documenting an appropriate micro-acquire threshold dependant on inside controls, an evaluation of possibility, and its documented procurement procedures. The micro-invest in threshold utilized by the recipient or subrecipient should be approved or not prohibited below State, regional, or tribal guidelines or restrictions.
The Federal company or move-as a result of entity, Inspectors Standard, the Comptroller Typical of The usa, or any of their approved Associates should have the best of usage of any documents from the recipient or subrecipient pertinent for the Federal award to conduct audits, execute site visits, or for some other official use.
If a agreement is topic to CAS, fees has to be allocated to that contract based on the Expense Accounting Expectations, which acquire precedence more than the allocation provisions in this part.
(four) At the conclusion of a hard and fast volume award, the receiver or subrecipient should certify in writing towards the Federal company or go-through entity that the venture was concluded as agreed to in the Federal award, or discover Those people things to do which were not completed, and that all expenditures had website been incurred in accordance with § two hundred.403. If the required routines were not carried out, including set volume awards paid out over a device selling price foundation less than two hundred.
(b) Expenditures or selling prices based on believed prices for contracts underneath the Federal award are allowable only to your extent that the costs incurred or Price estimates included in negotiated rates could be allowable for the recipient or subrecipient beneath subpart E of this portion.
The applicant's file of controlling preceding and recent Federal awards, which include compliance with reporting needs and conformance for the terms and conditions of Federal awards, if relevant;
The prior acceptance needs for the steps explained in paragraph (g) of this portion are quickly waived for Federal awards that assistance investigate Except if stipulated within the Federal company's regulations or stipulations in the Federal award.
(ii) The ideal available interest-bearing account would not reasonably be predicted to make curiosity in extra of $500 annually on Federal income balances;
The receiver and subrecipient are liable for the oversight of the Federal award. The recipient and subrecipient will have to watch their pursuits below Federal awards to ensure These are compliant with all demands and Conference effectiveness anticipations.