A Secret Weapon For 200 loan

(1) The receiver's or subrecipient's procurement procedures or Procedure fails to comply with the procurement specifications in this section;

When a recipient or subrecipient sells the property, it have to fork out the Federal company an total calculated by multiplying The proportion with the Federal company's contribution towards the initial acquire (and value of any advancements) via the proceeds on the sale soon after deducting any true and affordable bills paid to provide or resolve up the residence available for sale.

(e) Volunteer solutions furnished by third-party Qualified and specialized staff, consultants, and other labor may very well be counted as Charge sharing When the service is needed for This system. Charges for third-celebration volunteer companies has to be in keeping with These paid for equivalent perform from the recipient or subrecipient.

Federal businesses may not spot limitations around the recipient or subrecipient that limit community entry to the documents in the recipient or subrecipient pertinent to a Federal award, aside from protected Individually identifiable data (PII) or other delicate info once the Federal company can show that these kinds of information will probably be stored confidential and would have been exempted from disclosure pursuant to the Freedom of Information Act (five U.S.C. 552) or controlled unclassified details pursuant to Government Order 13556 if the data had belonged towards the Federal agency.

(d) The Federal agency or pass-through entity must not hold off payments for the recipient or subrecipient for expenses Assembly the necessities of subpart E of the portion.

(iii) Quantities funded with the receiver or subrecipient click here in excessive on the actuarially established amount of money for any fiscal calendar year could be used because the recipient's or subrecipient's contribution in future intervals.

This Make contact with variety is only for Internet site support or Web-site recommendations. If you have thoughts or comments concerning a printed doc remember to Call the publishing agency.

usually means an award provided by a pass-by way of entity to a subrecipient for your subrecipient to contribute to your plans and targets of your undertaking by finishing up Component of a Federal award received because of the move-by entity.

suggests a Federal award for which the beginning day is contiguous with, or closely follows, the end in the expiring Federal award. The start date of a renewal award begins a new and distinct duration of functionality.

(ii) The place sabbatical depart is included in fringe Advantages for which a cost is determined for assessment being a immediate charge, the mixture level of these kinds of assessments relevant to all get the job done of the institution over the foundation time period has to be acceptable in relation towards the IHE's true practical experience underneath its sabbatical leave plan.

(one) Severance pay back, also commonly often called dismissal wages, is really a payment Together with frequent salaries and wages, by recipients and subrecipients to staff whose employment is remaining terminated. Severance pay out is allowable only on the extent that, in each circumstance, it is necessary by:

The costs incurred by a recipient or subrecipient to Get better inappropriate payments, such as incorrect overpayments, are allowable as both direct or oblique prices, as correct.

indicates some time interval amongst the beginning and conclude day of a Federal award, which can include things like one or more budget intervals.

Necessities for improvement and submission of indirect Value rate proposals and cost allocation strategies are contained in the subsequent Appendices:

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