The best Side of 200 loan
The best Side of 200 loan
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(one) The recipient's or subrecipient's procurement processes or Procedure fails to comply with the procurement criteria Within this aspect;
The following is a list of definitions of essential terms regularly Utilized in 2 CFR element 200. Definitions found in Federal statutes or restrictions that use to distinct courses just take priority about the subsequent definitions.
(five) Payments for unfunded PRHP prices have to be billed in accordance Along with the allocation rules of the subpart. Exclusively, the receiver or subrecipient may well not charge unfunded PRHP expenditures directly to a Federal award if These unfunded PRHP expenditures aren't allocable to that award.
The Federal company's or go-via entity's legal rights of accessibility are not restricted to the expected retention duration of this aspect but previous so long as the data are retained. Federal organizations or pass-as a result of entities have to not impose almost every other access necessities on recipients and subrecipients.
(six) Other awards under which the recipient or subrecipient just isn't needed to account for real prices incurred.
(five) Implements a application for your community function specified in authorizing statute, rather than supplying goods or providers for the benefit of the move-by entity.
signifies the Federal agency specified to perform the obligations described in § 200.513(a). The cognizant company for audit isn't essentially the same as the cognizant agency for oblique costs.
When A part of the stipulations with the Federal award, the Federal company could allow the receiver to retain products, or authorize a move-via entity to permit the subrecipient to keep equipment, without having even further obligation into the Federal Government unless prohibited by Federal statute or regulation.
(a) The standards established forth With this element affecting the administration of Federal awards by Federal companies turn out to be efficient once executed by Federal businesses or when any foreseeable future amendment to this part results in being closing.
that is roofed by a disclosure exemption underneath the Freedom of Information Act (FOIA). When the recipient asserts in just 7 calendar days towards the Federal company which posted the information that a disclosure exemption underneath FOIA addresses a number of the information built publicly offered, the Federal company that posted the knowledge should remove the publishing inside of seven calendar days of obtaining the assertion.
Fees to your receiver or subrecipient ensuing from financial obligations incurred with the receiver or subrecipient during a suspension or after the termination of the Federal award are certainly not allowable unless the Federal agency or pass-by way of entity expressly authorizes them in the recognize of suspension or termination or subsequently. Nevertheless, charges through suspension or after termination are allowable if:
(8) A payment should not be designed to the recipient or subrecipient for quantities the receiver or subrecipient withholds from contractors to guarantee satisfactory completion of work.
(v) Payments for unfunded pension fees have to be billed in accordance Together with the allocation ideas of this subpart. Exclusively, the recipient or subrecipient might not cost unfunded pension fees on to a Federal award if those unfunded pension expenditures are usually not allocable to that award.
(four) The time period “loan assure dedication” implies a binding arrangement by a Federal company to help make a more info loan assure when specified problems are fulfilled via the borrower, the lender, or every other get together to the assurance settlement.