Everything about 200 loan
Everything about 200 loan
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When appropriate for the procurement or utilization of common or shared merchandise and services, recipients and subrecipients are inspired to enter into State and local intergovernmental agreements or inter-entity agreements for procurement transactions.
indicates a receiver or subrecipient that provides a subaward to the subrecipient (which includes reduce tier subrecipients) to perform Component of a Federal plan. The authority from the pass-through entity beneath this component flows with the subaward arrangement amongst the pass-by way of entity and subrecipient.
If authorized by Federal laws or the Federal award, charges incidental to generating program cash flow can be deducted from gross profits to ascertain system income, provided these expenditures have not been charged for the Federal award.
suggests the Federal company answerable for examining, negotiating and approving cost allocation programs or indirect Expense proposals on behalf of all Federal businesses.
(one) The receiver or subrecipient must be paid ahead of time, offered it maintains or demonstrates the willingness to keep up both of those written treatments that reduce time elapsing involving the transfer of cash and disbursement by the receiver or subrecipient, and financial administration techniques that meet the requirements for fund control and accountability as recognized During this section. Progress payments to the receiver or subrecipient should be restricted to the minimum amount amounts essential and be timed with true, immediate cash requirements of your recipient or subrecipient in carrying out the goal of the permitted software or project.
(ii) The recipient or subrecipient is delinquent in a financial debt to The us as defined in OMB Circular A-129, “Insurance policies for Federal Credit history Systems and Non-Tax Receivables.” Below such ailments, the Federal agency or pass-by means of entity might, following furnishing realistic notice, withhold payments towards the receiver or subrecipient for financial obligations incurred after a specified date until eventually the circumstances are corrected or perhaps the financial debt is repaid to the Federal Federal government.
(three) Federal organizations that contemplate building a Federal award to the recipient over the 5 yr period of time need to look at this details in judging if the receiver is competent to receive the Federal award if the Federal share of your Federal award is expected to exceed the simplified acquisition threshold above the period of efficiency;
(a) Whether the Price tag is mostly acknowledged as standard and needed for the receiver's or subrecipient's operation or the correct and successful general performance in the Federal award;
(a) The requirements established forth On this portion influencing the administration of Federal awards by Federal organizations come to be productive when implemented by Federal agencies or when any future Modification to this aspect gets to be closing.
Topic to the requirements and disorders set forth On this section, title to genuine residence obtained or enhanced beneath the Federal award will vest upon acquisition while in the recipient or subrecipient.
(one) Severance pay back, also generally often called dismissal wages, is often a payment In combination with regular salaries and wages, by recipients and subrecipients to personnel whose work is becoming terminated. Severance pay out is allowable only towards the extent that, in Every case, it is click here needed by:
(b) In administering Federal awards which can be issue into a Federal statute prohibiting discrimination dependant on sexual intercourse, the Federal company or move-by entity will have to make sure the award is administered in a means that does not unlawfully discriminate depending on sexual orientation or gender identity When the statute's prohibition on sex discrimination encompasses discrimination based on sexual orientation and gender identification consistent with the Supreme Court docket's reasoning in Bostock
indicates Expense sharing specifically pledged voluntarily during the proposal's spending budget within the Portion of the recipient or subrecipient, which will become a binding requirement of the Federal award. See § 200.306.
The Federal company or go-by way of entity may possibly take the receiver's or subrecipient's bonding plan and needs for construction or facility advancement contracts or subcontracts exceeding the simplified acquisition threshold.