Everything about 200 loan
Everything about 200 loan
Blog Article
When appropriate for the procurement or use of common or shared goods and products and services, recipients and subrecipients are inspired to enter into Point out and local intergovernmental agreements or inter-entity agreements for procurement transactions.
The receiver or subrecipient need to sustain records adequate to depth the record of each procurement transaction. These information must include things like the rationale for the procurement system, agreement sort choice, contractor variety or rejection, and The idea with the contract selling price.
(d) Be accorded reliable procedure. For instance, a price will have to not be assigned to a Federal award to be a immediate Price tag if any other Price tag incurred for a similar intent in like instances has been allotted for the Federal award being an indirect cost.
suggests the Federal company accountable for reviewing, negotiating and approving Price tag allocation programs or indirect Price tag proposals on behalf of all Federal companies.
(2) Has its functionality measured in relation to whether or not the targets of a Federal method were being satisfied;
implies time interval from the start date of a funded part of an award to the top day of that funded part, throughout which recipients and subrecipients are licensed to incur financial obligations of the resources awarded, which include any cash carried ahead or other revisions pursuant to § 200.308.
There aren't any requirements governing the disposition of application cash flow earned following the finish of your duration of effectiveness in the Federal award Except stipulated inside the Federal agency polices or even the read more conditions and terms of the Federal award.
(b) When creating general performance reporting frequency and written content, the Federal agency ought to look at what facts is going to be essential to evaluate the receiver's progress, to identify promising techniques of recipients, and Construct the proof upon which the Federal company would make software and functionality conclusions.
(ii) Investigate results publicly cited by a Federal agency in acquiring an agency motion that has the drive and impact of regulation.
(e) When the recipient or subrecipient accepts a loan or grant, it can be certifying that it will adjust to the prohibition on protected telecommunications gear and expert services in this area.
Estimates based on preceding 12 months funding are suitable if present appropriations are certainly not accessible at time of your submission;
suggests the auditor's very best estimate of whole questioned prices, not merely the regarded questioned prices. Possible questioned costs are created by extrapolating from audit proof acquired, for example, by projecting identified questioned prices recognized in an audit sample to your entire population from which the sample was drawn.
(four) Salaries and wages of staff members Utilized in Assembly Expense sharing demands on Federal awards have to be supported in precisely the same manner as salaries and wages claimed for reimbursement from Federal awards.
Administrative and clerical employees salaries should Ordinarily be dealt with as oblique charges. Direct charging of those fees might be appropriate only whenever they satisfy all of the subsequent problems: