A Simple Key For 200 loan Unveiled
A Simple Key For 200 loan Unveiled
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(seven) A payment withheld for failure to comply with the stipulations from the Federal award must be introduced towards the recipient or subrecipient on subsequent compliance. Whenever a Federal award is suspended, payment changes needs to be created in accordance with § 200.343.
(3) The disposal of scrap or surplus elements acquired while in the efficiency of a Federal award besides once the recipient or subrecipient is reimbursed for disposal fees at a predetermined total; or
(one) The recipient or subrecipient need to submit effectiveness experiences as demanded through the Federal award. Intervals needs to be no less Regular than yearly nor much more Recurrent than quarterly other than if precise circumstances are applied (See § 200.208). Experiences submitted on a yearly basis via the receiver or subrecipient must be owing no afterwards than ninety calendar days once the reporting interval. Reports submitted quarterly or semiannually needs to be because of no later on than thirty calendar days once the reporting interval. Alternatively, the Federal agency or go-through entity may perhaps call for once-a-year reports ahead of the anniversary dates of multiple-year Federal awards.
Federal businesses may well not position limits around the receiver or subrecipient that limit community use of the documents of your receiver or subrecipient pertinent to the Federal award, except for protected Individually identifiable info (PII) or other delicate info once the Federal agency can display that these types of documents might be stored confidential and would have been exempted from disclosure pursuant to the liberty of Information Act (five U.S.C. 552) or managed unclassified information and facts pursuant to Government Order 13556 When the data had belonged to the Federal company.
means the method by which the Federal company or go-via entity decides that every one relevant administrative steps and all necessary do the job of the Federal award have already been accomplished and can take steps as described in § 200.344.
Proceeds through the sale of true assets, tools, or materials. The proceeds has to be managed in accordance with the requirements of more info your Home Standards of §§ 200.
(three) Federal agencies that consider creating a Federal award for the receiver in the course of the 5 yr time period must take into consideration this information in judging whether the receiver is certified to obtain the Federal award when the Federal share from the Federal award is predicted to exceed the simplified acquisition threshold in excess of the period of efficiency;
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(four) At the conclusion of a set amount of money award, the recipient or subrecipient ought to certify in writing on the Federal company or move-through entity the job was completed as agreed to while in the Federal award, or discover Those people routines that were not accomplished, and that each one expenditures ended up incurred in accordance with § two hundred.403. In the event the necessary actions were not completed, which include fixed quantity awards paid out on the unit value basis under 200.
(ii) Obtains an update to that information that could be helpful to other Federal businesses, the Federal agency is strongly inspired to amend the knowledge while in the technique to incorporate the update inside of a timely way.
(one) Tangible or intangible belongings Employed in operations getting a helpful lifetime of more than one yr that are capitalized in accordance with GAAP. Capital belongings include things like:
(five) Severance payments to overseas nationals employed with the receiver or subrecipient outside The us due to the termination of the foreign nationwide due to the closing of, or curtailment of things to do by, the recipient or subrecipient in that nation, are unallowable Unless of course They're both:
The Federal agency may only use application information collections authorized by OMB under the Paperwork Reduction Act of 1995 and OMB's utilizing rules in 5 CFR component 1320 and in alignment with OMB-permitted, government-wide knowledge aspects available from the OMB-specified standards direct.
Immediate fees are All those prices that could be identified precisely with a specific final Value objective, like a Federal award, or other internally or externally funded activity, or which can be directly assigned to these actions rather very easily which has a large diploma of precision.