200 loan - An Overview
200 loan - An Overview
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The Federal agency should request the transfer of documents to its custody from the receiver or subrecipient when it decides that the records possess long-expression retention price.
An entity might concurrently acquire Federal awards as being a receiver, a subrecipient, plus a contractor. The pass-by way of entity is to blame for generating case-by-circumstance determinations to find out whether the entity receiving Federal funds is really a subrecipient or a contractor. The Federal company may perhaps need the move-by way of entity to comply with more steerage for making these determinations, furnished these types of steerage doesn't conflict with this section. The Federal company doesn't have a direct lawful connection with subrecipients or contractors of any tier; nevertheless, the Federal company is responsible for checking the go-as a result of entity's oversight of initial-tier subrecipients.
indicates, for purposes of § 200.330 or when used in connection with the acquisition or advancement of real property, gear, or provides underneath a Federal award, the greenback total that is the merchandise in the:
(one) The recipient or subrecipient may ask for the Federal agency or pass-via entity assessment its procurement method to find out whether or not it satisfies these expectations for its program to generally be Accredited.
(a) Awards to states, regional governments, and Indian Tribes will often be applied at the level of Section within the Point out, neighborhood governing administration, or Indian Tribe. A central provider Value allocation program is founded to allow these types of Office to assert a portion of centralized provider expenses which can be incurred in proportion on the award's things to do.
(iii) Amounts funded via the recipient or subrecipient in surplus from the actuarially decided quantity for the fiscal year can be used as being the recipient's or subrecipient's contribution in foreseeable future durations.
(1) The one basis for your perseverance is definitely the applicant's prior report of efficiency on administering Federal awards or its record of integrity and company ethics, as explained in § 200.
(b) Once the closeout of your Federal award, a romantic relationship established beneath the Federal award could possibly be modified or resulted in full or partially. This might only be accomplished With all the consent from the awarding Federal agency or go-by entity and the receiver or subrecipient, supplied the responsibilities of your recipient or subrecipient referred to in paragraph (a) of the part, together with those for residence administration as applicable, are deemed and provisions are made for continuing obligations in the recipient or subrecipient, as appropriate.
(four) At the conclusion of a fixed amount of money award, the receiver or subrecipient should certify in crafting for the Federal agency or go-by entity that the venture was concluded as agreed to while in the Federal award, or discover Those people routines that were not accomplished, and that all expenditures more info ended up incurred in accordance with § two hundred.403. In the event the expected pursuits were not performed, including mounted sum awards compensated on the device selling price basis less than two hundred.
Topic to the requirements and conditions set forth On this part, title to actual residence obtained or enhanced under the Federal award will vest upon acquisition in the recipient or subrecipient.
There isn't any common rule for classifying specified fees as direct or oblique fees. A cost can be direct for many unique support or function but oblique to the Federal award or other last Price tag aim.
put up-retirement overall health Rewards) are allowable within the 12 months of payment offered that the receiver or subrecipient follows a regular costing policy.
A Condition will have to use, control and dispose of apparatus obtained under a Federal award in accordance with Point out legal guidelines and procedures. Indian Tribes should use, regulate, and dispose of apparatus acquired underneath a Federal award in accordance with tribal laws and processes.
The Federal company must make all funding possibilities obtainable for application for at least 60 calendar times. Nonetheless, the Federal company could modify The provision period of a chance as desired. One example is, extending the period of time might be needed to offer complex aid to an applicant pool that was not anticipated if the announcement was built or has fewer expertise with making use of for Federal financial help.