200 loan Fundamentals Explained
200 loan Fundamentals Explained
Blog Article
The Federal agency should ask for the transfer of data to its custody from your recipient or subrecipient when it decides that the documents have lengthy-expression retention price.
The receiver's or subrecipient's treatments must stay away from the acquisition of unwanted or duplicative goods. Thought should be supplied to consolidating or breaking out procurements to acquire a far more inexpensive acquire.
(B) Two or maybe more liable bidders are actually discovered as eager and capable of compete effectively with the enterprise; and
(one) With distinct aims and objectives that offer meaningful benefits and be according to the Federal authorizing legislation of This system;
When an appraisal of serious house is needed and acquired by the receiver or subrecipient, it need to be carried out by an independent appraiser (for instance, Qualified true home appraiser or Basic Expert services Administration agent) and Qualified by a responsible official of your receiver or subrecipient as demanded with the Uniform Relocation Aid and Actual Assets Acquisition Guidelines Act of 1970, as amended, (42 U.
Proceeds in the sale of true home, devices, or supplies. The proceeds must be managed in accordance with the requirements from the Assets Expectations of §§ two hundred.
(b) The Federal agency or go-by way of entity should collect financial experiences no a lot less than on a yearly basis. The Federal company or pass-through entity might not accumulate fiscal reviews far more usually than quarterly Except if a selected affliction has long been carried out in accordance with § two hundred.
(a) Whether or not the Expense is usually acknowledged as normal and essential for the receiver's or subrecipient's operation or the correct and successful functionality on the Federal award;
Identification of no matter whether the program will concern Federal awards over a discretionary or non-discretionary basis;
(ii) Where sabbatical leave is included in fringe Rewards for which a value is decided for evaluation to be a immediate cost, the mixture amount of this kind of assessments applicable to all operate of the institution through the base period need to be acceptable in relation to the IHE's genuine expertise underneath its sabbatical go away policy.
(a) In which the Federal Federal government ensures or insures the repayment of money borrowed by the receiver, the Federal company may perhaps require adequate bonding and insurance policies if the bonding and insurance coverage necessities of the recipient aren't deemed satisfactory to guard the desire on the Federal Federal government.
The receiver or subrecipient need to, at a bare minimum, offer the equivalent insurance policy protection for actual property and equipment acquired or improved with Federal cash as presented to house and equipment owned from the receiver or subrecipient.
The price of fringe Rewards in the shape of employer contributions or bills for social security; worker life, wellbeing, unemployment, and worker's compensation insurance (other than as indicated in § two hundred.447); pension system prices; and also other identical Advantages are allowable, furnished this sort of Advantages are permitted underneath recognized created procedures.
Statutory prerequisites may well Restrict the allowability of expenditures. Any fees that exceed get more info the utmost sum allowed by statute is probably not charged to the Federal award. Only the quantity allowable by statute may very well be billed towards the Federal award.