Not known Factual Statements About 200 loan
Not known Factual Statements About 200 loan
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The Federal agency ought to ask for the transfer of documents to its custody through the recipient or subrecipient when it determines which the records possess long-expression retention value.
(four) Every other entity consisting wholly or partially of one or more overseas governments or foreign governmental entities.
The recipient or subrecipient is to blame for deciding an suitable simplified acquisition threshold based upon interior controls, an evaluation of chance, and its documented procurement techniques, which can be lower than, but have to not exceed, the edge founded during the Much.
usually means the Federal agency to blame for examining, negotiating and approving Price allocation ideas or indirect Value proposals on behalf of all Federal companies.
usually means a grouping of carefully relevant programs that share frequent compliance prerequisites. The categories of clusters of packages are exploration and advancement (R&D), pupil fiscal assist (SFA), as well as other clusters. “Other clusters” are defined by OMB inside the compliance nutritional supplement or selected by a Point out for Federal awards the Point out supplies to its subrecipients that meet up with the definition of a cluster of applications.
means some time interval from the beginning day of a funded part of an award to the top day of that funded portion, through which recipients and subrecipients are licensed to incur fiscal obligations in the money awarded, like any funds carried ahead or other revisions pursuant to § 200.308.
The aggregate number of the procurement transaction doesn't exceed the micro-purchase threshold outlined in § two hundred.one. Towards the extent practicable, the receiver or subrecipient must distribute micro-buys equitably amid qualified suppliers.
(e) The receiver or subrecipient ought to be certain that all prequalified lists of persons, companies, or items Employed in procurement transactions are recent and involve adequate certified resources to make sure utmost open Level of competition.
Identification of irrespective of click here whether This system will concern Federal awards over a discretionary or non-discretionary basis;
(iv) Encompass federally-assisted and all other routines compensated because of the recipient or subrecipient on an built-in foundation but may possibly incorporate using subsidiary records as outlined within the receiver's or subrecipient's created policy;
(one) Severance pay out, also normally called dismissal wages, is really a payment As well as normal salaries and wages, by recipients and subrecipients to workers whose work is staying terminated. Severance fork out is allowable only towards the extent that, in Every circumstance, it is necessary by:
Particular things to consider in identifying the allowability of payment will likely be specified to any modify inside a recipient's or subrecipient's compensation plan resulting in a substantial rise in its workforce' degree of compensation (notably in the event the alter was concurrent with an increase in the ratio of Federal awards to other functions) or any transform while in the treatment of allowability of certain sorts of payment due to variations in Federal coverage.
When practical, the recipient or subrecipient is inspired to employ benefit engineering clauses in contracts for building assignments of enough dimension to offer affordable possibilities for Price reductions.
implies charges made by a receiver or subrecipient to some project or application for which a Federal award is gained.