200 loan Fundamentals Explained
200 loan Fundamentals Explained
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(g) The recipient or subrecipient ought to not make or continue to keep any income resulting from Federal monetary assistance Unless of course explicitly authorized via the terms and conditions of your Federal award.
An entity may well concurrently get Federal awards as being a recipient, a subrecipient, and also a contractor. The pass-as a result of entity is accountable for producing case-by-scenario determinations to determine if the entity obtaining Federal cash is often a subrecipient or even a contractor. The Federal company may well require the go-by means of entity to comply with additional steering to help make these determinations, supplied this kind of assistance doesn't conflict using this type of section. The Federal agency doesn't have a immediate authorized connection with subrecipients or contractors of any tier; nevertheless, the Federal company is answerable for monitoring the move-via entity's oversight of very first-tier subrecipients.
(a) The Federal agency or go-by way of entity might critique the complex technical specs of proposed procurements underneath the Federal award In the event the Federal agency or go-by means of entity believes the evaluate is required making sure that the product or assistance specified would be the a person getting proposed for acquisition. The recipient or subrecipient have to post the technological requirements of proposed procurements when requested with the Federal company or go-through entity.
(1) The recipient or subrecipient might ask for that the Federal company or move-through entity critique its procurement technique to determine whether or not it satisfies these expectations for its system to become Licensed.
definition. A computing unit is actually a source if the acquisition Price is beneath the lesser from the capitalization stage proven with the recipient or subrecipient for financial assertion reasons or $ten,000, whatever the size of its check here practical lifestyle. See this section's definitions of computing devices
(ii) Trade insider secrets, business data, materials needed to be held confidential by a researcher right until They can be revealed, or related information and facts which can be safeguarded below law; and
(b) The Federal agency or pass-by entity should accumulate economic experiences no a lot less than annually. The Federal agency or go-through entity may well not gather monetary reports a lot more frequently than quarterly Except a certain problem has become executed in accordance with § 200.
If a deal is topic to CAS, expenditures must be allotted to that contract according to the Price tag Accounting Criteria, which acquire priority above the allocation provisions Within this aspect.
Prices for get the job done done on Federal awards by school customers possessing only component-time appointments needs to be identified at a level not in excess of that often compensated for component-time assignments.
Federal companies should establish conflict of desire guidelines for Federal awards. A receiver or subrecipient should disclose in composing any possible conflict of fascination for the Federal agency or pass-by entity in accordance Together with the set up Federal company insurance policies.
(b) Conform to any constraints or exclusions established forth in these principles or inside the Federal award regarding styles or level of Charge items.
(B) The invitation for bids need to outline the merchandise or providers with distinct information and facts, such as any expected requirements, for your bidder to correctly answer;
The aggregate dollar degree of the procurement transaction is larger when compared to the micro-order threshold but will not exceed the simplified acquisition threshold. If simplified acquisition strategies are utilized, selling price or rate quotations has to be received from an sufficient variety of capable resources.
(one) The charges might be claimed over a money or accrual foundation assuming that the methodology is disclosed and constantly used.