Not known Factual Statements About 200 loan
Not known Factual Statements About 200 loan
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(two) Make sure that the subrecipient requires corrective action on all important developments that negatively have an impact on the subaward. Substantial developments incorporate Single Audit findings connected to the subaward, other audit findings, web page visits, and penned notifications from a subrecipient of adverse situations that will influence their ability to meet up with the milestones or maybe the aims of a subaward.
(b) The costs can be allowable Should the Federal award was not suspended or expired Generally at the end of the period of performance where the termination usually takes impact.
A contract is for the goal of getting items and expert services for that recipient's or subrecipient's use and produces a procurement marriage which has a contractor. See the definition of agreement
(A) Bids have to be solicited from an satisfactory variety of capable resources, providing them with adequate response time prior to the day established for opening the bids.
(six) Other awards beneath which the recipient or subrecipient just isn't needed to account for real prices incurred.
(b) Person departments typically cost Federal awards for oblique prices by an indirect Price tag charge. A different indirect Expense level proposal for each running department is frequently required to assert oblique costs beneath Federal awards. Oblique costs contain:
(two) Is distinguished from the cooperative agreement in that it doesn't provide for significant involvement with the Federal agency in carrying out the exercise contemplated with the Federal award.
usually means a Federal loan or loan assurance been given or administered by a recipient or subrecipient, besides as made use of in this segment's definition of system income.
(h) The tactic used for identifying the worth of donated tools, properties, and land for which title passes into the receiver or subrecipient may perhaps differ based on the following:
(ii) An insurer or trustee that will manage a have faith in fund or reserve for the only real reason of providing post-retirement Advantages to retirees and other beneficiaries.
(one) Is acceptable for the companies rendered and conforms towards the established penned plan from the receiver or subrecipient regularly applied to the two Federal and non-Federal actions;
post-retirement overall health Gains) are allowable from the yr of payment provided which the recipient or subrecipient follows a consistent costing policy.
(v) Payments for unfunded pension costs must be billed in accordance With all the allocation rules of this subpart. Specially, the receiver or subrecipient might not cost unfunded pension expenses straight to a Federal award if Those people unfunded pension costs aren't allocable to that award.
Intra-IHE consulting by faculty should be carried out being an IHE obligation necessitating no compensation In combination with IBS. However, in unconventional situations exactly where session is throughout departmental lines or consists of a separate or remote Procedure, plus the function executed via the school customers is in addition to their check here common tasks, any charges for these work representing extra compensation previously mentioned IBS are allowable furnished that these consulting arrangements are expressly approved from the Federal award or permitted in producing via the Federal agency.