Not known Factual Statements About 200 loan

Not known Factual Statements About 200 loan

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A receiver or subrecipient using a current Federal negotiated indirect Price fee may apply for a a person-time extension of that arrangement for as many as four decades. This extension might be subject to assessment and acceptance with the cognizant agency for oblique costs. If this extension is granted, the receiver or subrecipient may well not ask for a price assessment till the extension period ends.

signifies a recipient or subrecipient that provides a subaward into a subrecipient (together with reduce tier subrecipients) to perform A part of a Federal method. The authority of the pass-by way of entity under this portion flows in the subaward arrangement among the go-via entity and subrecipient.

(e) Volunteer providers furnished by third-get together Experienced and specialized staff, consultants, and various labor can be counted as cost sharing If your company is essential for the program. Prices for third-occasion volunteer services needs to be in line with Those people paid out for identical get the job done via the receiver or subrecipient.

suggests economical obligations incurred with the recipient or subrecipient but not paid (liquidated) for fiscal stories ready over a cash foundation.

Unless of course the Federal agency expressly authorizes an arrangement, a recipient or subrecipient need to stick to its published guidelines and techniques regarding the permissible extent of Qualified products and services that can be presented outside the recipient or subrecipient for non-organizational payment.

(i) The value of donated house needs to be established in accordance With all the accounting insurance policies on the receiver or subrecipient with the subsequent skills:

(1) The sole basis for that resolve could be the applicant's prior record of functionality on administering Federal awards or its report of integrity and enterprise ethics, as explained in § 200.

indicates an award supplied by a move-by way of entity to a subrecipient to the subrecipient to contribute to the plans and goals on the challenge by finishing up Component of a Federal award acquired from the go-via entity.

A convention means an party whose Principal purpose is usually to disseminate technological information and facts beyond the recipient or subrecipient and is critical and fair for productive performance underneath the Federal award. Allowable meeting expenses could include things like the rental of services, speakers' fees, attendance charges, charges of foods and refreshments, community transportation, and various products incidental to this sort of conferences Except if even more limited because of the conditions and terms of your Federal award.

signifies the amount of funds beneath a Federal award the recipient or subrecipient hasn't obligated. The amount is computed by more info subtracting the cumulative amount of the recipient's or subrecipient's unliquidated monetary obligations and expenditures underneath the Federal award through the cumulative quantity of money the Federal company or pass-by way of entity approved the recipient or subrecipient to obligate.

usually means an every year current authoritative source of knowledge for auditors that identifies current significant compliance specifications the Federal Governing administration expects for being regarded as Component of an audit.

(i) In a number of partial payments. The amount of Every payment plus the “milestone” or function triggering the payment, ought to be agreed to ahead of time and included in the Federal award;

(ii) The best obtainable fascination-bearing account would not moderately be expected to make curiosity in surplus of $500 a year on Federal hard cash balances;

The costs of specified activities will not be allowable as charges to Federal awards. Though these fees are unallowable, they must be taken care of as direct prices for uses of figuring out oblique Price tag rates and be allocated their equitable share with the receiver's or subrecipient's indirect expenditures whenever they characterize pursuits which: