200 loan - An Overview

200 loan - An Overview

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(b) Current negotiated oblique Charge rates will stay in place till they expire. The effective day of improvements to indirect Charge prices has to be dependent upon the date a recently re-negotiated charge goes into impact for that recipient's or subrecipient's fiscal calendar year.

Except if prohibited by Federal statute, the Federal agency need to layout and execute a advantage critique technique of programs for discretionary Federal awards. The objective of a benefit evaluation method is to select recipients more than likely to achieve success in delivering final results dependant on the program goals as outlined in area § 200.202. A benefit overview is really an objective process of evaluating Federal award apps in accordance While using the created benchmarks in the Federal agency.

(d) Be accorded consistent cure. For example, a cost should not be assigned to the Federal award as a direct Value if another Value incurred for a similar purpose in like circumstances has become allotted to your Federal award being an oblique Charge.

indicates a payment that a Federal company or pass-by means of entity helps make by any appropriate payment system and payment strategy prior to the recipient or subrecipient disburses the funds for application functions.

(i) An authorised indirect Expense fee negotiated between the subrecipient plus the Federal Govt. If no permitted amount exists, a move-by entity will have to identify the appropriate charge in collaboration While using the subrecipient. The indirect cost fee can be both:

(i) Learns that any of that information and facts is faulty, the Federal company ought to appropriate the information inside the procedure within just 3 organization days;

There aren't any requirements governing the disposition of method cash flow gained once the conclude from the period of functionality from the Federal award Until stipulated within the Federal company polices or even the stipulations of your Federal award.

When A part of the stipulations on the Federal award, the Federal agency could allow the receiver to retain tools, or authorize a pass-as a result of entity to permit the subrecipient to retain tools, with no even more obligation on the Federal Govt Until prohibited by Federal statute or regulation.

Rates for operate done on Federal awards by school associates owning only aspect-time appointments should be decided at a rate not much more than that often compensated for portion-time assignments.

(iv) Encompass federally-assisted and all other activities compensated because of the recipient or subrecipient on an built-in basis but might include the usage of subsidiary data as defined during the recipient's or subrecipient's created coverage;

(b) Ensure that just about every subaward is clearly discovered for the subrecipient like a subaward and consists of the information presented beneath. A go-via entity ought to provide the most effective accessible facts when many of the knowledge under is unavailable.

The recipient and subrecipient need to keep all Federal award information for 3 several years through the date of submission in their last money report. For awards that are renewed quarterly or on a yearly basis, the recipient and subrecipient have to keep data for three many years in the day of submission in their quarterly or yearly fiscal report, respectively.

means enough time interval among the beginning and stop day of a Federal award, which may include a number of budget intervals.

Formal procurement techniques are demanded when the more info value of the procurement transaction below a Federal award exceeds the simplified acquisition threshold on the recipient or subrecipient. Formal procurement strategies are competitive and demand public see.