200 loan - An Overview

200 loan - An Overview

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(i) Be supported by a system of internal Command that gives reasonable assurance that the costs are exact, allowable, and thoroughly allotted;

Recipients and subrecipients that do not have a existing Federal negotiated oblique Charge level (together with provisional charge) may well elect to charge a de minimis charge of up to 15 per cent of modified full immediate expenditures (MTDC). The receiver or subrecipient is authorized to determine the right price around this limit. Federal organizations and move-by means of entities might not call for recipients and subrecipients to employ a de minimis fee lower in comparison to the negotiated indirect Price tag price or the speed elected pursuant to this subsection Except expected by Federal statute or regulation.

(twelve) Council of governments, whether or not integrated to be a nonprofit Company underneath State law; and

means Individuals charges incurred for a common or joint objective benefitting multiple Charge aim and never quickly assignable to the cost objectives especially benefitted, without having hard work disproportionate to the outcome attained. It may be vital to ascertain several pools of indirect charges to facilitate equitable distribution of indirect expenditures to the cost aims served.

means the procedure by which the Federal agency or pass-as a result of entity decides that all relevant administrative steps and all necessary do the job on the Federal award are actually accomplished and can take steps as described in § two hundred.344.

(i) Learns that any of that facts is erroneous, the Federal agency ought to correct the information within the program within just 3 business days;

usually means the action a Federal agency or pass-via entity takes to discontinue a Federal award, in full or partially, Anytime prior to the prepared finish date of the period of functionality. Termination won't consist of discontinuing a Federal award as a result of a scarcity of available resources.

The Federal company might modify the chance evaluation Anytime over the duration of functionality, which can justify improvements towards the stipulations of your Federal award. See § 200.208.

(ii) The IHE establishes a consistent written definition of labor covered by IBS, that is specific enough to ascertain conclusively when get the job done outside of that degree has occurred. This definition may very well be described in appointment letters or other documentation.

(e) If the receiver or subrecipient accepts a loan or grant, it's certifying that it'll comply with the prohibition on coated telecommunications devices and providers During this segment.

(2) Extend or renew a contract to procure or attain protected telecommunications machines or services; or

(ii) The pass-by entity will have to not need the use of the de minimis oblique Expense level When the subrecipient has an approved indirect Value price negotiated with the Federal Govt.

(v) Payments for unfunded pension costs have to be billed in accordance with the allocation concepts of the subpart. Particularly, the receiver or subrecipient might not cost unfunded pension expenditures straight to a Federal award if All those unfunded pension expenses usually are not allocable to that get more info award.

(d) The final financial report submitted by the receiver need to be owing no later on than one hundred twenty calendar days after the summary with the period of overall performance. A subrecipient need to submit a remaining economical report back to a pass-through entity no afterwards than 90 calendar times once the summary in the duration of general performance.