200 loan No Further a Mystery
200 loan No Further a Mystery
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(g) The receiver or subrecipient will have to not get paid or keep any revenue resulting from Federal monetary assistance Except if explicitly approved with the stipulations of the Federal award.
(two) The procurement is expected to exceed the simplified acquisition threshold which is to generally be awarded without the need of competition, or just one bid is anticipated being obtained in reaction to your solicitation;
If licensed by Federal laws or perhaps the Federal award, fees incidental to creating system earnings may very well be deducted from gross income to determine system earnings, delivered these prices haven't been charged into the Federal award.
means the Federal company chargeable for examining, negotiating and approving Price allocation plans or indirect Expense proposals on behalf of all Federal agencies.
(i) An approved indirect Price tag rate negotiated in between the subrecipient and also the Federal Governing administration. If no accredited charge exists, a go-through entity will have to ascertain the appropriate price in collaboration With all the subrecipient. The indirect Expense fee may be possibly:
(iii) Quantities funded by the recipient or subrecipient in surplus of the actuarially identified amount for your fiscal yr can be utilised as being the recipient's or subrecipient's contribution in long run periods.
(one) The sole foundation for that determination would be the applicant's prior history of efficiency on administering Federal awards or its document of integrity and organization ethics, as explained in § 200.
When included in the stipulations of your Federal award, the Federal agency may possibly allow the recipient to retain equipment, or authorize more info a go-through entity to allow the subrecipient to keep gear, without any more obligation on the Federal Governing administration Until prohibited by Federal statute or regulation.
suggests a Federal award for which the beginning day is contiguous with, or closely follows, the top of your expiring Federal award. The start date of the renewal award commences a brand new and distinct duration of overall performance.
(eleven) The recipient or subrecipient should maintain progress payments of Federal cash in interest-bearing accounts Except amongst the next applies:
The applicant's history of running previous and current Federal awards, such as compliance with reporting requirements and conformance to your conditions and terms of Federal awards, if relevant;
(ii) The pass-through entity will have to not call for the use of the de minimis oblique cost charge When the subrecipient has an approved indirect Price tag fee negotiated Using the Federal Govt.
The aggregate dollar quantity of the procurement transaction is better than the micro-invest in threshold but would not exceed the simplified acquisition threshold. If simplified acquisition methods are utilized, rate or amount quotations has to be attained from an ample quantity of competent sources.
There are three methods of making use of plan cash flow: deduction; addition; and value-sharing. The Federal company should really specify what program earnings approach(s) might be Utilized in the stipulations of your Federal award. The deduction method will probably be employed In case the Federal agency will not specify a method for applying program cash flow. When no program income method is laid out in the Federal award, prior approval is required to use the addition or Expense sharing strategies.