5 Simple Techniques For 200 loan
5 Simple Techniques For 200 loan
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When suitable for the procurement or utilization of frequent or shared merchandise and expert services, recipients and subrecipients are encouraged to enter into Point out and native intergovernmental agreements or inter-entity agreements for procurement transactions.
(three) The disposal of scrap or surplus materials acquired within the performance of a Federal award except once the receiver or subrecipient is reimbursed for disposal charges at a predetermined volume; or
If licensed by Federal restrictions or even the Federal award, expenses incidental to building plan money might be deducted from gross profits to ascertain method money, offered these costs haven't been billed to the Federal award.
The Federal agency's or go-through entity's rights of entry aren't restricted to the needed retention duration of this section but previous as long as the documents are retained. Federal organizations or pass-via entities have to not impose any other entry necessities on recipients and subrecipients.
suggests the process by which the Federal agency or pass-by means of entity establishes that each one relevant administrative steps and all essential get the job done of the Federal award are accomplished and requires steps as explained in § 200.344.
(two) Although the gear is being used with the initially-licensed purpose, the receiver or subrecipient should not get rid of or encumber its title or other passions without the acceptance in the Federal company or go-by means of entity.
The combination degree of the procurement transaction would not exceed the micro-invest in threshold described in § two hundred.1. Towards the extent practicable, the receiver or subrecipient need to distribute micro-purchases equitably among the skilled suppliers.
(e) Any precise situations need to be immediately eliminated as soon as the conditions that prompted them happen to be pleased.
A meeting indicates an celebration whose primary reason is always to disseminate technological info over and above the receiver or subrecipient and is essential and sensible for profitable efficiency under the Federal award. Allowable convention expenditures may involve the rental of amenities, speakers' fees, attendance costs, expenditures of meals and refreshments, local transportation, together with other items incidental to this sort of conferences unless even more restricted from the stipulations in the Federal award.
There are certain situations through which the receiver or subrecipient may well utilize a noncompetitive procurement process. The noncompetitive procurement process might only be employed if considered one of the next situation applies:
Every time a proposal, program, or other computation must be submitted for the Federal Authorities to sort The premise for negotiation of the oblique Expense rate (or other typical charges), then the a few-year retention time period for its supporting documents starts with the date of submission.
post-retirement health and fitness Gains) are allowable while in the yr of payment delivered the receiver or subrecipient follows a consistent costing coverage.
(4) Salaries and wages of workers used in meeting Price sharing specifications on Federal awards has to be supported in precisely the same method as salaries and wages claimed for reimbursement read more from Federal awards.
An working Section might present providers to a different functioning department of the identical State, community government, or Indian Tribe. In these cases, the expense of solutions presented may perhaps consist of allowable direct prices from the provider moreover a professional-rated share of oblique prices. A standard indirect Expense level equal to 15 % in the direct salaries and wages for offering the provider (excluding time beyond regulation, change premiums, and fringe benefits) might be utilized as opposed to deciding the actual indirect costs of the company.