Top Guidelines Of 200 loan
Top Guidelines Of 200 loan
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(3) Each Federal agency that considers generating a Federal award on the applicant all through that 5-year period of time will take into consideration that information in analyzing the applicant's qualification to receive a Federal award when the entire Federal share of the Federal award is anticipated to exceed the simplified acquisition threshold in excess of the duration of efficiency;
(one) The term “direct loan” indicates a disbursement of resources by the Federal Authorities to some non-Federal borrower beneath a agreement that needs the repayment of these resources with or without having desire. The phrase contains the acquisition of, or participation in, a loan created by An additional lender and financing preparations that defer payment for a lot more than ninety days, such as the sale of a Federal Governing administration asset on credit history conditions.
(3) Expenses incurred in severance pay out packages that happen to be in excessive on the standard severance spend provided by the receiver or subrecipient to an staff on termination of employment and which might be paid out to the employee contingent on a change in administration Regulate about, or ownership of, the receiver's or subrecipient's property, are unallowable.
(3) Notwithstanding the encouragement in § 200.307 to make program revenue, the receiver or subrecipient ought to not use equipment acquired Using the Federal award to offer solutions for any charge that's below a private enterprise would demand for similar solutions Except specifically authorized by Federal statute.
(3) IHEs may well provide workforce tuition waivers or reductions, offered that the profit doesn't discriminate in favor of really compensated staff members.
The receiver or subrecipient is chargeable for identifying and documenting an appropriate micro-acquire threshold according to interior controls, an analysis of hazard, and its documented procurement processes. The micro-order threshold used by the receiver or subrecipient have to be licensed or not prohibited beneath Condition, area, or tribal legal guidelines or rules.
suggests the Federal agency selected to perform the duties explained in § two hundred.513(a). The cognizant agency for audit just isn't necessarily the same as the cognizant agency for oblique charges.
(e) Whether the Value represents a deviation with the receiver's or subrecipient's set up written policies and procedures for incurring prices.
(five) A proposed agreement modification improvements the scope of the contract or boosts the contract quantity by over the simplified acquisition threshold.
Federal businesses must create conflict of desire insurance policies for Federal awards. A recipient or subrecipient ought to disclose in creating any opportunity conflict of interest towards the Federal agency or move-by entity in accordance Using the proven Federal agency guidelines.
(1) Tangible or intangible property Utilized in functions using a helpful life of more than one yr that happen to be capitalized in accordance with GAAP. Funds assets incorporate:
The receiver or subrecipient will have to, at a minimum amount, give the equal coverage protection for true property and products obtained or enhanced with Federal funds as presented to assets get more info and devices owned with the receiver or subrecipient.
(4) Salaries and wages of staff Employed in Conference cost sharing specifications on Federal awards has to be supported in precisely the same method as salaries and wages claimed for reimbursement from Federal awards.
(3) Restricted in scope to one or more of the following varieties of compliance requirements: things to do permitted or unallowed; allowable expenditures/Charge principles; eligibility; and reporting.