The smart Trick of 200 loan That Nobody is Discussing
The smart Trick of 200 loan That Nobody is Discussing
Blog Article
A subaward is for the objective of carrying out a portion of the Federal award and generates a Federal economic guidance partnership which has a subrecipient. See the definition of Subaward
(a) Bonding costs come up once the Federal company demands assurance against fiscal decline to by itself or Other people due to an act or default with the receiver or subrecipient.
(four) Regular routine maintenance treatments should be in place to make sure the home is in right Performing affliction.
(two) When no Aid Listings Amount is assigned, all Federal awards within the exact company created for the same purpose has to be mixed and regarded 1 application.
(2) Has its general performance measured in relation to if the objectives of the Federal software had been satisfied;
(i) The value of donated property must be determined in accordance Together with the accounting insurance policies of your receiver or subrecipient with the following qualifications:
The combination amount of the procurement transaction will not exceed the micro-purchase threshold described in § 200.one. Towards the extent practicable, the receiver or subrecipient ought to distribute micro-purchases equitably amid capable suppliers.
means a Federal loan or loan guarantee acquired or administered by a receiver or subrecipient, other than as utilized Within this area's definition of application earnings.
usually means a Federal award for which the beginning date is contiguous with, or closely follows, the tip from the expiring Federal award. The beginning day of a renewal award commences a new and unique period of performance.
(i) The recipient or subrecipient has didn't adjust check here to the conditions and terms in the Federal award; or
(1) Severance spend, also generally known as dismissal wages, is really a payment Along with frequent salaries and wages, by recipients and subrecipients to personnel whose employment is becoming terminated. Severance pay is allowable only to your extent that, in Every scenario, it is required by:
Some nonprofit businesses, because of their size and mother nature of functions, may be regarded as being comparable to for-income companies with regards to the applicability of Price tag ideas. These nonprofit corporations ought to function underneath Federal Price concepts that use to for-financial gain organizations Situated at 48 CFR 31.
(ii) The ideal out there desire-bearing account wouldn't reasonably be anticipated to receive fascination in surplus of $500 a year on Federal income balances;
An operating Section may perhaps supply products and services to a different working department of the exact same Point out, nearby federal government, or Indian Tribe. In these scenarios, the cost of providers offered might include allowable direct expenses in the provider as well as a professional-rated share of oblique expenditures. An ordinary indirect Expense fee equal to 15 percent from the direct salaries and wages for providing the assistance (excluding time beyond regulation, change rates, and fringe Advantages) can be applied in lieu of analyzing the actual oblique fees on the provider.