Detailed Notes on 200 loan
Detailed Notes on 200 loan
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(ii) The receiver or subrecipient must have created strategies for conducting technical evaluations and generating picks.
(2) The procurement is predicted to exceed the simplified acquisition threshold which is to become awarded without the need of Competitors, or just one bid is expected to generally be been given in reaction to some solicitation;
(five) When the receiver or subrecipient is authorized or required to offer the property, correct profits methods has to be in place to be certain the very best attainable return.
The receiver or subrecipient have to keep and use documented processes for procurement transactions beneath a Federal award or subaward, like for acquisition of home or services.
Specific circumstances involve Particular thing to consider and doable restrictions in analyzing allowable personnel compensation costs below Federal awards. Among these problems are the next:
(ii) Measuring The prices of irregular or mass severance pay via an accrual system won't obtain fairness for both equally get-togethers. Therefore, accruals will not be allowable.
(h) The Federal company have to make each and every effort and hard work to accomplish all closeout steps no later than one particular year after the finish on the duration of efficiency. Should the indirect Value fee has not been finalized and would delay closeout, the Federal company is authorized to mutually concur Together with the receiver to shut an award employing The present or most not long ago negotiated rate.
(one) The receiver or subrecipient will have to use equipment with the task or application for which it absolutely was obtained and for as long as desired, if the project or plan carries on to become supported through the Federal award. The recipient or subrecipient need to not encumber the products without having prior approval in the Federal agency or go-by means of entity.
(2) The Federal Government may perhaps both disallow all oblique prices or unilaterally set up an oblique Charge charge in the event the recipient fails to post a Licensed proposal for developing a price. This level really should be primarily based on audited historical knowledge or other information furnished into the cognizant agency for indirect charges and for which it can be shown that every one unallowable charges happen to be excluded.
usually means the prepared approval acquired beforehand by a licensed Formal of a Federal get more info agency or go-by means of entity of selected expenses or programmatic selections.
(one) Severance shell out, also normally generally known as dismissal wages, is usually a payment Along with regular salaries and wages, by recipients and subrecipients to workers whose employment is becoming terminated. Severance spend is allowable only towards the extent that, in Every situation, it is necessary by:
post-retirement health and fitness Added benefits) are allowable while in the yr of payment presented that the receiver or subrecipient follows a constant costing policy.
(v) Payments for unfunded pension costs must be charged in accordance With all the allocation concepts of this subpart. Specially, the recipient or subrecipient may well not demand unfunded pension fees on to a Federal award if People unfunded pension costs are usually not allocable to that award.
When genuine residence is no longer necessary with the originally authorized reason, the recipient or subrecipient should get hold of disposition instructions through the Federal company or go-via entity. The Guidelines will have to specify among the next disposition techniques: