200 loan No Further a Mystery

200 loan No Further a Mystery

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(1) The recipient's or subrecipient's procurement strategies or operation fails to comply with the procurement standards Within this aspect;

usually means data that could be used to tell apart or trace a person's identity, either by yourself or when combined with other individual or figuring out information that's joined or linkable to a selected unique. Some PII is offered in public resources like telephone textbooks, Internet sites, and College listings.

The Affiliation of costs with a Federal award determines whether expenditures are immediate or oblique. Fees charged on to a Federal award are typically incurred especially for that Federal award (such as, such as, supplies required to accomplish the award's objectives and the proportion of staff compensation and fringe Positive aspects expended in relation to that precise award).

(2) The time period “direct loan obligation” signifies a binding settlement by a Federal agency for making a immediate loan when specified conditions are fulfilled with the borrower.

suggests the process by which the Federal agency or pass-as a result of entity decides that each one relevant administrative actions and all demanded function in the Federal award are actually concluded and usually takes steps as explained in § 200.344.

(ii) Measuring The prices of irregular or mass severance pay by means of an accrual strategy will not accomplish fairness for both of those parties. As a result, accruals are certainly not allowable.

(B) Major improvements from the here linked get the job done activity (as described because of the recipient's or subrecipient's written insurance policies) are immediately recognized and entered to the documents.

(e) The recipient or subrecipient should make certain that all prequalified lists of folks, firms, or goods used in procurement transactions are present-day and involve ample experienced sources to be certain most open Competitors.

indicates a bunch of Federal awards both awarded below a particular application or group of plans or to a particular style of receiver or team of recipients to which unique provisions or exceptions may perhaps apply.

(four) Setting up delivery schedules (such as, The proportion of an purchase being shipped by a provided day of on a monthly basis) that inspire participation by these enterprise forms;

(2) The final results of prior audits. This incorporates contemplating whether the subrecipient receives one Audit in accordance with subpart File as well as the extent to which the exact same or comparable subawards have already been audited as A significant software;

(ii) The move-via entity will have to not have to have the usage of the de minimis indirect Price tag price In the event the subrecipient has an authorized indirect cost level negotiated Along with the Federal Government.

(a) The costs outcome from fiscal obligations which were being properly incurred through the recipient or subrecipient prior to the helpful day of suspension or termination, instead of in anticipation of it; and

(4) The phrase “loan assurance dedication” indicates a binding arrangement by a Federal agency to make a loan ensure when specified problems are fulfilled with the borrower, the lender, or almost every other occasion into the promise arrangement.