200 loan Fundamentals Explained
200 loan Fundamentals Explained
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(7) A payment withheld for failure to comply with the terms and conditions of the Federal award have to be introduced to the recipient or subrecipient on subsequent compliance. When a Federal award is suspended, payment adjustments must be produced in accordance with § 200.343.
Micro-buys may be awarded without the need of soliciting competitive selling price or level quotations If your receiver or subrecipient considers the cost affordable based on research, practical experience, obtain historical past, or other info; and maintains paperwork to assistance its summary. Acquire playing cards can be used to be a technique of payment for micro-buys.
The Federal agency need to use OMB-accredited common data collections (as an example, Analysis Effectiveness Development Reviews) when requesting efficiency reporting information. The Federal company or pass-as a result of entity may well not obtain general performance stories more usually than quarterly unless a certain ailment has been carried out in accordance with § 200.208. To your extent practicable, the Federal agency or go-as a result of entity really should align the because of dates of efficiency studies and money studies. When reporting system functionality, the receiver or subrecipient will have to relate financial information and challenge or method accomplishments for the general performance goals and objectives with the Federal award. Also, the recipient or subrecipient must present cost information to exhibit Price tag-powerful techniques (for example, by means of unit Expense data) when demanded from the terms and conditions from the Federal award.
(three) Notwithstanding the encouragement in § two hundred.307 to get paid software money, the receiver or subrecipient should not use equipment obtained Using the Federal award to deliver expert services for just a fee that is definitely below A non-public organization would demand for identical services Until specifically licensed by Federal statute.
(i) An authorized indirect Expense price negotiated concerning the subrecipient and the Federal Government. If no authorized rate exists, a go-by way of entity ought here to decide the appropriate rate in collaboration with the subrecipient. The indirect Charge fee could be both:
(i) The value of donated home must be decided in accordance Using the accounting guidelines with the recipient or subrecipient with the next qualifications:
means the action a Federal agency or go-via entity requires to discontinue a Federal award, in entire or partially, at any time ahead of the prepared stop date on the period of general performance. Termination would not include discontinuing a Federal award as a result of a scarcity of accessible cash.
Any Federal cash compensated to the recipient or subrecipient in excess of the amount that the recipient or subrecipient is decided being entitled to underneath the Federal award represent a debt on the Federal Federal government.
(h) The strategy useful for deciding the worth of donated tools, structures, and land for which title passes to the receiver or subrecipient may possibly vary according to the subsequent:
(i) The recipient or subrecipient has didn't comply with the terms and conditions of your Federal award; or
means an entity that receives a subaward from a pass-via entity to execute part of a Federal award. The phrase subrecipient will not include things like a beneficiary or participant. A subrecipient may become a recipient of other Federal awards directly from a Federal agency.
(b) In administering Federal awards which might be subject matter to some Federal statute prohibiting discrimination based upon sex, the Federal agency or pass-through entity should make certain that the award is administered in a means that doesn't unlawfully discriminate dependant on sexual orientation or gender id If your statute's prohibition on intercourse discrimination encompasses discrimination determined by sexual orientation and gender identity per the Supreme Court docket's reasoning in Bostock
(f) To your extent in step with founded procedures and lawful specifications applicable to the receiver or subrecipient, this subpart doesn't prohibit recipients or subrecipients from producing created treatments for procurement transactions that include a scoring mechanism that rewards bidders that decide to certain figures and kinds of U.S. jobs, minimal compensation, Added benefits, on-the-position-schooling for employees creating operate products and solutions or supplying companies over a contract, and other worker protections.
The recipient or subrecipient may create a threshold greater compared to the micro-buy threshold discovered while in the FAR in accordance with the necessities of the segment. The receiver or subrecipient might self-certify a threshold around $50,000 on an yearly foundation and need to manage documentation for being built available to the Federal agency or move-by means of entity and auditors in accordance with § two hundred.