Not known Factual Statements About 200 loan

Not known Factual Statements About 200 loan

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(one) The receiver or subrecipient may make use of a time-and-components sort contract only after a dedication that no other deal is ideal and If your agreement features a ceiling value that the contractor exceeds at its very own threat.

Recipients and subrecipients that don't have a current Federal negotiated indirect Price tag amount (together with provisional amount) may elect to cost a de minimis rate of up to 15 % of modified full immediate costs (MTDC). The receiver or subrecipient is approved to determine the right charge around this limit. Federal agencies and go-through entities may well not need recipients and subrecipients to implement a de minimis amount decrease when compared to the negotiated indirect Price tag charge or the rate elected pursuant to this subsection unless needed by Federal statute or regulation.

indicates a type of grant or cooperative arrangement pursuant to which the Federal company or pass-by way of entity provides a specific number of funding without the need of regard to actual expenses incurred beneath the Federal award.

suggests money obligations incurred because of the receiver or subrecipient but not paid (liquidated) for money reports organized on a income basis.

(one) Is utilized to enter right into a romantic relationship, the principal purpose of that is to transfer something of price to execute a community function approved by a law of The usa (see 31 U.

usually means time interval from the start date of a funded part of an award to the top day of that funded part, for the duration of which recipients and subrecipients are licensed to incur economical obligations on the resources awarded, such as any funds carried ahead or other revisions pursuant to § 200.308.

means an award during which the Federal company, here in keeping with precise statutory authority that permits the company to exercising judgment (“discretion”), selects the recipient or the amount of Federal funding awarded through a aggressive approach or depending on benefit of proposals. A discretionary award could possibly be selected over a non-aggressive foundation, as ideal.

The Federal agency may perhaps modify the danger evaluation Anytime through the period of efficiency, which can justify alterations to your stipulations of the Federal award. See § 200.208.

This can be a procurement technique utilized when problems aren't appropriate for using sealed bids. This procurement process may perhaps lead to either a hard and fast-price tag or Charge-reimbursement contract. They're awarded in accordance with the subsequent demands:

usually means the prepared acceptance received in advance by a licensed official of the Federal agency or move-as a result of entity of selected charges or programmatic conclusions.

(8) Executive Summary. A quick description that's published in basic language and summarizes the ambitions and aims of This system, the target audience, and qualified applicants. The textual content of The chief summary should not exceed five hundred phrases; and

The recipient or subrecipient is inspired to gain money to defray application fees when appropriate. Method profits must be useful for the first goal from the Federal award. Plan money gained throughout the period of functionality could only be utilized for costs incurred throughout the duration of effectiveness or allowable closeout costs.

The Federal agency may only use software information collections approved by OMB under the Paperwork Reduction Act of 1995 and OMB's utilizing polices in 5 CFR element 1320 and in alignment with OMB-approved, government-large knowledge elements available from the OMB-specified criteria direct.

Administrative and clerical staff salaries should Generally be taken care of as oblique expenditures. Direct charging of such charges could be proper only whenever they meet all of the subsequent circumstances: