200 loan - An Overview

(2) Make certain that the subrecipient usually takes corrective action on all substantial developments that negatively have an impact on the subaward. Substantial developments include things like Solitary Audit results connected with the subaward, other audit findings, web-site visits, and composed notifications from the subrecipient of adverse disorders that will impression their capability to satisfy the milestones or the goals of the subaward.

Any time a receiver or subrecipient sells the property, it should fork out the Federal agency an volume calculated by multiplying The share on the Federal agency's contribution to the initial order (and price of any advancements) because of the proceeds of your sale immediately after deducting any genuine and realistic expenses paid out to provide or deal with up the assets on the market.

(four) Common servicing techniques should be in place to ensure the residence is in good Doing the job issue.

(two) The receiver's or subrecipient's historical past of compliance Using the conditions and terms of Federal awards;

implies the method by which the Federal agency or move-as a result of entity determines that all relevant administrative steps and all demanded do the job with the Federal award are actually completed and usually takes actions as described in § two hundred.344.

(5) Implements a software for any general public purpose specified in authorizing statute, as opposed to furnishing items or products and services for the advantage of the go-through entity.

For recipients and subrecipients aside from States, payment solutions should decrease enough time elapsing between the transfer of funds within the Federal company or maybe the go-through entity and also the disbursement of funds by the receiver or subrecipient irrespective of whether the payment is produced by Digital resources transfer or by other suggests.

(two) Throughout the time that devices is employed around the task or application for which it was obtained, the recipient or subrecipient ought to also make the machines readily available for use on other packages or initiatives supported by the Federal Authorities, presented that these kinds of use will likely not interfere Along with the objective for which it had been originally obtained. First desire for other use on the gear has to be provided to other plans or tasks supported via the Federal company that financed the products.

(5) A proposed deal modification adjustments the scope of a agreement or boosts the deal amount of money by much more than the simplified acquisition threshold.

The next are not regarded as system revenue Until laid out in Federal statutes, restrictions, or perhaps the stipulations on the Federal award:

(eight) Executive Summary. A quick description that's prepared in simple language and summarizes the aims and objectives of the program, the audience, and suitable applicants. The textual content of The chief summary shouldn't exceed five hundred words; and

The Federal agency must not allow a transfer of cash that might trigger any Federal appropriation to be used for reasons apart from These in line with the appropriation.

suggests Expense sharing specifically pledged click here voluntarily from the proposal's finances over the Portion of the receiver or subrecipient, which gets to be a binding prerequisite from the Federal award. See § two hundred.306.

Administrative and clerical employees salaries ought to normally be taken care of as oblique fees. Direct charging of such charges could possibly be proper only if they meet up with all of the following disorders:

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