Not known Details About 200 loan

(one) The recipient or subrecipient could utilize a time-and-elements kind deal only following a resolve that no other deal is suitable and if the contract features a ceiling selling price the contractor exceeds at its individual danger.

(1) Any fees when audits demanded by the Single Audit Act and subpart File of this component have not been performed, or have already been done although not in accordance with the requirements; and

(12) Council of governments, whether incorporated like a nonprofit Company less than Point out legislation; and

(two) When no Aid Listings Quantity is assigned, all Federal awards with the very same agency made for the same function have to be mixed and deemed one particular system.

(six) Other awards beneath which the recipient or subrecipient isn't necessary to account for precise costs incurred.

(i) Learns that any of that information and facts is faulty, the Federal agency must right the data inside the program inside of three business times;

(3) The accounting foundation (funds or accrual) selected for costing Every single form of leave is constantly accompanied by the recipient or subrecipient or perhaps a specified grouping of personnel.

When A part of the conditions and terms in the Federal award, the Federal agency could permit the recipient to retain equipment, or authorize a go-by entity to allow the subrecipient to retain equipment, without having even more obligation to your Federal Government Unless of course prohibited by Federal statute or regulation.

(a) The requirements established forth In this particular portion impacting the administration of Federal awards by Federal agencies develop into helpful the moment carried out by Federal businesses or when any potential amendment to this section will become ultimate.

There are unique conditions in which the recipient or subrecipient may possibly utilize a noncompetitive procurement method. The noncompetitive procurement method might only be employed more info if considered one of the next situations applies:

Method income is added to the entire allowable charges, raising the general overall amount of the Federal award.

submit-retirement well being Advantages) are allowable in the 12 months of payment delivered that the receiver or subrecipient follows a steady costing policy.

The Federal company could only use application data collections permitted by OMB beneath the Paperwork Reduction Act of 1995 and OMB's applying restrictions in 5 CFR part 1320 and in alignment with OMB-accepted, federal government-extensive facts components obtainable from your OMB-specified standards guide.

The Federal company or move-as a result of entity may settle for the receiver's or subrecipient's bonding coverage and needs for building or facility improvement contracts or subcontracts exceeding the simplified acquisition threshold.

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