Everything about 200 loan
Everything about 200 loan
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(a) This section provides principles to be used in setting up the allowability of sure items associated with figuring out Expense, As well as other needs of the subpart. These principles use if a specific cost product is effectively treated like a direct or indirect Price tag.
The recipient or subrecipient should maintain records enough to depth the record of each and every procurement transaction. These data should consist of the rationale for your procurement technique, agreement form collection, contractor selection or rejection, and The idea with the agreement cost.
Initiate a one-time extension of the duration of functionality by up to twelve months Unless of course one or more of the situations outlined in paragraphs (g)(2)(i) through (iii) of the area apply. Prior approval is not really demanded if a receiver is authorized from the conditions and terms from the Federal award to initiate a 1-time extension. However, the recipient need to notify the Federal company in producing Using the supporting justification in addition to a revised duration of overall performance at the very least 10 calendar times prior to the summary in the period of performance.
(4) Telecommunications or movie surveillance equipment or services developed or furnished by an entity the Secretary of Defense, in consultation Along with the Director on the National Intelligence or even the Director on the Federal Bureau of Investigation, fairly believes for being an entity owned or controlled by, or normally connected to, The federal government of a coated international region;
(2) PRHP charges calculated using an actuarial Price tag strategy recognized by GAAP are allowable for a presented fiscal 12 months Should they be funded for that 12 months inside 6 months following the stop of that calendar year. Costs funded right after 6 months (or even a later on period of time agreed to from the cognizant agency for indirect charges) are allowable in the 12 months funded. The cognizant agency for oblique expenses may well comply with an extension if an ideal adjustment is produced to compensate to the timing of the costs on the Federal Federal government and related Federal reimbursement plus the recipient's or subrecipient's contributions website on the PRHP fund.
(six) Specifying merely a “brand name name” item in lieu of allowing “an equivalent” products to get presented and describing the effectiveness or other pertinent requirements of the procurement; and
The combination volume of the procurement transaction will not exceed the micro-order threshold defined in § two hundred.1. To your extent practicable, the recipient or subrecipient should distribute micro-purchases equitably among competent suppliers.
The Federal company might modify the danger assessment at any time over the duration of overall performance, which may justify improvements to the stipulations from the Federal award. See § two hundred.208.
A cost is allocable to the Federal award or other cost goal if the expense is assignable to that Federal award or other cost objective in accordance with the relative Positive aspects acquired. This conventional is achieved if the price satisfies any of the following criteria:
(ii) An insurer or trustee that should manage a belief fund or reserve for the only real intent of supplying submit-retirement Advantages to retirees along with other beneficiaries.
(k) For institutions of better training (IHE), voluntary uncommitted cost sharing really should be addressed in different ways from required or voluntary dedicated Price tag sharing. Voluntary uncommitted Price sharing shouldn't be A part of the organized investigation base for computing the oblique Value fee or mirrored in any allocation of indirect expenditures.
(8) A payment ought to not be built to the receiver or subrecipient for quantities the recipient or subrecipient withholds from contractors to guarantee satisfactory completion of work.
Title to devices obtained beneath the Federal award will vest upon acquisition while in the recipient or subrecipient matter on the problems of this part. This title has to be a conditional title Except if a Federal statute especially authorizes the Federal agency to vest title in the receiver or subrecipient devoid of even further duty to your Federal Govt (plus the Federal agency elects to take action).
(2) The allowability of such expenses for the IHE will not depend upon whether or not they are recorded within the accounting documents of your IHE.