Not known Details About 200 loan
Not known Details About 200 loan
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When appropriate for the procurement or use of prevalent or shared products and solutions, recipients and subrecipients are inspired to enter into Condition and local intergovernmental agreements or inter-entity agreements for procurement transactions.
The recipient's or subrecipient's contracts must include the applicable provisions explained in Appendix II of this section.
(five) In case the receiver or subrecipient is licensed or necessary to provide the house, suitable sales strategies must be in position to ensure the highest feasible return.
(two) The phrase “direct loan obligation” suggests a binding agreement by a Federal agency to produce a immediate loan when specified conditions are fulfilled with the borrower.
(two) PRHP fees calculated making use of an actuarial Price tag approach recognized by GAAP are allowable for just a supplied fiscal calendar year When they are funded for that year in just 6 months after the close of that calendar year. Expenditures funded after six months (or a later period agreed to via the cognizant agency for oblique prices) are allowable while in the year funded. The cognizant company for indirect prices may possibly comply with an extension if an acceptable adjustment is produced to compensate to the timing of the costs on the Federal Government and relevant Federal reimbursement plus the recipient's or subrecipient's contributions to your PRHP fund.
signifies a questioned cost exclusively determined from the auditor. Regarded questioned costs certainly are a subset of most likely questioned prices.
(3) The accounting foundation (funds or accrual) picked for costing Every sort of leave is constantly accompanied by the recipient or subrecipient or a specified grouping of personnel.
Any Federal money compensated to the recipient or subrecipient in excess of the quantity which the recipient or subrecipient is set to be entitled to under the Federal award represent a financial debt to the Federal Governing administration.
(vi) Support the distribution of the employee's salary or wages amid distinct pursuits or Value aims if the employee performs on more than one Federal award; a Federal award and non-Federal award; an indirect Charge action as well as a immediate Price action; two or maybe more indirect pursuits allocated working with various allocation bases; or an unallowable exercise as well as a immediate or oblique Expense action.
(a) Voluntary dedicated Price tag sharing is not predicted under Federal investigation grants. The Federal company may not use voluntary fully commited Value sharing as an element throughout the benefit overview of apps or proposals for Federal research grants Unless of course approved by Federal statutes or agency rules and specified in the discover of funding option.
Expenditures towards the more info recipient or subrecipient resulting from monetary obligations incurred with the receiver or subrecipient throughout a suspension or following the termination of a Federal award usually are not allowable Except if the Federal company or move-as a result of entity expressly authorizes them within the recognize of suspension or termination or subsequently. Nonetheless, fees through suspension or just after termination are allowable if:
The costs incurred by a recipient or subrecipient to Recuperate incorrect payments, which include incorrect overpayments, are allowable as possibly immediate or oblique prices, as appropriate.
(iv) Applying agreements meant to assure uninterrupted shipping of companies; making use of agreements meant to guarantee Neighborhood Advantages; or
(2) The allowability of these prices for that IHE isn't going to rely on whether they are recorded while in the accounting information of the IHE.