The Single Best Strategy To Use For 200 loan
The Single Best Strategy To Use For 200 loan
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(a) Title to intangible home obtained underneath a Federal award vests upon acquisition within the receiver or subrecipient. The recipient or subrecipient will have to use that intangible property with the originally licensed purpose and have to not encumber the assets without the acceptance of your Federal company or pass-by entity.
(E) The recipient or subrecipient need to doc and provide a justification for all bids it rejects.
Initiate a one particular-time extension of the duration of effectiveness by approximately twelve months Except if a number of of the situations outlined in paragraphs (g)(2)(i) by (iii) of this portion use. Prior approval isn't demanded if a receiver is authorized during the terms and conditions from the Federal award to initiate a a person-time extension. On the other hand, the receiver should notify the Federal agency in writing with the supporting justification plus a revised duration of effectiveness at the least 10 calendar times before the summary of the duration of overall performance.
(i) Any time a receiver or subrecipient uses the hard cash basis of accounting, the cost of leave is recognized during the interval which the leave is taken and compensated for.
(a) Recipients and subrecipients are prohibited from obligating or expending loan or grant funds to:
(b) Unique departments typically cost Federal awards for indirect fees through an oblique Expense amount. A separate indirect Charge level proposal for each operating department is frequently important to assert indirect charges beneath Federal awards. Oblique expenditures consist of:
The Federal company or move-as a result of entity, Inspectors Standard, the Comptroller General of The usa, or any in their approved Associates need to have the right of access to any records with the receiver or subrecipient pertinent for the Federal award to perform audits, execute internet site visits, or for any other Formal use.
If a deal is subject matter to CAS, prices must be allotted to that agreement in accordance with the Price tag Accounting Criteria, which consider priority about the allocation provisions in this part.
Prices for perform performed on Federal awards by faculty members acquiring only aspect-time appointments need to be established in a price not much more than that consistently paid for section-time assignments.
(iv) Encompass federally-assisted and all other functions compensated via the receiver or subrecipient get more info on an integrated foundation but may possibly consist of the usage of subsidiary documents as defined during the recipient's or subrecipient's penned policy;
Estimates determined by previous yr funding are appropriate if present appropriations are usually not obtainable at the time of your submission;
(8) A payment should not be created to some recipient or subrecipient for amounts that the recipient or subrecipient withholds from contractors to guarantee satisfactory completion of work.
The Federal agency could only use application info collections authorized by OMB under the Paperwork Reduction Act of 1995 and OMB's utilizing polices in 5 CFR aspect 1320 As well as in alignment with OMB-accepted, federal government-vast information elements available through the OMB-selected expectations lead.
The Federal company ought to make all funding alternatives accessible for software for at least 60 calendar days. Nevertheless, the Federal company might modify the availability duration of an opportunity as required. For example, extending the time period can be necessary to supply technical support to an applicant pool which was not expected when the announcement was created or has fewer experience with implementing for Federal monetary support.