Everything about 200 loan
Everything about 200 loan
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(7) A payment withheld for failure to comply with the terms and conditions of the Federal award has to be produced on the receiver or subrecipient on subsequent compliance. Any time a Federal award is suspended, payment changes needs to be built in accordance with § 200.343.
When a significant development that could impression the Federal award takes place involving general performance reporting thanks dates, the receiver or subrecipient need to notify the Federal company or move-by way of entity. Major developments consist of functions that allow meeting milestones and goals faster or at less Value than predicted or that deliver different advantageous outcomes than originally planned.
(d) Be accorded steady therapy. For example, a value should not be assigned to a Federal award as a immediate Expense if every other Price tag incurred for a similar function in like instances has long been allocated into the Federal award being an indirect cost.
Federal organizations may well not area restrictions to the recipient or subrecipient that Restrict community use of the data on the receiver or subrecipient pertinent to your Federal award, aside from secured Individually identifiable data (PII) or other delicate data once the Federal company can demonstrate that this kind of records will probably be kept private and would've been exempted from disclosure pursuant to the liberty of Information Act (5 U.S.C. 552) or managed unclassified data pursuant to Government Order 13556 If your information experienced belonged to your Federal agency.
(nine) The Federal company or move-through entity must not call for independent depository accounts for funds supplied to your recipient or subrecipient or establish any eligibility demands for depositories.
A brief summary with the statutory or regulatory specifications of the program and its meant consequence. Where appropriate, the program description, purpose, objectives, and functionality measurement ought to align With all the strategic targets and goals inside the Federal company's efficiency plan and should help the Federal company's efficiency measurement, management, customer expertise initiatives, and reporting as demanded by Component six of OMB Round A-11;
(b) The Federal company or go-by way of entity have to accumulate monetary reports no less than on a yearly basis. The Federal company or move-by means of entity may not gather economic stories additional commonly than quarterly Except if a particular affliction is executed in accordance with § 200.
indicates a Federal loan or loan ensure been given or administered by a recipient or subrecipient, besides as made use of In this particular section's definition of software profits.
Identification of whether This system will difficulty Federal awards over a discretionary or non-discretionary foundation;
(4) When the recipient or subrecipient cannot meet the factors for progress payments as well as Federal company or move-by means of entity has decided that reimbursement isn't possible as the recipient or subrecipient lacks sufficient Performing money, the Federal company or go-as a result of entity could provide cash with a Performing funds advance foundation. Below this process, the Federal company or move-as a result of entity need to progress money payments for the receiver or subrecipient to include its approximated disbursement requirements for an Original time period frequently aligned for the receiver's or subrecipient's disbursing cycle.
(ii) The prices are appropriately supported by accepted Charge allocation ideas in accordance with relevant Federal Expense accounting principles; and
post-retirement overall health Positive aspects) are allowable inside the year of payment furnished that the recipient or subrecipient follows a regular costing policy.
typically indicates a corporation or entity arranged for the purpose of earning a financial gain. The phrase features but isn't restricted to:
You will discover a few ways of implementing application earnings: deduction; addition; and cost-sharing. The Federal agency ought to specify what application earnings approach(s) might be Utilized in the stipulations on the Federal award. The deduction system might be applied In the event the Federal company won't specify a way for applying plan income. When no program income process is laid out in the Federal award, prior acceptance is get more info required to utilize the addition or Price tag sharing procedures.