The best Side of 200 loan

(g) The recipient or subrecipient must not get paid or maintain any income ensuing from Federal economical help Except if explicitly authorized via the terms and conditions with the Federal award.

The following is a list of definitions of key conditions commonly used in 2 CFR part two hundred. Definitions located in Federal statutes or rules that apply to distinct programs get precedence in excess of the subsequent definitions.

(1) The receiver or subrecipient will have to submit effectiveness studies as expected through the Federal award. Intervals needs to be no less Repeated than yearly nor much more Recurrent than quarterly except if certain situations are used (See § two hundred.208). Experiences submitted every year by the recipient or subrecipient needs to be because of no later on than ninety calendar days following the reporting period of time. Reviews submitted quarterly or semiannually should be because of no afterwards than 30 calendar times following the reporting period. Alternatively, the Federal company or move-via entity may perhaps demand yearly reports ahead of the anniversary dates of numerous-12 months Federal awards.

(1) The receiver or subrecipient may possibly ask for which the Federal agency or pass-by entity review its procurement technique to determine regardless of whether it meets these criteria for its program for being certified.

(nine) The Federal company or go-through entity will have to not demand individual depository accounts for money supplied on the receiver or subrecipient or build any eligibility prerequisites for depositories.

A receiver or subrecipient ought to ask for prior prepared approval from the Federal company or move-by way of entity for the next system and funds-connected motives:

When machines obtained under a Federal award is no longer desired for the original project, software, or for other things to do now or Beforehand supported by a Federal company, the receiver or subrecipient will have to request disposition Directions in the Federal agency or move-by way of entity if essential by the conditions and terms with the Federal award.

The Federal agency could modify the danger assessment at any time in the course of the duration of performance, which may justify modifications on the conditions and terms from the Federal award. See § 200.208.

suggests a bunch of Federal awards both awarded less than a particular program or team of programs or to a selected kind of recipient or group of recipients to which certain provisions or exceptions may get more info well utilize.

(three) The procurement is anticipated to exceed the simplified acquisition threshold and specifies a “model identify” item;

(2) The results of former audits. This involves considering whether or not the subrecipient receives only one Audit in accordance with subpart File and also the extent to which the exact same or similar subawards have already been audited as A serious method;

(eight) A payment will have to not be created to a receiver or subrecipient for quantities the recipient or subrecipient withholds from contractors to assure satisfactory completion of labor.

(a) The costs outcome from fiscal obligations which ended up properly incurred through the recipient or subrecipient prior to the efficient date of suspension or termination, and not in anticipation of it; and

Payment for private services contains all remuneration, paid now or accrued, for solutions of personnel rendered in the duration of overall performance under the Federal award, like but not essentially limited to wages and salaries.

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