Not known Details About 200 loan
Not known Details About 200 loan
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(3) The receiver or subrecipient may possibly transfer title into the assets on the Federal Government or to an eligible third party presented which the recipient or subrecipient need to be entitled to payment for its attributable percentage of the current honest market place price of the residence.
The receiver's or subrecipient's contracts will have to have the applicable provisions explained in Appendix II of this section.
When conducting procurement transactions underneath a Federal award, a Condition or Indian Tribe need to Stick to the identical policies and treatments it makes use of for procurements with non-Federal resources. If these kinds of insurance policies and treatments will not exist, States and Indian Tribes need to Keep to the procurement expectations in §§ 200.
(4) Severance payments to international nationals utilized from the recipient or subrecipient exterior the United States, to your extent that the quantity exceeds the customary or prevailing practices for your recipient or subrecipient in America, are unallowable Except They may be essential by applicable overseas regulation or needed for the performance of Federal programs and accepted via the Federal agency.
(2) Benefits each the Federal award as well as other operate in the receiver or subrecipient and might be distributed in proportions that may be approximated working with acceptable solutions; or
Proceeds with the sale of serious house, products, or provides. The proceeds need to be handled in accordance with the requirements with the Residence Criteria of §§ two hundred.
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. The notification through the Federal agency on the applicant should also supply a short rationalization with the resolve;
(b) The following sections are usually not intended to be an extensive listing of possible goods of cost encountered underneath Federal awards. Failure to say a specific merchandise of Expense, which include as an example in selected sections, is not intended to indicate that it is possibly allowable or unallowable. When deciding the allowability for an item of Price tag, Every single scenario ought to be depending on the remedy furnished for similar or associated things of Value and according to the rules explained in §§ two hundred.
(b) Expenditures or prices depending on believed expenditures for contracts beneath the Federal award are allowable only to your extent that The prices incurred or Charge estimates A part of negotiated prices could well be allowable for the receiver or subrecipient beneath subpart E of this component.
Expenses on the recipient or subrecipient ensuing from financial obligations incurred via the recipient or subrecipient during a suspension or after the termination of a Federal award will not be allowable unless the Federal company or pass-via entity expressly authorizes them within the observe of suspension or termination or subsequently. However, expenses during suspension or soon after termination are allowable if:
Some nonprofit corporations, on account of their sizing and mother nature of operations, could be considered to be just 200 loan like for-gain companies in terms of the applicability of cost ideas. These nonprofit businesses ought to function under Federal Charge ideas that utilize to for-financial gain businesses Situated at 48 CFR 31.
means Expense sharing specifically pledged voluntarily during the proposal's spending budget around the Section of the recipient or subrecipient, which will become a binding necessity in the Federal award. See § 200.306.
The recipient and subrecipient are chargeable for the oversight in the Federal award. The receiver and subrecipient will have to watch their pursuits underneath Federal awards to be certain they are compliant with all prerequisites and Assembly effectiveness anticipations.