200 loan for Dummies
200 loan for Dummies
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A subaward is for the objective of carrying out a percentage of the Federal award and results in a Federal money support partnership using a subrecipient. See the definition of Subaward
(3) The disposal of scrap or surplus resources acquired while in the efficiency of a Federal award apart from when the receiver or subrecipient is reimbursed for disposal charges in a predetermined volume; or
(two) A non-public nongovernmental Group situated in a country apart from the United States that solicits and gets money contributions from most people;
The receiver or subrecipient and Federal agency or pass-as a result of entity must acquire measures to protect the identify of victims of a crime when entry to the victim's name is important. Only beneath remarkable and scarce situations would this kind of obtain include things like an assessment on the correct name of victims of a crime.
(three) IHEs may perhaps supply staff tuition waivers or reductions, furnished which the benefit does not discriminate in favor of very compensated staff.
A recipient or subrecipient must ask for prior prepared approval with the Federal agency or go-via entity for the next system and spending plan-similar reasons:
(h) The Federal agency must make just about every effort and hard work to finish all closeout steps no afterwards than a single yr after the finish with the duration of efficiency. Should the indirect Price price hasn't been finalized and would hold read more off closeout, the Federal company is approved to mutually concur with the receiver to shut an award employing The present or most not long ago negotiated level.
(b) When establishing overall performance reporting frequency and written content, the Federal agency ought to consider what info might be required to evaluate the recipient's progress, to discover promising methods of recipients, and Establish the evidence on which the Federal company can make plan and general performance selections.
(five) A proposed contract modification modifications the scope of the agreement or boosts the contract amount of money by over the simplified acquisition threshold.
Federal companies ought to build conflict of interest policies for Federal awards. A receiver or subrecipient will have to disclose in creating any prospective conflict of curiosity towards the Federal company or go-as a result of entity in accordance Using the set up Federal agency procedures.
(b) Be certain that every single subaward is Obviously recognized to the subrecipient being a subaward and involves the knowledge supplied below. A go-by way of entity should provide the best out there facts when a few of the data below is unavailable.
The receiver or subrecipient is inspired to gain earnings to defray application expenses when ideal. Plan revenue need to be used for the original function of your Federal award. Plan profits acquired over the duration of overall performance may well only be useful for costs incurred through the period of general performance or allowable closeout expenses.
The price of fringe Gains in the form of employer contributions or expenses for social safety; staff daily life, well being, unemployment, and employee's payment insurance policies (other than as indicated in § two hundred.447); pension program prices; and also other similar Positive aspects are allowable, provided this sort of Advantages are permitted below recognized written guidelines.
Administrative and clerical staff salaries must normally be dealt with as indirect prices. Direct charging of such charges might be correct only when they meet all of the following disorders: