The 2-Minute Rule for 200 loan
The 2-Minute Rule for 200 loan
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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 guidance relationship which has a subrecipient. See the definition of Subaward
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signifies, for purposes of § 200.330 or when Employed in reference to the acquisition or improvement of true house, gear, or provides beneath a Federal award, the greenback quantity that is the merchandise of the:
Subparts B through D established forth the uniform administrative demands for Federal monetary help. This contains establishing needs for Federal companies administration of Federal fiscal guidance applications before a Federal award is built, and requirements that Federal agencies may impose on recipients and subrecipients throughout the lifecycle of the Federal award.
indicates tangible particular residence (which include information and facts engineering units) aquiring a practical life of more than one year along with a for each-device acquisition Charge that equals or exceeds the lesser in the capitalization stage recognized because of the receiver or subrecipient for economical statement reasons, or $ten,000.
(ii) The recipient or subrecipient is delinquent inside a debt to America as defined in OMB Circular A-129, “Procedures for Federal Credit Programs and Non-Tax Receivables.” Below these types of problems, the Federal company or go-by means of entity may perhaps, soon after providing fair detect, withhold payments to the receiver or subrecipient for monetary obligations incurred after a specified date till the circumstances are corrected or perhaps the personal debt is repaid to the Federal Federal government.
(3) Research details implies the recorded factual substance usually recognized in the scientific Neighborhood as required to validate study findings. Analysis knowledge would not include any of the following:
(1) The recipient or subrecipient have to use machines for that project or system for which it had been acquired and for as long as essential, whether the job or plan proceeds to become supported with the Federal award. The recipient or subrecipient should not encumber the equipment without having prior approval from the Federal agency click here or move-by entity.
(i) Prices of leaves of absence by staff members for effectiveness of graduate work or sabbatical research, vacation, or exploration are allowable, offered the IHE includes a uniform published policy on sabbatical go away for persons engaged in instruction and people engaged in investigate. These expenses need to be allocated equitably between all similar routines on the IHE.
suggests the amount of money beneath a Federal award that the recipient or subrecipient hasn't obligated. The amount is computed by subtracting the cumulative volume of the recipient's or subrecipient's unliquidated economic obligations and expenditures beneath the Federal award from the cumulative volume of resources the Federal agency or pass-by way of entity licensed the receiver or subrecipient to obligate.
(8) Govt Summary. A brief description that is definitely composed in plain language and summarizes the targets and goals of This system, the target audience, and qualified applicants. The textual content of the executive summary must not exceed 500 terms; and
implies somebody procurement transaction for materials or services, the mixture number of which won't exceed the micro-order threshold. Micro-purchases comprise a subset of a recipient's or subrecipient's little purchases employing informal procurement procedures as established forth in § two hundred.320.
(one) The Federal agency must create and maintain guidelines and strategies for conducting a threat evaluation To judge the hazards posed by applicants ahead of issuing Federal awards. This evaluation assists discover threats that may influence the improvement toward or maybe the accomplishment of the venture's targets and aims. Possibility assessments guide Federal supervisors in figuring out ideal means and time to devote to project oversight and keep track of recipient development.
(one) Charges unallowable less than other sections of those concepts will have to not be allowable less than this part only because they represent staff payment.