The smart Trick of 200 loan That No One is Discussing

(ii) The recipient or subrecipient needs to have prepared strategies for conducting technical evaluations and making choices.

(two) The procurement is expected to exceed the simplified acquisition threshold which is for being awarded with no Opposition, or just one bid is expected to become received in response to your solicitation;

(four) When getting substitute products, the recipient or subrecipient might possibly trade-in or sell the products and make use of the proceeds to offset the price of the substitute gear.

Subparts B by way of D established forth the uniform administrative needs for Federal fiscal assistance. This contains establishing requirements for Federal businesses management of Federal economic help plans ahead of a Federal award is designed, and demands that Federal companies might impose on recipients and subrecipients all through the lifecycle of the Federal award.

(two) PRHP expenditures calculated utilizing an actuarial Charge technique recognized by GAAP are allowable for just a specified fiscal 12 months Should they be funded for that calendar year in just 6 months following the end of that 12 months. Expenses funded following six months (or a later time period agreed to via the cognizant agency for indirect costs) are allowable during the yr funded. The cognizant agency for oblique expenditures may possibly comply with an extension if an suitable adjustment is designed to compensate to the timing of the costs to your Federal Authorities and associated Federal reimbursement as well as the recipient's or subrecipient's contributions to your PRHP fund.

indicates the documentation identifying, accumulating, and allocating or developing billing fees based on the allowable fees of services furnished by a Condition, community federal government, or Indian Tribe to its departments and businesses on the centralized basis. The costs of these services may very well be allocated or billed to customers.

(iv) The recipient or subrecipient may use aggressive proposal strategies for skills-centered procurement of architectural/engineering (A/E) Skilled expert services whereby the offeror's qualifications are evaluated, and quite possibly the most certified offeror is chosen, matter to negotiation of reasonable and affordable compensation.

(b) When creating general performance reporting frequency and content, the Federal company need to look at what details will likely be essential to evaluate the receiver's development, to detect promising techniques of recipients, and Create the proof upon which the Federal company would make plan and functionality conclusions.

(five) A proposed agreement modification alterations the scope of a contract or enhances the contract amount by greater than the simplified acquisition threshold.

(iii) Lower than total compliance Together with the statistical sampling requirements observed in paragraph (five)(i) could be accepted from the cognizant agency for indirect fees if it concludes which the quantities allotted to Federal awards might be minimum or if it concludes which the procedure proposed through the receiver or subrecipient will bring about reduce costs to Federal awards than the usual program which complies with the specifications.

(eight) Govt Summary. A brief description that may be composed in simple language and summarizes the objectives and aims of This system, the target audience, and qualified applicants. The textual content of The manager summary must not exceed five hundred phrases; and

(d) In implementing the prohibition below area 889 of Community Law 115-232, heads of executive companies administering loan, grant, or subsidy packages ought to prioritize available funding and complex aid to aid influenced corporations, establishments, and get more info companies as is fairly essential for All those influenced entities to transition from covered telecommunications equipment or services, to obtain substitute gear or services, and to make sure that communications service to buyers and buyers is sustained.

Pension approach expenditures incurred in accordance Along with the founded published guidelines of the receiver or subrecipient are allowable, supplied that:

The recipient or subrecipient may perhaps set up a threshold higher when compared to the micro-invest in threshold recognized in the Much in accordance with the requirements of the segment. The receiver or subrecipient could self-certify a threshold up to $50,000 on an once-a-year foundation and have to preserve documentation for being built available to the Federal company or go-via entity and auditors in accordance with § 200.

Leave a Reply

Your email address will not be published. Required fields are marked *