200 loan Options
200 loan Options
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(ii) The receiver or subrecipient will need to have created techniques for conducting technological evaluations and making choices.
The recipient's or subrecipient's methods should stay away from the acquisition of unwanted or duplicative things. Thing to consider must be presented to consolidating or breaking out procurements to get a more affordable acquire.
(1) The recipient or subrecipient need to submit performance reports as necessary via the Federal award. Intervals must be no fewer Regular than on a yearly basis nor a lot more Regular than quarterly other than if certain circumstances are used (See § two hundred.208). Reviews submitted on a yearly basis from the receiver or subrecipient need to be thanks no later on than ninety calendar times once the reporting period of time. Reviews submitted quarterly or semiannually need to be due no later than 30 calendar times following the reporting time period. Alternatively, the Federal company or pass-by entity may have to have annual studies prior to the anniversary dates of various-year Federal awards.
(xii) Help Listings title and amount; the go-by means of entity ought to discover the greenback volume created accessible below Every Federal award as well as Help Listings Variety at enough time of disbursement;
(one) The recipient or subrecipient need to be paid ahead of time, supplied it maintains or demonstrates the willingness to maintain both composed processes that lower the time elapsing in between the transfer of resources and disbursement by the receiver or subrecipient, and monetary administration techniques that meet up with the criteria for fund Manage and accountability as established During this portion. Advance payments to some recipient or subrecipient needs to be restricted to the minimum amount amounts wanted and be timed with genuine, immediate cash specifications on the recipient or subrecipient in carrying out the objective of the permitted application or undertaking.
usually means a questioned Price tag especially determined through the auditor. Acknowledged questioned fees certainly are a subset of very likely questioned prices.
(h) The Federal agency ought to make every single energy to complete all closeout actions no later than a person 12 months after the finish of your duration of efficiency. If your oblique Price rate hasn't been finalized and would delay closeout, the Federal agency is approved to mutually concur Along with the receiver to close an award making use of The present or most not long ago negotiated level.
(e) The recipient or subrecipient have to be sure that all prequalified lists of individuals, corporations, or items Utilized in procurement transactions are existing and consist of plenty of experienced resources to be certain maximum open Competitors.
The price of fringe Gains in the form of normal payment paid out to workforce in the course of periods of authorized absences with the career, which include for once-a-year leave, loved ones-similar depart, Unwell leave, holidays, court leave, armed forces leave, administrative leave, and other identical Gains, are allowable if all of the next requirements are met:
All things to do which reap the benefits of the recipient's or subrecipient's indirect Value, including unallowable functions and donated expert services by the recipient or subrecipient or 3rd get-togethers, will acquire an acceptable allocation of oblique charges.
(ii) The costs are correctly supported by authorized cost allocation options in accordance with relevant Federal Value accounting principles; and
The receiver and subrecipient ought to keep all Federal award documents for three decades through the day of submission of their closing economical report. For awards which are renewed quarterly or each year, the receiver and subrecipient have to keep documents for three years within the date of submission of their quarterly or annual financial report, respectively.
(iv) Employing agreements intended to guarantee uninterrupted shipping of companies; utilizing agreements meant to guarantee Neighborhood Advantages; or
The Federal agency should make all funding opportunities accessible for application for at least sixty calendar days. On the other hand, the Federal agency may well modify the availability duration of an opportunity as necessary. For instance, extending the interval could be here required to give technical support to an applicant pool which was not predicted in the event the announcement was created or has fewer knowledge with making use of for Federal economic aid.