The 2-Minute Rule for 200 loan
The 2-Minute Rule for 200 loan
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The Federal company ought to ask for the transfer of data to its custody from the recipient or subrecipient when it determines the data have extended-time period retention price.
(3) The worth of donated Area must not exceed the good rental price of equivalent House as established by an independent appraisal of comparable Place and facilities in the privately-owned developing in the same locality.
(two) A personal nongovernmental Group located in a country besides America that solicits and gets funds contributions from the general public;
(d) The receiver or subrecipient need to have composed procedures for procurement transactions. These processes ought to be certain that all solicitations:
(three) IHEs could present workforce tuition waivers or reductions, delivered which the benefit won't discriminate in favor of hugely compensated staff members.
(i) The value of donated residence should be identified in accordance Together with the accounting policies on the receiver or subrecipient with the next qualifications:
(three) The accounting basis (income or accrual) picked for costing Every variety of depart is constantly accompanied by the receiver or subrecipient or a specified grouping of workforce.
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These procurement procedures expedite the completion of transactions, lower administrative burdens, and cut down costs. Informal procurement methods could be employed when the worth of your procurement transaction underneath the Federal award would not exceed the simplified acquisition threshold as described in § two hundred.
(four) Take care of audit findings specifically connected to the subaward. Having said that, the move-by entity isn't accountable for resolving cross-cutting audit results that apply for the subaward and other Federal awards or subawards. If a subrecipient contains a latest Single Audit report and it has more info not been excluded from acquiring Federal funding (this means, hasn't been debarred or suspended), the move-through entity may well count on the subrecipient's cognizant company for audit or oversight company for audit to complete audit follow-up and make management selections linked to cross-chopping audit findings in accordance with part § 200.
(eight) Govt Summary. A brief description that is certainly prepared in basic language and summarizes the ambitions and aims of the program, the target market, and suitable applicants. The textual content of The manager summary shouldn't exceed five hundred terms; and
for recipients and subrecipients signifies processes designed and executed by recipients and subrecipients to deliver realistic assurance regarding the accomplishment of goals in the subsequent groups:
(a) All procurement transactions underneath the Federal award have to be performed inside a fashion that provides full and open up Competitiveness and it is consistent with the specifications of the area and § two hundred.320.
Requirements for enhancement and submission of indirect Price level proposals and value allocation programs are contained in the next Appendices: