Not known Factual Statements About 200 loan
Not known Factual Statements About 200 loan
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(one) The receiver or subrecipient might make use of a time-and-elements form contract only following a perseverance that no other deal is acceptable and if the agreement includes a ceiling price that the contractor exceeds at its personal threat.
When a recipient or subrecipient sells the house, it will have to pay back the Federal company an amount of money calculated by multiplying the percentage on the Federal company's contribution towards the initial invest in (and cost of any advancements) via the proceeds with the sale just after deducting any genuine and reasonable fees paid out to offer or fix up the house available for sale.
(B) Two or more dependable bidders have been discovered as willing and capable to contend proficiently for the small business; and
(two) The Federal company will have to notify OMB of any permitted deviations. The recipient or subrecipient may well notify OMB of any disputes with Federal agencies about the appliance of the federally negotiated oblique Value price.
(nine) The Federal company or pass-via entity ought to not require different depository accounts for cash supplied on the receiver or subrecipient or create any eligibility requirements for depositories.
signifies enough time interval from the start day of the funded portion of an award to the top day of that funded portion, during which recipients and subrecipients are authorized to incur fiscal obligations on the cash awarded, together with any cash carried forward or other revisions pursuant to § 200.308.
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(e) Any precise situations must be promptly removed as soon as the conditions that prompted them have been glad.
(2) The Federal Govt may possibly either disallow all indirect expenses or unilaterally create an oblique Price tag price in the event the recipient fails to post a Licensed proposal for setting up a rate. This amount needs to be based on audited historical information or other information furnished towards the cognizant company for indirect expenditures and for which it may be demonstrated that all unallowable charges are excluded.
(iii) Below comprehensive compliance While using the statistical sampling standards observed in paragraph (5)(i) might be approved by the cognizant company for oblique expenses if it concludes that the amounts allocated to Federal awards will probably be small or if it concludes that the system proposed with the recipient or subrecipient will cause decrease expenditures to Federal awards than the usual procedure which complies Along with the criteria.
You will discover a few sorts of procurement strategies described On this portion: casual procurement strategies (for micro-buys and simplified acquisitions); formal procurement approaches (by way of sealed bids or proposals); and noncompetitive procurement procedures.
(five) Severance payments to international nationals used through the check here receiver or subrecipient exterior America a result of the termination from the international nationwide as a result of the closing of, or curtailment of actions by, the recipient or subrecipient in that place, are unallowable Except They're both:
The Federal company may possibly only use application information collections approved by OMB beneath the Paperwork Reduction Act of 1995 and OMB's employing rules in 5 CFR part 1320 and in alignment with OMB-permitted, authorities-huge details factors out there from the OMB-specified benchmarks lead.
(one) Prices unallowable under other sections of those ideas should not be allowable below this segment solely given that they constitute personnel payment.