200 loan - An Overview
200 loan - An Overview
Blog Article
(ii) The recipient or subrecipient must have penned strategies for conducting specialized evaluations and generating choices.
The subsequent is an index of definitions of important conditions frequently Employed in 2 CFR aspect 200. Definitions located in Federal statutes or rules that implement to certain systems take precedence above the following definitions.
When conducting procurement transactions less than a Federal award, a State or Indian Tribe need to Adhere to the exact same guidelines and strategies it makes use of for procurements with non-Federal money. If these types of guidelines and procedures never exist, States and Indian Tribes will have to follow the procurement expectations in §§ two hundred.
(two) The recipient's or subrecipient's record of compliance Together with the stipulations of Federal awards;
Besides as if not provided by Federal statutes or even the Federal company, true property should be employed for the at first approved objective given that it is necessary for that purpose. Though the home is being used for your at first licensed reason, the recipient or subrecipient need to not get rid of or encumber its title or other passions apart from as supplied by the Federal agency.
usually means the entity that owns or controls an instantaneous operator of the applicant or that owns or controls one or more entities that Manage an instantaneous operator of the applicant.
When products acquired below a Federal award is no longer needed for the first challenge, method, or for other pursuits at this time or Earlier supported by a Federal agency, the receiver or subrecipient will have to request disposition Guidelines with the Federal company or move-as a result of entity if essential via the stipulations of your Federal award.
(2) In the time that tools is made use of around the venture or software for which it absolutely was obtained, the receiver or subrecipient ought click here to also make the machines available for use on other courses or jobs supported from the Federal Federal government, furnished that these use will not interfere Using the goal for which it had been at first acquired. 1st choice for other use on the machines has to be presented to other systems or assignments supported by the Federal agency that financed the devices.
(ii) Research conclusions publicly cited by a Federal agency in creating an company motion which has the power and effect of regulation.
Real property, tools, and intangible house obtained or enhanced With all the Federal award needs to be held in rely on from the receiver or subrecipient as trustee with the beneficiaries on the venture or application below which the property was acquired or improved.
(1) Tangible or intangible assets used in functions having a useful life of multiple calendar year which are capitalized in accordance with GAAP. Capital belongings include:
(one) A proposal to establish a value allocation program or an indirect Price rate, no matter whether submitted to your Federal cognizant company for indirect prices or managed on file because of the receiver, need to be Qualified through the receiver utilizing the Certificate of Cost Allocation System
The price of fringe Advantages in the shape of employer contributions or expenses for social security; personnel existence, health, unemployment, and worker's payment insurance coverage (other than as indicated in § two hundred.447); pension strategy expenses; and various related benefits are allowable, presented such Positive aspects are permitted less than set up published guidelines.
(one) Fringe benefits in the shape of undergraduate and graduate tuition or tuition remission for unique employees are allowable, provided such Positive aspects are granted in accordance with recognized prepared guidelines in the IHE and are dispersed to all IHE functions on an equitable basis. Tuition Rewards for loved ones apart from the employee are unallowable.