A Secret Weapon For 200 loan
A Secret Weapon For 200 loan
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The Federal company need to request the transfer of information to its custody from the receiver or subrecipient when it determines which the documents possess extensive-time period retention value.
The receiver's or subrecipient's contracts have to include the relevant provisions explained in Appendix II of the section.
(two) Via the Federal agency or move-by way of entity Along with the consent from the receiver or subrecipient, where case the two parties must agree on the termination disorders. These situations involve the productive date and, in the situation of partial termination, the portion to generally be terminated;
The receiver or subrecipient will have to manage and use documented treatments for procurement transactions under a Federal award or subaward, including for acquisition of assets or products and services.
signifies the process by which the Federal agency or pass-as a result of entity establishes that each one applicable administrative steps and all demanded operate of your Federal award are actually concluded and takes steps as explained in § 200.344.
A brief summary with the statutory or regulatory specifications of the program and its intended final result. In which ideal, This system description, objective, targets, and overall performance measurement should really align Along with the strategic plans and objectives inside the Federal agency's overall performance strategy and should help the Federal company's general performance measurement, administration, customer experience initiatives, and reporting as demanded by Part 6 of OMB Circular A-eleven;
suggests the motion a Federal agency or move-as a result of entity can take to discontinue a Federal award, in complete or partially, Anytime ahead of the planned end date from the period of functionality. Termination won't include discontinuing a Federal award as a result of an absence of available funds.
(iv) Every time a receiver or subrecipient establishes or converts to an appropriate actuarial Value technique, as described by GAAP, and cash pension expenditures in accordance with this method, the unfunded legal responsibility at some time of conversion is allowable if amortized in excess of a duration of several years in accordance with GAAP.
signifies a gaggle of Federal awards possibly awarded under a selected program or team of applications or to a certain variety of receiver or group of recipients to which particular provisions or exceptions might apply.
(three) The procurement is expected to exceed the simplified acquisition threshold and specifies a “brand name” products;
(eight) Executive Summary. A quick description that may be prepared in simple language and summarizes the goals and objectives of the program, the audience, and eligible applicants. The textual content of the executive summary mustn't exceed five hundred words; and
signifies someone procurement transaction for provides or products and services, the aggregate level of which doesn't exceed the micro-acquire threshold. Micro-purchases comprise a subset of a recipient's website or subrecipient's modest purchases making use of casual procurement methods as established forth in § 200.320.
(ii) The accrual basis can be only utilized for the people types of leave for which a legal responsibility as outlined by GAAP exists if the go away is gained. Whenever a recipient or subrecipient works by using the accrual foundation of accounting, allowable go away prices will be the lesser of the amount accrued or funded.
Statutory specifications may Restrict the allowability of expenditures. Any fees that exceed the utmost quantity permitted by statute might not be charged for the Federal award. Only the quantity allowable by statute may very well be charged towards the Federal award.