Not known Factual Statements About 200 loan

(i) Be supported by a system of interior control that gives sensible assurance that the costs are precise, allowable, and properly allotted;

The recipient's or subrecipient's techniques must avoid the acquisition of avoidable or duplicative goods. Thing to consider needs to be presented to consolidating or breaking out procurements to acquire a far more inexpensive purchase.

(2) A personal nongovernmental Group situated in a country apart from The us that solicits and receives dollars contributions from most people;

(one) The value of donated land and buildings need to not exceed its fair sector worth at the time of donation to your receiver or subrecipient as set up by an impartial appraiser (such as, Qualified genuine residence appraiser or General Companies Administration consultant) and Accredited by a responsible official from the recipient or subrecipient as expected through the Uniform Relocation Guidance and Genuine Home Acquisition Procedures Act of 1970, as amended, (forty two U.

(a) Recipients and subrecipients are prohibited from obligating or expending loan or grant funds to:

The recipient or subrecipient is responsible for deciding and documenting an suitable micro-acquire threshold according to inner controls, an evaluation of threat, and its documented procurement procedures. The micro-buy threshold utilized by the receiver or subrecipient need to be licensed or not prohibited beneath Condition, area, or tribal laws or laws.

When devices obtained beneath a Federal award is not essential for the initial task, software, or for other pursuits presently or Earlier supported by a Federal agency, the receiver or subrecipient have to ask for disposition instructions from the Federal company or pass-by way of entity if demanded because of the stipulations from the Federal award.

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(b) The following sections will not be meant to be a comprehensive listing of possible things of cost encountered underneath Federal awards. Failure to say a particular item of Price, such as for instance in specified sections, just isn't meant to indicate that it's possibly allowable or unallowable. When determining the allowability for an merchandise of Price tag, Each and every scenario needs to be based on the remedy furnished for very similar or similar things of Charge and based on the ideas explained in §§ two hundred.

(four) In the event the recipient or subrecipient can not satisfy the standards for advance payments plus the Federal company or pass-by means of entity has determined that reimbursement is just not possible as the recipient or subrecipient lacks adequate Operating funds, the Federal agency or pass-through entity may deliver cash over a Performing money progress basis. Underneath this procedure, the Federal agency or go-by way of entity have to advance income payments on the receiver or subrecipient to include its believed disbursement requirements for an First period generally aligned to your recipient's or subrecipient's disbursing cycle.

(ii) The costs are effectively supported by accepted cost allocation options in accordance with relevant Federal Value accounting rules; and

Payment for workers engaged in work on Federal awards will be acceptable to the extent that it's consistent with that compensated for related do the job in other activities of your recipient or subrecipient. In cases where by the kinds of personnel necessary for Federal awards aren't located in one other functions in the receiver or subrecipient, payment will likely be considered reasonable into the extent that it is comparable to that paid out for equivalent work from the labor marketplace wherein the recipient or subrecipient competes for the type of workforce involved.

(v) Payments for unfunded pension prices should be charged in accordance Together with the allocation principles of this subpart. Specifically, the recipient or subrecipient may well not demand unfunded pension fees straight to a Federal award if All those unfunded pension costs usually are not allocable to that award.

The Federal agency or pass-through entity may settle for the recipient's or subrecipient's bonding plan and necessities for design or facility advancement contracts or subcontracts exceeding the simplified acquisition threshold.

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