200 loan No Further a Mystery
(two) Make sure that the subrecipient will take corrective motion on all considerable developments that negatively affect the subaward. Substantial developments involve One Audit results connected with the subaward, other audit conclusions, internet site visits, and composed notifications from the subrecipient of adverse circumstances which can effects their capacity to meet the milestones or perhaps the goals of the subaward.(three) The disposal of scrap or surplus products obtained from the effectiveness of the Federal award besides in the event the recipient or subrecipient is reimbursed for disposal fees at a predetermined total; or
Initiate a a person-time extension on the duration of efficiency by around twelve months Unless of course a number of with the disorders outlined in paragraphs (g)(2)(i) by means of (iii) of this segment apply. Prior acceptance is not really expected if a recipient is approved from the stipulations on the Federal award to initiate a 1-time extension. Even so, the recipient have to notify the Federal agency in composing Together with the supporting justification and a revised period of general performance at the very least ten calendar days ahead of the conclusion with the period of functionality.
means a payment that a Federal agency or go-by way of entity will make by any acceptable payment system and payment process ahead of the recipient or subrecipient disburses the funds for software purposes.
(2) PRHP expenses calculated applying an actuarial Charge approach identified by GAAP are allowable for any specified fiscal yr If they're funded for that yr within just six months following the end of that 12 months. Costs funded right after 6 months (or a later interval agreed to through the cognizant company for oblique expenses) are allowable from the yr funded. The cognizant company for oblique expenses could agree to an extension if an correct adjustment is designed to compensate for your timing of the costs to the Federal Govt and relevant Federal reimbursement as well as the recipient's or subrecipient's contributions for the PRHP fund.
(iii) Amounts funded with the recipient or subrecipient in extra of your actuarially established sum for just a fiscal 12 months might be made use of since the receiver's or subrecipient's contribution in long term durations.
(three) The Federal company need to offer a copy of the full text of the overall conditions and terms if a recipient requests it.
(e) The recipient or subrecipient should be sure that all prequalified lists of people, corporations, or goods Employed in procurement transactions are recent and include plenty of competent resources to guarantee utmost open up Opposition.
Reports and findings from audits carried out beneath subpart F or maybe the studies and results of every other out there audits, if applicable; and
(i) The recipient or subrecipient has did not adjust to the terms and conditions in the Federal award; or
Fees into the receiver or subrecipient ensuing from money obligations incurred by the recipient or subrecipient through a suspension more info or once the termination of the Federal award aren't allowable unless the Federal agency or move-by entity expressly authorizes them in the detect of suspension or termination or subsequently. Nonetheless, prices in the course of suspension or just after termination are allowable if:
(B) The invitation for bids have to determine the things or companies with certain information, together with any essential specifications, for the bidder to effectively respond;
(v) Payments for unfunded pension costs has to be charged in accordance Along with the allocation rules of this subpart. Specifically, the recipient or subrecipient may well not demand unfunded pension costs straight to a Federal award if People unfunded pension expenditures are usually not allocable to that award.
The receiver or subrecipient could establish a threshold better in comparison to the micro-obtain threshold discovered from the Much in accordance with the requirements of the segment. The receiver or subrecipient could self-certify a threshold up to $50,000 on an once-a-year basis and should sustain documentation to generally be manufactured accessible to the Federal agency or move-as a result of entity and auditors in accordance with ยง 200.