The 2-Minute Rule for 200 loan
The 2-Minute Rule for 200 loan
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The Federal agency have to request the transfer of documents to its custody in the receiver or subrecipient when it decides that the information have extended-term retention value.
(e) Federal businesses ought to not article any details which will be made publicly accessible in the non-community phase in the responsibility and qualification information that is covered by a disclosure exemption beneath the liberty of Information Act. If a receiver asserts within just seven calendar times to a Federal agency that some or all the publicly available information and facts is covered by a disclosure exemption beneath the Freedom of knowledge Act, the Federal company that posted the knowledge will have to clear away the posting within just 7 calendar times of acquiring the assertion.
When conducting procurement transactions less than a Federal award, a Point out or Indian Tribe will have to follow the same insurance policies and treatments it employs for procurements with non-Federal resources. If this kind of procedures and techniques do not exist, States and Indian Tribes need to follow the procurement specifications in §§ 200.
(2) The recipient's or subrecipient's historical past of compliance Using the terms and conditions of Federal awards;
(a) Recipients and subrecipients are prohibited from obligating or expending loan or grant funds to:
That part of automobile costs furnished with the receiver or subrecipient that relates to personal use by personnel (together with transportation to and from operate) is unallowable as being a fringe profit or oblique expenses regardless of whether the fee is reported as taxable cash flow to the employees.
(three) Federal businesses that consider earning a Federal award to your receiver in the 5 12 months time period need to look at this information and facts in judging if the recipient is certified to receive the Federal award when the Federal share on the Federal award is predicted to exceed the simplified acquisition threshold more than the duration of performance;
(4) The procurement is anticipated to exceed the simplified acquisition threshold, and a sealed bid procurement is always to be awarded to an entity other than the evident low bidder; or
(3) Discover any additional specifications which the offerors must satisfy and all other variables which will be Employed in assessing bids or proposals.
The next are not regarded as plan revenue Unless of course specified in Federal statutes, rules, or perhaps the terms and conditions of the Federal award:
There's no common rule for classifying selected get more info expenses as direct or oblique charges. A cost can be direct for a few certain service or purpose but indirect for that Federal award or other final Expense aim.
The receiver and subrecipient have to retain all Federal award records for 3 several years through the date of submission in their remaining money report. For awards which might be renewed quarterly or yearly, the receiver and subrecipient ought to retain records for 3 several years in the date of submission in their quarterly or yearly economic report, respectively.
The aggregate dollar level of the procurement transaction is better compared to the micro-acquire threshold but won't exceed the simplified acquisition threshold. If simplified acquisition procedures are made use of, cost or charge quotations have to be received from an enough range of capable sources.
Intra-IHE consulting by college need to be carried out being an IHE obligation demanding no payment Along with IBS. Even so, in strange circumstances where by session is throughout departmental strains or entails a individual or distant operation, along with the operate done because of the college associates is Together with their normal obligations, any prices for these types of do the job symbolizing added compensation above IBS are allowable provided that such consulting preparations are expressly approved during the Federal award or authorised in producing through the Federal agency.