A Simple Key For 200 loan Unveiled

A Simple Key For 200 loan Unveiled

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(1) The recipient or subrecipient may well utilize a time-and-products type agreement only after a determination that no other contract is suitable and In case the deal includes a ceiling price that the contractor exceeds at its own threat.

Prices incurred or paid out by a Condition or regional federal government on behalf of As well as in direct reward to its IHEs are allowable. These expenditures include things like but are certainly not limited to fringe profit courses like pension expenditures and Federal Insurance plan Contributions Act (FICA) costs.

(i) In circumstances of conflict in between the necessities of relevant parts of the section and also the terms and conditions of your agreement, the stipulations of the deal plus the Significantly prevail.

(2) Withholding authority to move forward to the next stage right up until receipt of evidence of suitable overall performance;

(two) The costs of central governmental solutions dispersed from the central assistance cost allocation approach rather than usually addressed as direct fees.

(six) Specifying just a “brand identify” product rather than making it possible for “an equal” item for being available and describing the functionality or other appropriate necessities with the procurement; and

(3) The Federal agency need to give a copy of the full text of the overall terms and conditions if a receiver requests it.

(iv) Any time a recipient or subrecipient establishes or converts to an appropriate actuarial Price tag technique, as defined by GAAP, and cash pension expenses in accordance with this method, the unfunded liability at enough time of conversion is allowable if amortized over a period of decades in accordance with GAAP.

Reports and conclusions from audits done beneath subpart F or perhaps the studies and findings of any other available audits, if applicable; and

(e) Once the recipient or subrecipient accepts a loan or grant, it truly is certifying that it'll adjust to the prohibition on coated telecommunications equipment and solutions With this section.

(ii) The costs are effectively supported by accepted Price allocation programs in accordance with relevant Federal Value accounting ideas; and

(7) Important Dates. Crucial dates include things like owing dates for submitting programs or Executive Get 12372 submissions, in addition to for virtually any letters of intent or preapplications. For almost any announcement issued just before a plan's application elements can be found, essential dates also involve the date on which those elements will probably be unveiled; and any other further information, as deemed relevant from the Federal agency.

A State have to use, regulate and dispose of equipment acquired below a Federal award in accordance with State rules and strategies. Indian Tribes must use, control, and dispose of apparatus obtained underneath a Federal award in accordance with tribal laws and treatments.

Requirements for growth and submission of oblique Value fee proposals and value allocation programs are contained in the read more subsequent Appendices: