200 loan Secrets
200 loan Secrets
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(one) The receiver's or subrecipient's procurement methods or operation fails to adjust to the procurement benchmarks in this section;
When a receiver or subrecipient sells the assets, it should pay back the Federal agency an sum calculated by multiplying The share of your Federal agency's contribution toward the first order (and value of any enhancements) because of the proceeds on the sale right after deducting any precise and affordable fees paid to sell or take care of up the residence available for sale.
(i) In conditions of conflict amongst the necessities of applicable portions of the part as well as terms and conditions of the agreement, the stipulations on the contract plus the Considerably prevail.
(xii) Assistance Listings title and quantity; the go-by way of entity ought to establish the greenback quantity produced readily available below Each and every Federal award along with the Guidance Listings Quantity at some time of disbursement;
Besides as in any other case provided by Federal statutes or the Federal agency, actual assets have to be employed for the at first authorized function assuming that it is necessary for that goal. When the residence is getting used for the originally licensed purpose, the recipient or subrecipient need to not dispose of or encumber its title or other interests besides as supplied by the Federal agency.
(1) Learns that any of that information is faulty, the Federal agency will have to correct the knowledge within the procedure in just a few small business days; and
signifies the Federal agency specified to perform the responsibilities described in § 200.513(a). The cognizant company for audit just isn't essentially the same as the cognizant company for indirect fees.
signifies PII (see definition In this particular area), apart from PII that needs to be disclosed by law. Examples of PII include, but will not be restricted to, social protection number; copyright selection; credit card quantities; clearances, lender figures; biometrics; day and location of beginning; mother's maiden name; legal, health care and money more info documents; and academic transcripts.
(vi) Aid the distribution of the worker's income or wages between precise routines or Value aims if the employee performs on more than one Federal award; a Federal award and non-Federal award; an oblique Price tag exercise plus a direct Price exercise; two or maybe more indirect pursuits allocated working with diverse allocation bases; or an unallowable exercise and a direct or indirect Expense activity.
True residence, tools, and intangible house acquired or improved With all the Federal award have to be held in have confidence in with the recipient or subrecipient as trustee for your beneficiaries in the task or plan under which the property was obtained or improved.
(two) Increase or renew a deal to acquire or obtain covered telecommunications devices or services; or
(eight) A payment will have to not be made to a receiver or subrecipient for quantities the recipient or subrecipient withholds from contractors to assure satisfactory completion of work.
When requesting acceptance for budget revisions, the receiver or subrecipient need to use a similar structure for finances details that was utilized inside their application, other than Should the Federal agency has authorised an alternate format.
(one) Expenses unallowable underneath other sections of such principles have to not be allowable under this segment entirely mainly because they constitute personnel compensation.