The 2-Minute Rule for 200 loan
The 2-Minute Rule for 200 loan
Blog Article
(b) The costs are appropriately supported by accredited Price allocation ideas in accordance While using the applicable Price accounting principles of this element; and
(b) The prices would be allowable In the event the Federal award was not suspended or expired Commonly at the end of the period of effectiveness wherein the termination can take impact.
(3) Is essential to the overall operation with the receiver or subrecipient and is also assignable partly to the Federal award in accordance Using these Price tag ideas.
Federal agencies may not spot limitations on the recipient or subrecipient that limit general public usage of the documents with the recipient or subrecipient pertinent into a Federal award, apart from safeguarded Individually identifiable info (PII) or other sensitive details when the Federal company can reveal that such data might be held private and would've been exempted from disclosure pursuant to the Freedom of Information Act (five U.S.C. 552) or controlled unclassified info pursuant to Government Get 13556 if the documents had belonged into the Federal company.
(A) The method for establishing the estimates produces realistic approximations in the activity executed;
(ii) The recipient or subrecipient is delinquent inside of a debt to the United States as defined in OMB Circular A-129, “Insurance policies for Federal Credit score Systems and Non-Tax Receivables.” Less than such disorders, the Federal company or go-as a result of entity may possibly, just after providing reasonable observe, withhold payments to your recipient or subrecipient for fiscal obligations incurred after a specified day until eventually the disorders are corrected or the credit card debt is repaid on the Federal Government.
indicates an award in which the Federal company, In step with distinct statutory authority that enables the agency to physical exercise judgment (“discretion”), selects the receiver or the amount of Federal funding awarded via a competitive approach or depending on advantage of proposals. A discretionary award can be picked with a non-aggressive foundation, as proper.
indicates PII (see definition In this particular segment), aside from PII that needs to be disclosed by law. Samples of PII involve, but usually are not limited to, social protection amount; copyright selection; credit card quantities; clearances, bank figures; biometrics; date and place of delivery; mom's maiden name; felony, professional medical and economic documents; and educational transcripts.
Rates for get the job done executed on Federal awards by college members possessing only section-time appointments has to be established at a charge not greater than that often compensated for section-time assignments.
(four) If the recipient or subrecipient can't meet the criteria for progress payments as well as Federal company or go-by way of entity has identified that reimbursement is not feasible because the receiver or subrecipient lacks ample Doing work funds, the Federal company or pass-via entity may perhaps give funds on the Operating cash progress foundation. Less than this course of action, the Federal website company or pass-as a result of entity should advance money payments to the receiver or subrecipient to include its approximated disbursement demands for an First period of time typically aligned towards the receiver's or subrecipient's disbursing cycle.
The Federal agency may possibly waive any performance report that is not needed to make sure the targets and targets on the Federal award are now being achieved.
publish-retirement health benefits) are allowable inside the year of payment furnished the receiver or subrecipient follows a steady costing plan.
When requesting acceptance for finances revisions, the recipient or subrecipient ought to use the same structure for spending plan information that was made use of within their software, apart from In case the Federal company has accredited another format.
(b) The prices of a monetary statement audit of a recipient or subrecipient that doesn't currently Possess a Federal award could be A part of the indirect Charge pool for a cost allocation prepare or oblique Expense proposal.