200 loan No Further a Mystery
200 loan No Further a Mystery
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A recipient or subrecipient that has a current Federal negotiated oblique Price charge may submit an application for a one particular-time extension of that settlement for around 4 a long time. This extension will be matter to assessment and approval via the cognizant agency for oblique charges. If this extension is granted, the recipient or subrecipient may not ask for a price evaluate right until the extension period ends.
The receiver or subrecipient need to sustain information enough to detail the history of every procurement transaction. These records need to include the rationale with the procurement technique, agreement variety variety, contractor collection or rejection, and The premise to the agreement selling price.
The receiver or subrecipient is answerable for pinpointing an ideal simplified acquisition threshold determined by inside controls, an evaluation of danger, and its documented procurement strategies, which can be lower than, but must not exceed, the threshold established within the FAR.
Federal organizations may not location constraints on the receiver or subrecipient that limit community usage of the documents of your recipient or subrecipient pertinent to your Federal award, aside from safeguarded Individually identifiable details (PII) or other delicate details if the Federal company can exhibit that these documents will probably be retained private and might have been exempted from disclosure pursuant to the Freedom of data Act (5 U.S.C. 552) or managed unclassified information pursuant to Govt Buy 13556 When the data had belonged on the Federal company.
(1) The recipient or subrecipient must be compensated in advance, supplied it maintains or demonstrates the willingness to keep up both of those composed processes that reduce some time elapsing involving the transfer of funds and disbursement through the recipient or subrecipient, and monetary management systems that fulfill the criteria for fund Manage and accountability as established On this portion. Progress payments to your recipient or subrecipient has to be limited to the minimum quantities required and be timed with precise, speedy dollars needs of your receiver or subrecipient in finishing up the goal of the accredited application or venture.
A quick summary of the statutory or regulatory prerequisites of This system and its meant consequence. In which ideal, the program description, purpose, aims, and efficiency measurement really should align Using the strategic aims and targets in the Federal company's general performance program and will guidance the Federal company's effectiveness measurement, management, shopper encounter initiatives, and reporting as demanded by Portion six of OMB Circular A-11;
The mixture degree of the procurement transaction does not exceed the micro-purchase threshold outlined in § 200.one. more info For the extent practicable, the recipient or subrecipient should really distribute micro-purchases equitably amongst certified suppliers.
If a deal is issue to CAS, expenditures needs to be allocated to that deal in accordance with the Cost Accounting Criteria, which acquire precedence more than the allocation provisions in this element.
(five) A proposed agreement modification changes the scope of a contract or improves the agreement quantity by in excess of the simplified acquisition threshold.
(three) The procurement is anticipated to exceed the simplified acquisition threshold and specifies a “manufacturer title” item;
(b) Conform to any restrictions or exclusions established forth in these ideas or from the Federal award regarding types or level of Price tag merchandise.
(i) Should the recipient does not comply with the requirements of the area, which include publishing all closing reports, the Federal agency have to report the receiver's product failure to comply with the conditions and terms from the Federal award in SAM.gov
(1) The value of the remaining lifetime of the assets recorded during the receiver's or subrecipient's accounting records at enough time of donation.
Statutory needs may possibly limit the allowability of expenses. Any fees that exceed the utmost quantity allowed by statute may not be billed into the Federal award. Only the quantity allowable by statute might be charged to the Federal award.