200 loan - An Overview
200 loan - An Overview
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(b) Current negotiated indirect Price tag fees will continue to be in place right up until they expire. The powerful day of modifications to oblique Price tag prices have to be primarily based upon the day a freshly re-negotiated amount goes into influence with the recipient's or subrecipient's fiscal yr.
The subsequent is a summary of definitions of key terms frequently Utilized in two CFR section 200. Definitions located in Federal statutes or restrictions that utilize to distinct plans choose precedence above the next definitions.
implies a price goal that has allocated to it equally direct and oblique expenditures and, in the receiver's or subrecipient's accumulation procedure, is one of the last accumulation details, for example a particular award, internal undertaking, or other immediate exercise of a recipient or subrecipient. See also the definitions of Charge objective
(four) Telecommunications or video surveillance gear or products and services made or supplied by an entity that the Secretary of Defense, in consultation Along with the Director of your National Intelligence or even the Director with the Federal Bureau of Investigation, reasonably believes to get an entity owned or controlled by, or usually linked to, The federal government of a protected overseas country;
(6) Payments for allowable expenses will have to not be withheld Anytime over the duration of functionality Until essential by Federal statute, laws, or in a single of the next situations:
A brief summary on the statutory or regulatory specifications of the program and its meant result. Where appropriate, the program description, function, plans, and general performance measurement should align With all the strategic goals and goals throughout the Federal agency's performance program and may aid the Federal company's performance measurement, administration, buyer experience initiatives, and reporting as needed by Element six of OMB Circular A-eleven;
(B) Significant changes in the related do the job action (as defined by the receiver's or subrecipient's prepared policies) are instantly recognized and entered in to the documents.
The Federal company could modify the chance evaluation Anytime throughout the period of general performance, which can justify modifications on the conditions and terms of the Federal award. See § two hundred.208.
(six) Pension system expenditures may very well be more info computed employing a fork out-as-you-go technique or an actuarial Expense approach acknowledged by GAAP and subsequent the receiver's or subrecipient's established created policies.
Subject to the necessities and situations set forth in this part, title to actual residence obtained or enhanced under the Federal award will vest upon acquisition from the receiver or subrecipient.
(b) In a few scenarios, the quantities received in the Federal Governing administration to finance functions or service functions of the receiver or subrecipient should be dealt with as applicable credits.
Particular considerations in pinpointing the allowability of compensation will be supplied to any alter inside of a recipient's or subrecipient's payment plan resulting in a considerable boost in its staff' volume of compensation (notably in the event the modify was concurrent with a rise in the ratio of Federal awards to other routines) or any improve inside the procedure of allowability of particular sorts of payment as a result of improvements in Federal plan.
The Federal company or move-by entity ought to demand the recipient or subrecipient to post experiences over the standing of true house where the Federal Government retains an interest. These types of experiences need to be submitted at the least every year. In circumstances where the Federal Federal government's interest in the actual home extends for fifteen several years or more, the Federal agency or pass-as a result of entity may possibly need the receiver or subrecipient to report at different multi-calendar year frequencies.
indicates the (total) expense of the asset including the Price to Completely ready the asset for its meant use. As an example, acquisition Price for tools suggests The web Bill price of the equipment, such as the cost of any modifications, attachments, components, or auxiliary apparatus important to help it become usable with the purpose for which it can be acquired.