The 2-Minute Rule for 200 loan
The 2-Minute Rule for 200 loan
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(a) The recipient or subrecipient must execute a value or cost analysis For each and every procurement transaction, including contract modifications, in excess in the simplified acquisition threshold. The tactic and degree of analysis done rely on the specifics surrounding The actual procurement transaction.
(3) The worth of donated space ought to not exceed the honest rental worth of comparable Room as proven by an independent appraisal of similar Place and facilities in a very privately-owned developing in the identical locality.
(four) Normal routine maintenance methods needs to be in position to ensure the residence is in good Doing work ailment.
Federal agencies may well not location restrictions about the recipient or subrecipient that Restrict public access to the records of your receiver or subrecipient pertinent to the Federal award, aside from safeguarded personally identifiable info (PII) or other sensitive information and facts in the event the Federal company can demonstrate that these types of documents are going to be saved confidential and would've been exempted from disclosure pursuant to the liberty of Information Act (five U.S.C. 552) or controlled unclassified details pursuant to Govt Buy 13556 In case the documents had belonged into the Federal company.
(nine) The Federal company or pass-by means of entity ought to not need separate depository accounts for funds offered towards the receiver or subrecipient or create any eligibility prerequisites for depositories.
Subpart E establishes principles for deciding allowable expenses incurred by recipients and subrecipients under Federal awards.
For recipients and subrecipients aside from States, payment strategies have to minimize the time elapsing among the transfer of funds from the Federal agency or the pass-by means of entity as well as disbursement of more info resources via the receiver or subrecipient irrespective of whether the payment is made by Digital money transfer or by other indicates.
(b) When creating effectiveness reporting frequency and articles, the Federal company should look at what data will be required to measure the recipient's development, to establish promising techniques of recipients, and Develop the proof on which the Federal agency helps make application and effectiveness selections.
The price of fringe Advantages in the shape of standard compensation paid to staff for the duration of intervals of licensed absences within the job, like for annual go away, loved ones-connected depart, sick depart, vacations, court depart, army leave, administrative go away, and various comparable benefits, are allowable if all of the next requirements are achieved:
(3) The procurement is predicted to exceed the simplified acquisition threshold and specifies a “manufacturer identify” product or service;
(2) The effects of previous audits. This contains contemplating if the subrecipient gets a Single Audit in accordance with subpart F as well as the extent to which the exact same or identical subawards are actually audited as An important program;
(eight) A payment ought to not be manufactured into a recipient or subrecipient for amounts which the recipient or subrecipient withholds from contractors to guarantee satisfactory completion of labor.
(1) Provisions for just a reserve below a self-insurance policies system for unemployment compensation or staff' payment are allowable towards the extent which the provisions characterize sensible estimates with the liabilities for these kinds of payment and the kinds of coverage, the extent of protection, and rates and premiums might have been allowable experienced coverage been procured to go over the challenges.
Compensation for private solutions involves all remuneration, paid out now or accrued, for expert services of workers rendered in the course of the duration of functionality beneath the Federal award, including although not essentially limited to wages and salaries.