200 cash Fundamentals Explained
200 cash Fundamentals Explained
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(two) The phrase “direct loan obligation” usually means a binding agreement by a Federal company to generate a immediate financial loan when specified ailments are fulfilled from the borrower.
indicates a value aim that may be utilized to build up oblique costs or company Middle costs that are subsequently allocated to a number of indirect Price swimming pools or ultimate Price tag aims. See this section's definitions of Value aim
(b) A effectiveness bond over the contractor's element for one hundred pc in the contract cost. A efficiency bond is a bond executed in reference to a agreement to safe the fulfillment of every one of the contractor's needs below a deal.
(a) All procurement transactions beneath the Federal award needs to be conducted in a method that provides whole and open Competitiveness and is also per the expectations of this portion and § 200.320.
suggests a Federal award for which the start date is contiguous with, or carefully follows, the top of your expiring Federal award. The start date of the renewal award commences a fresh and distinctive period of performance.
The Federal agency may waive any general performance report that is not important to ensure the plans and objectives from the Federal award are now being reached.
(six) Payments for allowable expenses will have to not be withheld Anytime in the duration of general performance Unless of course necessary by Federal statute, regulations, or in one of the subsequent situations:
The Federal company will have to request the transfer of information to its custody with the receiver or subrecipient when it establishes that the information possess extended-term retention price.
(d) The Federal company or go-by way of entity have to not hold off payments to your receiver or subrecipient for costs Conference the necessities of subpart E of the portion.
(two) Positive aspects equally the Federal award and also other get the job done with the recipient or subrecipient and may be dispersed in proportions Which might be approximated working with realistic methods; or
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A receiver or subrecipient using a current Federal negotiated oblique Value price may well apply for a one particular-time extension of that agreement for up to four several years. This extension will probably be matter to review and approval from the cognizant agency for indirect charges. If this extension is granted, the receiver or subrecipient may well not ask for a charge critique till the extension time period ends.
(a) The criteria set forth On this component influencing the administration of Federal awards by Federal businesses develop into powerful once executed by Federal companies or when any long term amendment to this part results in being get more info last.
(b) For prices masking a foreseeable future fiscal yr from the receiver or subrecipient, the unallowable charges needs to be removed from the oblique Expense swimming pools as well as costs should be modified.