200 cash - An Overview
200 cash - An Overview
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An entity could concurrently get Federal awards being a recipient, a subrecipient, along with a contractor. The move-by way of entity is answerable for making case-by-scenario determinations to determine whether or not the entity receiving Federal funds is often a subrecipient or perhaps a contractor. The Federal agency could need the pass-by means of entity to comply with extra assistance to make these determinations, presented such steering would not conflict with this particular segment. The Federal agency does not have a immediate lawful romantic relationship with subrecipients or contractors of any tier; even so, the Federal agency is chargeable for checking the move-through entity's oversight of first-tier subrecipients.
Administrative and clerical employees salaries must normally be treated as indirect charges. Direct charging of these expenditures may very well be correct only when they meet all of the subsequent problems:
implies the penned acceptance acquired beforehand by a licensed official of a Federal company or go-via entity of particular charges or programmatic selections.
(a) All procurement transactions beneath the Federal award need to be done inside of a method that provides entire and open Levels of competition and is particularly consistent with the specifications of this part and § two hundred.320.
(four) The procurement is anticipated to exceed the simplified acquisition threshold, and also a sealed bid procurement is usually to be awarded to an entity other than the clear lower bidder; or
(ii) Obtains an update to that info that would be helpful to other Federal agencies, the Federal agency is strongly encouraged to amend the knowledge inside the procedure to incorporate the update within a timely way.
(2) Be sure that the subrecipient takes corrective motion on all considerable developments that negatively affect the subaward. Significant developments contain Solitary Audit conclusions linked to the subaward, other audit results, web site visits, and prepared notifications from the subrecipient of adverse ailments that will affect their ability to satisfy the milestones or the targets of the subaward.
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(9) The Federal agency or go-by way of entity ought to not involve separate depository accounts for funds offered into the recipient or subrecipient or set up any eligibility necessities for depositories.
the Federal agency just isn't required to reimburse these prices Should the receiver isn't going to obtain the Federal award or When the Federal award is fewer than predicted and inadequate to cover these types of expenses).
When suitable for the procurement or usage of popular or shared goods and expert services, recipients and subrecipients are encouraged to enter into State and native intergovernmental agreements or inter-entity agreements for procurement transactions.
Any time a receiver or subrecipient sells the property, it will have to pay back the Federal company an quantity calculated by multiplying The proportion with the Federal company's contribution to the original purchase (and cost of any improvements) through the proceeds on the sale just after deducting any precise and realistic expenditures paid to promote or resolve up the house on the market.
Issue to the necessities and conditions established forth In this particular segment, title to actual home acquired or enhanced underneath the Federal award will vest on acquisition from the receiver or subrecipient.