Not known Factual Statements About 200 loan
Not known Factual Statements About 200 loan
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(6) Cognizant businesses for indirect charges are encouraged to approve substitute proposals depending on results and milestones for plan functionality when they are Evidently documented.
The recipient's or subrecipient's contracts must contain the relevant provisions explained in Appendix II of the aspect.
(5) Payments for unfunded PRHP expenditures needs to be billed in accordance Using the allocation principles of the subpart. Particularly, the recipient or subrecipient may not charge unfunded PRHP fees straight to a Federal award if All those unfunded PRHP prices will not be allocable to that award.
(two) The time period “direct loan obligation” usually means a binding settlement by a Federal company to create a direct loan when specified situations are fulfilled by the borrower.
(a) Recipients and subrecipients are prohibited from obligating or expending loan or grant money to:
(iii) Amounts funded with the receiver or subrecipient in excess on the actuarially decided quantity for the fiscal calendar year could be employed as being the receiver's or subrecipient's contribution in long run intervals.
(iv) The receiver or subrecipient could use competitive proposal methods for qualifications-centered procurement of architectural/engineering (A/E) Skilled companies whereby the offeror's qualifications are evaluated, and by far the most certified offeror is selected, subject to negotiation of good and realistic compensation.
(e) Whether or not the Charge represents a deviation within the receiver's or subrecipient's proven composed policies and methods for incurring prices.
The recipient or subrecipient is to blame for the settlement of all contractual and administrative issues arising from its procurement transactions. These challenges contain, but are not limited to, supply evaluation, protests, disputes, and promises. These standards usually do not decrease the receiver or subrecipient of any contractual responsibilities below its contracts.
All actions which get pleasure from the receiver's or subrecipient's get more info oblique Price tag, such as unallowable activities and donated solutions through the recipient or subrecipient or third get-togethers, will obtain an acceptable allocation of indirect costs.
(1) Severance fork out, also typically called dismissal wages, can be a payment Together with common salaries and wages, by recipients and subrecipients to staff whose work is being terminated. Severance pay is allowable only to the extent that, in each circumstance, it is required by:
The Federal agency will have to not allow a transfer of funds that might induce any Federal appropriation to be used for functions in addition to People in step with the appropriation.
(one) Provisions for any reserve underneath a self-insurance policies plan for unemployment payment or employees' payment are allowable for the extent which the provisions depict fair estimates on the liabilities for this kind of payment and the types of coverage, the extent of protection, and rates and premiums would have been allowable had insurance policy been obtained to address the hazards.
(1) Fringe Rewards in the form of undergraduate and graduate tuition or tuition remission for particular person workforce are allowable, delivered these kinds of Added benefits are granted in accordance with recognized penned insurance policies of your IHE and they are dispersed to all IHE functions on an equitable basis. Tuition Rewards for family members other than the worker are unallowable.