200 loan No Further a Mystery
200 loan No Further a Mystery
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(i) Be supported by a system of interior control that provides affordable assurance that the charges are exact, allowable, and thoroughly allocated;
The recipient's or subrecipient's methods ought to steer clear of the acquisition of needless or duplicative merchandise. Thing to consider really should be provided to consolidating or breaking out procurements to acquire a far more inexpensive buy.
usually means a cost goal which includes allocated to it equally direct and indirect prices and, in the recipient's or subrecipient's accumulation process, is without doubt one of the closing accumulation points, which include a specific award, internal undertaking, or other direct action of a recipient or subrecipient. See also the definitions of Expense aim
The receiver or subrecipient and Federal agency or go-as a result of entity ought to consider actions to protect the title of victims of against the law when access to the sufferer's identify is essential. Only below incredible and uncommon conditions would this sort of entry include an evaluation of your accurate title of victims of a criminal offense.
(2) The prices of central governmental services dispersed from the central support cost allocation system rather than usually handled as direct charges.
commonly suggests someone participating in or attending method things to do less than a Federal award, for instance trainings or conferences, but who's not responsible for implementation of your Federal award. Persons committing exertion to the development or delivery of method activities beneath a Federal award (like consultants, project personnel, or personnel associates of the recipient or subrecipient) will not be participants.
usually means the Federal company selected to execute the duties explained in § 200.513(a). The cognizant company for audit isn't automatically similar to the cognizant agency for oblique costs.
(2) Through the time that devices is utilised over the job or software for which it absolutely was obtained, the recipient or subrecipient will have to also make the devices readily available for use on other packages or assignments supported with the Federal Authorities, supplied that such use will not likely interfere Using the function for which it had been originally obtained. Initial preference for other use of the gear have to be supplied to other applications or tasks supported with the Federal agency that financed the gear.
The receiver or subrecipient will have to award contracts only to responsible contractors that have the opportunity to perform efficiently underneath the stipulations of the proposed deal. The receiver or subrecipient ought to look at contractor integrity, public coverage compliance, suitable classification of staff (begin to see the Honest Labor Standards Act, 29 U.
(4) Take care of audit findings precisely connected with the subaward. On the other hand, the move-via entity is just not answerable for resolving cross-slicing audit findings that apply towards the subaward as well as other Federal awards or subawards. If a subrecipient contains a present-day Solitary Audit report and it has not been excluded from getting Federal funding (which means, hasn't been debarred or suspended), the move-via entity might count on the subrecipient's cognizant company for audit or oversight agency for audit to perform audit observe-up and make management decisions related to cross-slicing audit findings in accordance with part § 200.
(a) Where by the Federal Government ensures or insures the repayment of money borrowed through website the recipient, the Federal agency may well need ample bonding and insurance In case the bonding and insurance policy demands from the receiver are certainly not deemed adequate to protect the interest with the Federal Government.
The Federal company ought to not permit a transfer of funds that may lead to any Federal appropriation for use for uses apart from Those people in line with the appropriation.
The Federal agency may well only use software info collections accepted by OMB under the Paperwork Reduction Act of 1995 and OMB's applying restrictions in 5 CFR aspect 1320 As well as in alignment with OMB-accredited, federal government-large data things obtainable from your OMB-selected requirements guide.
(one) Prices unallowable underneath other sections of these concepts have to not be allowable under this section entirely because they constitute personnel payment.