A Simple Key For 200 loan Unveiled

(one) The recipient's or subrecipient's procurement strategies or operation fails to comply with the procurement specifications in this section;

The receiver's or subrecipient's treatments need to stay away from the acquisition of needless or duplicative things. Thought really should be specified to consolidating or breaking out procurements to acquire a more cost-effective purchase.

(four) When getting alternative equipment, the recipient or subrecipient may well either trade-in or market the devices and utilize the proceeds to offset the expense of the alternative products.

(1) The worth of donated land and buildings should not exceed its truthful marketplace worth at enough time of donation towards the recipient or subrecipient as set up by an independent appraiser (as an example, certified genuine residence appraiser or Normal Services Administration agent) and Licensed by a dependable official from the recipient or subrecipient as essential from the Uniform Relocation Support and Actual Residence Acquisition Guidelines Act of 1970, as amended, (42 U.

(a) Recipients and subrecipients are prohibited from obligating or expending loan or grant money to:

The reasonableness and allocability of specified costs under Federal awards could possibly be difficult to identify. To stay away from subsequent disallowance or dispute depending on unreasonableness or nonallocability, the receiver could look for the prior prepared approval with the Federal company (or, for oblique charges, the cognizant company for oblique prices) before incurring the cost.

(three) Investigation details indicates the recorded factual content generally acknowledged from the scientific Group as important to validate study findings. Study data would not consist of any of the following:

as established forth in appendices III through VII, and IX of this part. The certification has to be signed on behalf of the recipient by an individual in a stage no decrease when compared to the vp or chief monetary officer from the recipient that submits the proposal.

(ii) Research findings publicly cited by a Federal agency in building an agency motion which includes the power and influence of legislation.

Federal companies will have to create conflict of curiosity policies for Federal awards. A recipient or subrecipient will have to disclose in crafting any probable conflict of interest on the Federal agency or go-via entity in accordance Along with the established Federal company policies.

The Federal company might tell applicants that they do not have to have to offer certain facts presently getting gathered by means of other usually means.

usually means someone procurement transaction for supplies or expert services, the aggregate degree of which won't exceed the micro-obtain threshold. Micro-purchases comprise a subset of a recipient's or subrecipient's little purchases employing casual procurement solutions as established forth in § 200.320.

Pension read more plan expenses incurred in accordance Along with the established written procedures with the receiver or subrecipient are allowable, furnished that:

Formal procurement approaches are required when the worth with the procurement transaction under a Federal award exceeds the simplified acquisition threshold on the receiver or subrecipient. Official procurement techniques are aggressive and need community detect.

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