A Simple Key For 200 loan Unveiled
A Simple Key For 200 loan Unveiled
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(1) The receiver or subrecipient may use a time-and-supplies form agreement only following a willpower that no other contract is suited and When the deal includes a ceiling selling price the contractor exceeds at its individual risk.
(1) The phrase “direct loan” suggests a disbursement of money with the Federal Federal government to a non-Federal borrower below a contract that requires the repayment of these types of funds with or devoid of fascination. The phrase incorporates the acquisition of, or participation in, a loan created by another lender and funding preparations that defer payment for over 90 days, such as the sale of a Federal Authorities asset on credit history terms.
When conducting procurement transactions beneath a Federal award, a State or Indian Tribe need to Keep to the similar guidelines and strategies it takes advantage of for procurements with non-Federal resources. If this kind of guidelines and methods will not exist, States and Indian Tribes must Adhere to the procurement specifications in §§ 200.
(2) The recipient's or subrecipient's background of compliance Along with the terms and conditions of Federal awards;
means the method by which the Federal company or go-via entity decides that every one applicable administrative steps and all demanded get the job done of the Federal award have already been concluded and will take actions as described in § two hundred.344.
(3) The public exigency or emergency for the need will never permit a hold off resulting from furnishing general public observe of a aggressive solicitation;
(three) Federal companies that take into account earning a Federal award to the receiver in the five yr time period have to take into account this information and facts in judging whether or not the receiver is certified to acquire the Federal award in the event the Federal share with the Federal award is predicted to exceed the simplified acquisition threshold over the period of overall performance;
(four) The procurement is anticipated to exceed the simplified acquisition threshold, in addition to a sealed bid procurement is to be awarded to an entity in addition to the obvious small bidder; or
A convention means an occasion whose Major intent is always to disseminate complex information outside of the recipient or subrecipient and is important and fair for productive effectiveness beneath the Federal award. Allowable meeting costs could include things like the rental of facilities, speakers' fees, attendance charges, charges of foods and refreshments, community transportation, as well as other products incidental to this sort of conferences Except if even further restricted from the stipulations in the Federal award.
The subsequent will not be viewed as method money Except specified in Federal statutes, restrictions, or perhaps the stipulations in the Federal award:
There is absolutely no universal rule for classifying specific charges as immediate or indirect expenses. A cost could possibly be direct for many distinct support or perform but indirect with the Federal award or other closing Expense aim.
(d) In employing the prohibition beneath area 889 of General public Law a hundred and fifteen-232, heads of executive agencies administering loan, grant, or subsidy applications must prioritize readily available funding and technological aid to aid influenced corporations, institutions, and corporations as within reason essential for All those influenced entities to transition from coated telecommunications tools or products and services, to acquire alternative tools or providers, and to make certain communications services to people and shoppers is sustained.
The Federal company may possibly only use application details collections accepted by OMB under the Paperwork Reduction Act of 1995 and OMB's implementing restrictions in five CFR section 1320 As well as in alignment with OMB-accredited, federal government-vast info components accessible with the OMB-specified specifications lead.
The Federal company really should make all funding opportunities readily available for application for at least 60 calendar times. On the other click here hand, the Federal agency may possibly modify The provision period of a chance as essential. Such as, extending the interval could be required to offer specialized help to an applicant pool that was not anticipated once the announcement was manufactured or has a lot less working experience with implementing for Federal monetary assistance.