200 loan - An Overview
200 loan - An Overview
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(a) This portion provides rules to be utilized in developing the allowability of certain goods associated with determining Expense, As well as other necessities of this subpart. These concepts use if a particular cost product is effectively taken care of as a direct or oblique cost.
(three) The worth of donated space must not exceed the truthful rental value of similar House as recognized by an impartial appraisal of comparable Area and facilities inside of a privately-owned creating in the identical locality.
Initiate a a person-time extension on the duration of efficiency by as many as twelve months Except one or more of the ailments outlined in paragraphs (g)(2)(i) by means of (iii) of this section apply. Prior approval just isn't demanded if a recipient is approved during the terms and conditions on the Federal award to initiate a 1-time extension. On the other hand, the recipient should notify the Federal agency in creating With all the supporting justification in addition to a revised period of effectiveness at the least 10 calendar days before the conclusion of your duration of general performance.
(two) The receiver's or subrecipient's record of compliance Using the terms and conditions of Federal awards;
(3) IHEs may well present employees tuition waivers or reductions, presented which the profit does not discriminate in favor of highly compensated personnel.
(2) Though the devices is getting used for your originally-approved function, the receiver or subrecipient will have to not get rid of or encumber its title or other pursuits without the acceptance from the Federal agency or go-via entity.
(iv) The receiver or subrecipient may perhaps use competitive proposal methods for qualifications-based mostly procurement of architectural/engineering (A/E) Experienced products and services whereby the offeror's skills are evaluated, and the most qualified offeror is chosen, subject to negotiation of reasonable and realistic payment.
suggests a formal announcement of The provision of Federal funding by way of a fiscal help application from a Federal company. The detect of funding chance supplies information on the award, including that's qualified to use, the evaluation criteria for choosing a receiver or subrecipient, the essential factors of the software, and the way to post the appliance.
(ii) The IHE establishes a reliable prepared definition of labor protected by IBS, which is unique more than enough to find out conclusively when function outside of that stage has occurred. This definition might be described in appointment letters or other documentation.
(i) The receiver or subrecipient has failed to adjust to the stipulations of the Federal award; or
(iii) Appeared unreasonable and didn't replicate the steps a prudent person would just take within the conditions.
The prior acceptance requirements for the actions described in paragraph (g) of this part are instantly waived for Federal awards that assistance investigate Unless of course stipulated within the Federal agency's polices or terms and conditions on the Federal award.
A State need to use, regulate and dispose of apparatus obtained below a Federal award in accordance with State laws and treatments. Indian Tribes will have to use, regulate, and dispose of equipment obtained less than a Federal award in accordance with tribal legal guidelines and processes.
Immediate expenses are These prices which might be identified specifically with a certain last cost objective, like a Federal award, or other internally 200 loan or externally funded activity, or that can be instantly assigned to these types of activities rather easily using a substantial degree of precision.