The smart Trick of 200 loan That No One is Discussing
The smart Trick of 200 loan That No One is Discussing
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(a) This portion supplies principles to generally be used in setting up the allowability of certain merchandise involved with figuring out Price, in addition to other specifications of this subpart. These principles apply whether a particular Value item is correctly addressed for a immediate or oblique Value.
The following is a listing of definitions of essential terms commonly used in 2 CFR component two hundred. Definitions present in Federal statutes or restrictions that apply to individual programs take priority in excess of the following definitions.
implies, for applications of § 200.330 or when Utilized in reference to the acquisition or enhancement of authentic property, gear, or provides underneath a Federal award, the dollar quantity that's the product with the:
(two) Withholding authority to carry on to the following period until eventually receipt of evidence of satisfactory effectiveness;
(two) PRHP prices calculated making use of an actuarial cost method regarded by GAAP are allowable to get a supplied fiscal yr Should they be funded for that yr in 6 months following the end of that calendar year. Charges funded right after 6 months (or simply a afterwards time period agreed to by the cognizant agency for oblique charges) are allowable inside the year funded. The cognizant agency for oblique expenses may perhaps comply with an extension if an suitable adjustment is designed to compensate with the timing of the charges to your Federal Authorities and linked Federal reimbursement as well as the receiver's or subrecipient's contributions into the PRHP fund.
(i) Learns that any of that details is erroneous, the Federal company ought to proper the knowledge while in the program within three company days;
(b) Until expressly authorized by Federal statute, the receiver or subrecipient ought to not use provides acquired While using the Federal award to deliver solutions for the fee that's fewer than a private company would cost for very similar providers.
(one) The recipient or subrecipient ought to use equipment to the challenge or application for which it was acquired and for as long as required, whether or not the undertaking or software proceeds being supported via the Federal award. The recipient or subrecipient have to not encumber the machines here without prior approval of the Federal company or pass-via entity.
(h) The tactic useful for figuring out the worth of donated gear, structures, and land for which title passes towards the receiver or subrecipient may differ according to the adhering to:
(4) Should the recipient or subrecipient cannot fulfill the criteria for advance payments as well as Federal company or move-by means of entity has identified that reimbursement is not feasible since the recipient or subrecipient lacks ample Doing work money, the Federal company or go-by entity may well offer funds on the Operating cash progress basis. Beneath this method, the Federal agency or move-via entity have to advance hard cash payments for the recipient or subrecipient to include its believed disbursement demands for an initial time period commonly aligned on the receiver's or subrecipient's disbursing cycle.
(two) Lengthen or renew a agreement to procure or acquire coated telecommunications machines or expert services; or
Some nonprofit companies, as a consequence of their size and mother nature of operations, may be regarded as similar to for-revenue corporations when it comes to the applicability of Expense principles. These nonprofit corporations will have to run less than Federal Charge ideas that use to for-financial gain corporations Situated at 48 CFR 31.
(4) A company situated in a rustic apart from The usa not regarded as a overseas public entity.
(b) The prices of the monetary assertion audit of a receiver or subrecipient that doesn't presently Possess a Federal award could be A part of the oblique Price pool for a cost allocation system or oblique Price tag proposal.