200 loan Fundamentals Explained
200 loan Fundamentals Explained
Blog Article
(b) Present negotiated indirect Value prices will keep on being in position until they expire. The efficient day of improvements to indirect Price premiums has to be centered on the date a newly re-negotiated rate goes into result with the recipient's or subrecipient's fiscal calendar year.
Recipients and subrecipients that do not have a existing Federal negotiated indirect Expense rate (like provisional amount) may possibly elect to demand a de minimis fee of up to 15 % of modified complete direct expenditures (MTDC). The recipient or subrecipient is licensed to find out the appropriate price up to this limit. Federal companies and move-via entities may not involve recipients and subrecipients to implement a de minimis level lower than the negotiated indirect Expense price or the speed elected pursuant to this subsection Except if required by Federal statute or regulation.
(five) Should the recipient or subrecipient is authorized or needed to provide the house, right product sales strategies must be in position to make certain the highest attainable return.
(4) Severance payments to international nationals used because of the recipient or subrecipient exterior The us, towards the extent that the amount exceeds the customary or prevailing procedures for your receiver or subrecipient in The us, are unallowable Until They can be necessary by relevant foreign legislation or essential for the efficiency of Federal systems and accepted from the Federal agency.
(b) Disallow expenditures for all get more info or Element of the exercise associated with the noncompliance with the recipient or subrecipient.
Subpart E establishes concepts for pinpointing allowable expenditures incurred by recipients and subrecipients below Federal awards.
(2) Expenditures of communicating with the public and press about certain actions or achievements which consequence within the functionality in the Federal award (these expenditures are viewed as important as Element of the outreach effort and hard work for your Federal award); or
When it really is expected which the duration of efficiency will consist of many spending budget intervals, the Federal company should point out that subsequent funds intervals are subject to The supply of resources, software authority, satisfactory performance, and compliance While using the terms and conditions on the Federal award.
(6) Pension plan expenses can be computed using a pay out-as-you-go method or an actuarial Price technique recognized by GAAP and subsequent the receiver's or subrecipient's recognized prepared guidelines.
(3) The procurement is anticipated to exceed the simplified acquisition threshold and specifies a “brand name identify” solution;
(ii) The costs are thoroughly supported by permitted cost allocation designs in accordance with applicable Federal Price accounting rules; and
Some nonprofit businesses, thanks to their size and character of functions, is usually thought to be similar to for-revenue organizations with regards to the applicability of Price tag ideas. These nonprofit companies need to function under Federal cost concepts that implement to for-earnings companies Positioned at 48 CFR 31.
When requesting approval for spending budget revisions, the receiver or subrecipient ought to use the identical structure for price range information that was employed within their software, except In case the Federal company has authorized an alternative format.
(d) The final economical report submitted from the recipient needs to be owing no later on than 120 calendar times following the conclusion with the duration of effectiveness. A subrecipient have to submit a remaining money report to a go-by entity no later than ninety calendar times after the summary in the duration of effectiveness.