200 loan - An Overview
(b) The prices are effectively supported by permitted Value allocation strategies in accordance Together with the relevant Expense accounting principles of the portion; and(b) The prices could be allowable In case the Federal award was not suspended or expired Commonly at the end of the period of performance during which the termination will take outcome.
usually means, for uses of ยง 200.330 or when Utilized in reference to the acquisition or enhancement of authentic assets, gear, or supplies under a Federal award, the dollar sum that's the product from the:
usually means the Federal company responsible for examining, negotiating and approving Value allocation designs or oblique cost proposals on behalf of all Federal organizations.
Except the Federal agency expressly authorizes an arrangement, a receiver or subrecipient must abide by its written procedures and techniques concerning the permissible extent of Specialist expert services that can be furnished exterior the receiver or subrecipient for non-organizational payment.
(a) The Federal company or pass-by way of entity have to shut out the Federal award when it determines that each one administrative actions and expected function from the Federal award happen to be accomplished. In the event the receiver or subrecipient fails to finish the required administrative steps or maybe the essential work for an award, the Federal agency or pass-by means of entity ought to continue with closeout depending on the information out there. This part specifies the executive steps necessary at the end of the duration of overall performance.
(b) Except if expressly approved by Federal statute, the recipient or subrecipient will have to not use provides acquired Using the Federal award to supply solutions to get a charge that's a lot less than a private company would demand for equivalent products and services.
(b) After the closeout of the Federal award, a connection made underneath the Federal award might be modified or led to whole or in part. This may only be performed Together with the consent of your awarding Federal company or pass-by means of entity as well as receiver or subrecipient, supplied the tasks with the receiver or subrecipient referred to in paragraph (a) of the area, which include All those for assets management as applicable, are considered and provisions are created for continuing responsibilities with the recipient or subrecipient, as proper.
(ii) Investigate conclusions publicly cited by a Federal agency in creating an company action that has the drive and effect of legislation.
(b) Fees or price ranges based on approximated costs for contracts beneath the Federal award are allowable only on the extent that The prices incurred or Value estimates included in negotiated charges would be allowable for that recipient or subrecipient under subpart E of the component.
The Federal company may well waive any general performance report that is not needed to make sure here the objectives and aims on the Federal award are increasingly being accomplished.
Some nonprofit companies, as a consequence of their size and mother nature of functions, is usually thought to be similar to for-gain corporations in terms of the applicability of cost principles. These nonprofit corporations will have to function less than Federal Price tag concepts that implement to for-gain corporations Situated at 48 CFR 31.
The recipient and subrecipient will have to utilize these principles in analyzing allowable expenses underneath Federal awards. The recipient and subrecipient have to also use these concepts being a information in pricing fastened-price contracts and subcontracts when charges are Employed in identifying the suitable price. These Expense concepts never apply to:
When serious house is now not required for that originally authorized reason, the receiver or subrecipient need to get hold of disposition Directions through the Federal company or go-by means of entity. The Recommendations must specify among the next disposition solutions: