A Simple Key For 200 loan Unveiled
A Simple Key For 200 loan Unveiled
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means a facility certified for a clinic underneath the regulation of any Condition or perhaps a facility operated as being a hospital by the United States, a State, or even a subdivision of a Condition.
The following is a summary of definitions of critical phrases frequently Employed in two CFR aspect two hundred. Definitions located in Federal statutes or polices that use to unique plans get precedence around the following definitions.
When conducting procurement transactions underneath a Federal award, a Point out or Indian Tribe must Stick to the similar procedures and processes it works by using for procurements with non-Federal cash. If these kinds of insurance policies and methods don't exist, States and Indian Tribes must Stick to the procurement criteria in §§ two hundred.
(three) Notwithstanding the encouragement in § 200.307 to get paid system money, the receiver or subrecipient should not use products obtained Along with the Federal award to deliver solutions for the payment that is definitely under A personal company would charge for similar products and services unless specifically approved by Federal statute.
(1) The receiver or subrecipient need to be paid in advance, provided it maintains or demonstrates the willingness to keep up the two published strategies that lower enough time elapsing between the transfer of resources and disbursement because of the receiver or subrecipient, and economic administration units that satisfy the specifications for fund control and accountability as proven During this portion. Advance payments to the receiver or subrecipient needs to be restricted to the minimum amount amounts required and become timed with true, speedy dollars necessities in the recipient or subrecipient in finishing up the purpose of the authorised application or undertaking.
signifies a questioned cost specially determined via the auditor. Acknowledged questioned expenditures are a subset of possible questioned expenses.
implies the Federal company selected to carry out the duties described in § 200.513(a). The cognizant company for audit is not automatically similar to the cognizant agency for oblique expenses.
Any Federal cash compensated towards the recipient or subrecipient in excessive of the quantity which the receiver or subrecipient is decided being entitled to beneath the Federal award represent a personal debt to the Federal Authorities.
(i) Prices of leaves of absence by staff members for functionality of graduate perform or sabbatical study, journey, or study are allowable, presented the IHE incorporates a uniform composed coverage on sabbatical depart for persons engaged in instruction and folks engaged in research. These fees need to be allocated equitably among the all connected activities with the IHE.
Federal businesses will have to build conflict of curiosity procedures for Federal awards. A receiver or subrecipient will have to disclose in composing any potential conflict of interest into the Federal agency or move-as a result of entity in accordance With all the set up Federal agency policies.
signifies an entity that gets a subaward from the pass-by means of entity to perform Portion of a Federal award. The time period subrecipient does not incorporate a beneficiary or participant. A subrecipient could also be considered a receiver of other Federal awards directly from a Federal agency.
implies an individual procurement transaction for provides or services, the aggregate level of which isn't going to exceed the micro-purchase threshold. Micro-buys comprise a subset of the recipient's or subrecipient's little purchases employing informal procurement strategies as established forth in § two hundred.320.
The receiver and subrecipient have to utilize these concepts in determining allowable charges below Federal awards. The receiver and subrecipient should also use these rules for a guidebook in pricing preset-value contracts and subcontracts when costs are Utilized in pinpointing the appropriate price. These Value concepts usually do not utilize to:
The prices of certain things to do usually are not allowable as prices to more info Federal awards. Despite the fact that these expenses are unallowable, they need to be handled as direct expenses for uses of identifying indirect Value costs and be allocated their equitable share of your recipient's or subrecipient's oblique expenditures when they stand for functions which: