The 2-Minute Rule for 200 loan
The 2-Minute Rule for 200 loan
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A subaward is for the purpose of finishing up a portion of the Federal award and results in a Federal fiscal aid romance by using a subrecipient. See the definition of Subaward
(b) The costs could well be allowable Should the Federal award was not suspended or expired Ordinarily at the conclusion of the duration of general performance wherein the termination will take impact.
The recipient or subrecipient is responsible for determining an acceptable simplified acquisition threshold dependant on inner controls, an analysis of possibility, and its documented procurement procedures, which can be lessen than, but will have to not exceed, the threshold recognized within the Considerably.
The receiver or subrecipient must maintain and use documented processes for procurement transactions less than a Federal award or subaward, such as for acquisition of residence or expert services.
(2) Rewards each the Federal award together with other do the job of your receiver or subrecipient and might be dispersed in proportions Which may be approximated applying sensible solutions; or
A short summary in the statutory or regulatory needs of the program and its intended consequence. The place proper, the program description, purpose, targets, and efficiency measurement need to align Using the strategic ambitions and objectives throughout the Federal company's overall performance plan and may aid the Federal company's efficiency measurement, management, consumer expertise initiatives, and reporting as required by Aspect six of OMB Round A-11;
(b) Unless expressly licensed by Federal statute, the receiver or subrecipient have to not use provides obtained While using the Federal award to deliver expert services for the price that is certainly below A non-public business would demand for very similar companies.
indicates PII (see definition With this part), apart from PII that needs to be disclosed by law. Examples of PII contain, but usually are not restricted to, social protection selection; copyright quantity; charge card quantities; clearances, lender quantities; biometrics; date and spot of beginning; mother's maiden title; criminal, professional medical and economic information; and educational transcripts.
(two) “Produced goods” means goods and construction products composed in complete or partially of non-ferrous metals for instance aluminum; plastics and polymer-based products and solutions for example polyvinyl chloride pipe; aggregates such as concrete; glass, including optical fiber; and lumber.
(a) Voluntary dedicated Price sharing is not anticipated less than Federal analysis grants. The Federal company may well not use voluntary dedicated Value sharing as an element through the benefit review of more info applications or proposals for Federal analysis grants Until licensed by Federal statutes or company regulations and specified in the observe of funding option.
(8) Govt Summary. A quick description which is penned in plain language and summarizes the ambitions and targets of the program, the target market, and eligible applicants. The text of The manager summary must not exceed five hundred text; and
(d) In utilizing the prohibition beneath portion 889 of Community Law 115-232, heads of executive companies administering loan, grant, or subsidy programs will have to prioritize available funding and technical assistance to assist afflicted firms, institutions, and companies as is fairly needed for those affected entities to changeover from protected telecommunications devices or products and services, to procure substitute tools or providers, and making sure that communications provider to consumers and clients is sustained.
(v) Payments for unfunded pension costs has to be charged in accordance Along with the allocation concepts of the subpart. Specifically, the receiver or subrecipient might not cost unfunded pension expenditures straight to a Federal award if Those people unfunded pension prices aren't allocable to that award.
(four) The time period “loan ensure commitment” means a binding arrangement by a Federal company to help make a loan assure when specified problems are fulfilled by the borrower, the lender, or every other get together towards the promise arrangement.