5 Simple Techniques For 200 loan
5 Simple Techniques For 200 loan
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A subaward is for the purpose of carrying out a portion of the Federal award and results in a Federal economic help partnership by using a subrecipient. Begin to see the definition of Subaward
(1) The phrase “direct loan” signifies a disbursement of funds from the Federal Authorities to a non-Federal borrower underneath a deal that needs the repayment of these types of resources with or without fascination. The term includes the acquisition of, or participation in, a loan made by A further lender and funding preparations that defer payment for greater than ninety days, including the sale of a Federal Govt asset on credit rating conditions.
(twelve) Council of governments, whether integrated being a nonprofit Company under Point out regulation; and
(3) Notwithstanding the encouragement in § two hundred.307 to get paid method cash flow, the receiver or subrecipient need to not use tools acquired Along with the Federal award to offer companies for just a fee that may be a lot less than A personal enterprise would charge for identical solutions Except exclusively approved by Federal statute.
(a) Recipients and subrecipients are prohibited from obligating or expending loan or grant resources to:
means orders positioned for property and companies, contracts and subawards designed, and identical transactions that call for payment by a recipient check here or subrecipient less than a Federal award which will result in expenditures by a receiver or subrecipient beneath a Federal award.
The aggregate number of the procurement transaction will not exceed the micro-buy threshold defined in § two hundred.one. On the extent practicable, the recipient or subrecipient ought to distribute micro-buys equitably among experienced suppliers.
The Federal agency could modify the chance assessment at any time through the period of efficiency, which can justify alterations towards the stipulations of the Federal award. See § 200.208.
Identification of no matter whether the program will issue Federal awards over a discretionary or non-discretionary foundation;
(iii) Fewer than total compliance Along with the statistical sampling specifications pointed out in paragraph (5)(i) could possibly be accepted through the cognizant company for oblique expenses if it concludes the amounts allocated to Federal awards are going to be minimum or if it concludes the process proposed by the recipient or subrecipient will result in reduced expenditures to Federal awards than the usual technique which complies While using the specifications.
(8) Government Summary. A quick description that may be penned in basic language and summarizes the targets and aims of This system, the target audience, and qualified applicants. The textual content of the executive summary shouldn't exceed five hundred words; and
(B) The invitation for bids will have to determine the things or products and services with certain info, together with any expected specs, for the bidder to correctly react;
Additional assistance pay normally signifies overload compensation, matter to institutional compensation policies for products and services previously mentioned and past IBS.
indicates charges produced by a receiver or subrecipient to some venture or program for which a Federal award is been given.