Not known Factual Statements About 200 cash

Not known Factual Statements About 200 cash

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(two) The effects of preceding audits. This contains taking into consideration if the subrecipient receives only one Audit in accordance with subpart File as well as extent to which precisely the same or identical subawards are actually audited as A significant method;

(a) The receiver or subrecipient need to carry out a cost or selling price Investigation For each procurement transaction, like contract modifications, in excessive of the simplified acquisition threshold. The tactic and degree of analysis performed rely upon the info encompassing The actual procurement transaction.

(twelve) Council of governments, if included for a nonprofit corporation under Condition law; and

(four) A company located in a rustic aside from The us not regarded like a international public entity.

(a) Recipients and subrecipients are prohibited from obligating or expending personal loan or grant funds to:

indicates the documentation pinpointing, accumulating, and allocating or building billing premiums determined by the allowable expenses of products and services provided by a Condition, nearby governing administration, or Indian Tribe to its departments and organizations on the centralized foundation. The prices of such companies might be allocated or billed to end users.

(one) The receiver or subrecipient must use products for that challenge or system for which it had been obtained and for so long as desired, whether or not the job or application continues for being supported because of the Federal award. The receiver or subrecipient ought to not encumber the gear without the need of prior acceptance on the Federal agency or go-by way of entity.

(four) In the event the receiver or subrecipient are unable to satisfy the standards for advance payments as well as Federal agency or pass-through entity has established that reimbursement is not really feasible as the recipient or subrecipient lacks sufficient Doing the job money, the Federal company or pass-through entity may possibly provide cash on the Doing the job capital advance basis. Underneath this treatment, the Federal company or go-by means of entity ought to progress cash payments to your receiver or subrecipient to include its approximated disbursement requirements for an Preliminary period of time generally aligned for the recipient's or subrecipient's disbursing cycle.

suggests, for purposes of § 200.330 or when used in connection with the acquisition or enhancement of serious home, tools, or provides underneath a Federal award, the greenback amount that's the product from the:

(1) The value of your remaining lifetime of the home recorded inside the receiver's or subrecipient's accounting data at enough time of donation.

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A State must use, control and dispose of kit obtained less than a Federal award in accordance with Condition guidelines and procedures. Indian Tribes will have to use, deal with, and dispose of apparatus acquired less than a Federal award in accordance with tribal laws and strategies.

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The next is an index of definitions of key phrases routinely Utilized in two CFR section two hundred. click here Definitions found in Federal statutes or polices that apply to certain courses get precedence about the subsequent definitions.