Not known Details About 200 loan
Not known Details About 200 loan
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If the recipient or subrecipient retains title towards the home, it ought to pay back the Federal company an total calculated by multiplying The proportion from the Federal agency's contribution towards the original order (and charges of any enhancements) by The present truthful current market value of the house.
(3) The disposal of scrap or surplus elements acquired inside the overall performance of the Federal award other than in the event the recipient or subrecipient is reimbursed for disposal fees at a predetermined amount of money; or
(three) Is critical to the overall operation of your recipient or subrecipient which is assignable partly for the Federal award in accordance Using these Price principles.
(3) Notwithstanding the encouragement in § two hundred.307 to earn program income, the recipient or subrecipient have to not use tools obtained Using the Federal award to supply providers to get a payment that is definitely lower than A personal enterprise would charge for similar solutions Except if specially authorized by Federal statute.
(six) Payments for allowable prices must not be withheld Anytime through the period of efficiency Except needed by Federal statute, laws, or in a single of the subsequent circumstances:
(3) Amounts funded from the recipient or subrecipient in excessive of your actuarially identified amount of money for just a fiscal calendar year may very well be made use of as being the recipient's or subrecipient's contribution in future durations.
(a) Contingency provisions are Portion of a price range estimate of potential prices (generally of website large design projects, IT devices, or other objects accepted by the Federal agency) that happen to be connected with feasible gatherings or conditions arising from results in for which the precise consequence is indeterminable at some time of estimate and which are more likely to outcome, while in the combination, in extra prices for your permitted exercise or venture.
The Federal agency may well modify the chance evaluation Anytime over the duration of overall performance, which may justify changes to the terms and conditions on the Federal award. See § two hundred.208.
(vi) Aid the distribution of the worker's income or wages among the precise activities or Price goals if the worker is effective on multiple Federal award; a Federal award and non-Federal award; an oblique Charge action along with a immediate Charge action; two or even more oblique functions allocated employing diverse allocation bases; or an unallowable action and also a direct or oblique Charge action.
The next are certainly not thought of program revenue Except laid out in Federal statutes, restrictions, or perhaps the conditions and terms from the Federal award:
The applicant's document of managing earlier and existing Federal awards, which include compliance with reporting demands and conformance for the conditions and terms of Federal awards, if applicable;
The prices incurred by a recipient or subrecipient to recover inappropriate payments, together with incorrect overpayments, are allowable as either immediate or indirect charges, as correct.
When requesting acceptance for finances revisions, the recipient or subrecipient will have to use precisely the same format for funds info which was used within their software, other than Should the Federal company has accredited an alternative format.
Immediate prices are Individuals expenses which might be determined precisely with a selected final Price objective, for instance a Federal award, or other internally or externally funded action, or which can be directly assigned to this kind of functions comparatively easily by using a higher diploma of accuracy.