An Unbiased View of 200 cash

usually means a payment that a Federal company or pass-via entity helps make by any suitable payment system and payment method prior to the receiver or subrecipient disburses the cash for plan functions.

A contract is for the objective of getting merchandise and expert services for your recipient's or subrecipient's use and generates a procurement partnership with a contractor. Begin to see the definition of deal

means the motion a Federal agency or move-by way of entity requires to discontinue a Federal award, in full or partly, Anytime ahead of the planned end day on the duration of performance. Termination would not consist of discontinuing a Federal award due to an absence of obtainable cash.

The costs incurred by a recipient or subrecipient to Recuperate incorrect payments, including improper overpayments, are allowable as possibly direct or oblique fees, as appropriate.

If a contract is matter to CAS, fees must be allocated to that deal in accordance with the Cost Accounting Expectations, which consider precedence around the allocation provisions Within this section.

(ii) Obtains an update to that data that may be beneficial to other Federal organizations, the Federal agency is strongly encouraged to amend the information from the method to include the update inside of a timely way.

The Federal agency may perhaps inform applicants that they don't want to provide specified information now being gathered via other indicates.

(one) The recipient or subrecipient may make use of a time-and-components type deal only after a determination that no other deal is suitable and if the agreement features a ceiling value click here which the contractor exceeds at its possess danger.

usually means, for reasons of § 200.330 or when Utilized in connection with the acquisition or improvement of actual residence, machines, or supplies under a Federal award, the greenback amount that is the product or service on the:

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(e) Once the receiver or subrecipient accepts a financial loan or grant, it truly is certifying that it will comply with the prohibition on covered telecommunications equipment and products and services With this area.

means the time interval among the beginning and finish day of a Federal award, which may include things like one or more price range intervals.

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(ii) Investigate findings publicly cited by a Federal company in creating an agency action that has the drive and effect of law.