A Secret Weapon For 200 loan

(one) The receiver's or subrecipient's procurement techniques or Procedure fails to adjust to the procurement expectations With this section;

(b) The prices might be allowable When the Federal award was not suspended or expired Usually at the conclusion of the period of effectiveness where the termination will take impact.

Initiate a one particular-time extension of your period of functionality by approximately 12 months Except a number of from the conditions outlined in paragraphs (g)(2)(i) as a result of (iii) of the portion implement. Prior approval is not necessary if a receiver is approved while in the terms and conditions of your Federal award to initiate a just one-time extension. Nevertheless, the receiver need to notify the Federal agency in producing Together with the supporting justification as well as a revised period of general performance at least ten calendar times prior to the conclusion with the duration of efficiency.

(xii) Assistance Listings title and quantity; the go-through entity need to detect the dollar sum designed obtainable beneath Just about every Federal award and the Support Listings Variety at time of disbursement;

means the procedure by which the Federal company or go-via entity establishes that every one relevant administrative steps and all expected function in the Federal award are already finished and normally takes actions as described in § two hundred.344.

(six) Specifying merely a “brand name name” merchandise in lieu of allowing “an equivalent” merchandise to be available and describing the performance or other related needs on the procurement; and

(three) The Federal company will have to provide a duplicate of the complete text of the final conditions and terms if a receiver requests it.

(e) Any website unique circumstances should be promptly taken out after the conditions that prompted them have been glad.

suggests a gaggle of Federal awards either awarded less than a specific application or group of systems or to a selected kind of receiver or group of recipients to which precise provisions or exceptions may perhaps apply.

The subsequent aren't deemed system revenue Except if laid out in Federal statutes, polices, or perhaps the stipulations in the Federal award:

(two) Prolong or renew a deal to acquire or attain covered telecommunications devices or companies; or

The receiver or subrecipient could assign fringe Positive aspects to Value goals by identifying specific benefits to certain unique staff members or by allocating them based upon entity-extensive salaries and wages of the employees acquiring the benefits.

(a) All procurement transactions underneath the Federal award has to be executed in the method that gives whole and open Opposition and is according to the specifications of this section and § two hundred.320.

Official procurement techniques are expected when the value with the procurement transaction under a Federal award exceeds the simplified acquisition threshold in the receiver or subrecipient. Formal procurement procedures are aggressive and require public recognize.

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