200 loan - An Overview
200 loan - An Overview
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means a facility licensed as a hospital underneath the regulation of any State or maybe a facility operated as being a hospital by America, a State, or maybe a subdivision of a Condition.
(one) Any prices when audits demanded by The one Audit Act and subpart File of this aspect have not been performed, or are actually performed although not in accordance with the necessities; and
A deal is for the objective of getting goods and services for that recipient's or subrecipient's use and produces a procurement romance using a contractor. Begin to see the definition of agreement
(2) The phrase “immediate loan obligation” suggests a binding settlement by a Federal agency for making a direct loan when specified ailments are fulfilled from the borrower.
(9) The Federal agency or go-via entity should not demand different depository accounts for resources delivered into the receiver or subrecipient or establish any eligibility necessities for depositories.
(two) Although the products is getting used for your at first-licensed objective, the receiver or subrecipient need to not eliminate or encumber its title or other pursuits with no approval on the Federal company or move-via entity.
(b) The Federal company or pass-via entity must acquire financial experiences no a lot less than every year. The Federal company or pass-as a result of entity might not gather fiscal studies more frequently than quarterly Except if a specific affliction has become implemented in accordance with § 200.
If a deal is topic to CAS, expenses need to be allotted to that contract based on the Charge Accounting Benchmarks, which consider precedence more than the allocation provisions In this particular part.
The recipient or subrecipient will have to award contracts only to liable contractors that possess the chance to conduct productively underneath the stipulations of the proposed deal. The recipient or subrecipient need to take into account contractor integrity, public coverage compliance, proper classification of personnel (see the Truthful Labor Requirements Act, 29 U.
You will discover precise instances during which the recipient or subrecipient may perhaps make use of a noncompetitive procurement strategy. The noncompetitive procurement system may well only be employed if one of the subsequent conditions applies:
Costs on the receiver or subrecipient ensuing from economic obligations incurred with the receiver or subrecipient throughout a suspension or following the termination of the Federal award are not allowable Unless of course the Federal company or pass-by means of entity expressly authorizes them during the discover of suspension or termination or subsequently. Even so, costs during suspension or soon after termination are allowable if:
(ii) The pass-by entity have to not demand the usage of the de minimis oblique Price tag amount if the subrecipient has an accepted oblique Charge level negotiated Along with the Federal Governing administration.
The Federal agency or pass-through entity should call for the receiver or subrecipient to post stories over the position of authentic house through which the Federal Governing administration retains an curiosity. These kinds of stories have to be submitted at the least every year. In circumstances wherever the Federal Government's desire in the actual assets extends for 15 years or click here more, the Federal agency or move-by means of entity might require the recipient or subrecipient to report at various multi-year frequencies.
(b) The costs of a monetary assertion audit of a recipient or subrecipient that does not presently Have got a Federal award could be included in the indirect Charge pool for a value allocation strategy or indirect Value proposal.