The smart Trick of 200 cash That Nobody is Discussing
The smart Trick of 200 cash That Nobody is Discussing
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signifies a Federal loan or mortgage assurance obtained or administered by a receiver or subrecipient, except as applied During this section's definition of software cash flow.
means the Federal agency answerable for examining, negotiating and approving cost allocation options or indirect cost proposals on behalf of all Federal businesses.
means the procedure by which the Federal company or go-through entity establishes that each one relevant administrative actions and all necessary work of the Federal award are already done and takes steps as explained in § two hundred.344.
(one) Expenses to Federal awards for salaries and wages must be based on information that correctly mirror the get the job done performed. These documents ought to:
usually means Charge sharing exclusively pledged voluntarily during the proposal's spending plan around the Section of the receiver or subrecipient, which gets a binding requirement in the Federal award. See § two hundred.306.
(3) The Federal company need to give a duplicate of the complete textual content of the final terms and conditions if a receiver requests it.
The Federal agency ought to use OMB-authorised frequent information and facts collections (as an example, Investigation Overall performance Progress Studies) when requesting general performance reporting information and facts. The Federal agency or pass-via entity may well not collect functionality reports a lot more commonly than quarterly Except a selected ailment has long been executed in accordance with § two hundred.208. On the extent practicable, the Federal agency or move-by means of entity really should align the thanks dates of performance more info experiences and financial reports. When reporting application overall performance, the recipient or subrecipient ought to relate money knowledge and undertaking or system accomplishments for the efficiency targets and objectives of your Federal award. Also, the recipient or subrecipient need to supply Expense facts to demonstrate Expense-efficient techniques (for example, through device Charge knowledge) when necessary from the stipulations with the Federal award.
Plan profits is additional to the overall allowable fees, raising the overall overall level of the Federal award.
(two) Has its effectiveness calculated in relation to whether or not the targets of a Federal system were being fulfilled;
If licensed by Federal restrictions or even the Federal award, charges incidental to producing application cash flow can be deducted from gross income to find out program cash flow, supplied these charges have not been billed to the Federal award.
(e) The quantity or proportion of unallowable expenditures included in annually's amount might be assumed for being similar to the amount or proportion of unallowable prices included in the base 12 months proposal employed to determine the speed.
(4) Any other entity consisting wholly or partly of a number of foreign governments or foreign governmental entities.
(two) Although the gear is getting used to the originally-approved function, the recipient or subrecipient need to not eliminate or encumber its title or other passions with no approval with the Federal company or go-by way of entity.
The next is a summary of definitions of crucial phrases routinely Employed in two CFR section two hundred. Definitions found in Federal statutes or laws that utilize to unique programs consider precedence above the next definitions.