The best Side of 200 loan
The best Side of 200 loan
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means an auditor that's a general public accountant or even a Federal, Point out, local government, or Indian Tribe audit Group that meets the general criteria specified for external auditors in generally acknowledged authorities auditing specifications (GAGAS). The expression auditor will not contain inside auditors of nonprofit organizations.
The recipient's or subrecipient's methods will have to steer clear of the acquisition of unwanted or duplicative products. Thought ought to be provided to consolidating or breaking out procurements to obtain a more inexpensive obtain.
(four) When attaining substitution machines, the recipient or subrecipient may possibly both trade-in or market the machines and use the proceeds to offset the cost of the substitute devices.
(1) The recipient or subrecipient may ask for the Federal company or go-by entity evaluate its procurement method to find out irrespective of whether it satisfies these expectations for its program for being Accredited.
(three) IHEs may well present workers tuition waivers or reductions, presented the advantage isn't going to discriminate in favor of remarkably compensated staff members.
indicates the entity that owns or controls an immediate operator of the applicant or that owns or controls a number of entities that Manage an immediate owner of an applicant.
The mixture level of the procurement transaction doesn't exceed the micro-purchase threshold outlined in § 200.one. For the extent practicable, the receiver or subrecipient must distribute micro-purchases equitably among skilled suppliers.
(b) When developing general performance reporting frequency and content, the Federal company should take into consideration what information and facts will probably be needed to evaluate the recipient's development, to establish promising procedures of recipients, and Establish the proof on which the Federal agency helps make application and general performance selections.
(two) “Produced products” suggests things and design resources composed in total or partially of non-ferrous metals including aluminum; plastics and polymer-based merchandise for instance polyvinyl chloride pipe; aggregates such as concrete; glass, which include optical fiber; and lumber.
There are actually unique circumstances through which the recipient or subrecipient may perhaps make use of a noncompetitive procurement system. The noncompetitive procurement process may only be utilized if one among the following circumstances applies:
(a) Where the Federal Authorities guarantees or insures the repayment of money borrowed through the recipient, the Federal company may perhaps involve satisfactory bonding and insurance coverage If your bonding and insurance plan necessities with the recipient aren't considered adequate to guard the interest with the Federal Govt.
(b) In administering Federal awards that happen to be topic into a click here Federal statute prohibiting discrimination based on intercourse, the Federal company or pass-as a result of entity must be certain that the award is administered in a means that does not unlawfully discriminate depending on sexual orientation or gender identity Should the statute's prohibition on sex discrimination encompasses discrimination according to sexual orientation and gender identity consistent with the Supreme Court docket's reasoning in Bostock
(1) The Federal company ought to establish and keep insurance policies and processes for conducting a hazard evaluation to evaluate the dangers posed by applicants ahead of issuing Federal awards. This evaluation allows determine pitfalls which will impact the development towards or even the achievement of a task's plans and aims. Risk assessments support Federal professionals in figuring out acceptable methods and the perfect time to commit to challenge oversight and monitor receiver progress.
(one) Fringe Advantages in the form of undergraduate and graduate tuition or tuition remission for person staff members are allowable, provided these kinds of Added benefits are granted in accordance with recognized created procedures of your IHE and they are dispersed to all IHE actions on an equitable basis. Tuition benefits for family members in addition to the worker are unallowable.