5 Easy Facts About 200 cash Described
5 Easy Facts About 200 cash Described
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(2) The term “immediate mortgage obligation” means a binding agreement by a Federal company to generate a direct loan when specified ailments are fulfilled because of the borrower.
These procurement solutions expedite the completion of transactions, lower administrative burdens, and minimize prices. Informal procurement approaches could be applied when the worth in the procurement transaction under the Federal award doesn't exceed the simplified acquisition threshold as described in § two hundred.
implies a questioned Price specifically identified because of the auditor. Known questioned expenses absolutely are a subset of possible questioned prices.
(four) The expression “mortgage promise determination” suggests a binding settlement by a Federal agency to help make a financial loan guarantee when specified disorders are fulfilled from the borrower, the lender, or any other get together for the assure arrangement.
Title to tools obtained beneath the Federal award will vest upon acquisition in the recipient or subrecipient topic for the circumstances of this segment. This title have to be a conditional title Unless of course a Federal statute exclusively authorizes the Federal agency to vest title within the recipient or subrecipient with no further more obligation towards the Federal Government (and also the Federal company elects to take action).
The Federal company may well only use software information and facts collections authorised by OMB beneath the Paperwork Reduction Act of 1995 and OMB's employing polices in 5 CFR aspect 1320 and in alignment with OMB-accredited, government-vast knowledge aspects out there through the OMB-designated criteria direct.
(ii) Trade techniques, professional info, supplies essential to be held confidential by a researcher right up until They may be posted, or comparable details that's shielded less than legislation; and
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This is the procurement method during which bids are publicly solicited via an invite in addition to a business set-price tag contract (lump sum or unit price) is awarded into the responsible bidder whose bid conforms with all the fabric stipulations in the invitation and it is the bottom in cost. The sealed bids procurement method is most popular for procuring development solutions.
(one) Is accustomed to enter into a marriage, the principal objective of which is to transfer anything of value to perform a public intent authorized by a regulation of The usa (see 31 U.
When gear obtained underneath a Federal award is not necessary for the initial task, software, or for other functions at this time or Earlier supported by a Federal agency, the recipient or subrecipient will have to ask for disposition Directions through the Federal company or move-by means of entity if needed by the conditions and terms with the Federal award.
usually means the time interval among the beginning and end date of a Federal award, which may include one or more finances durations.
(ii) The recipient or subrecipient website will need to have created procedures for conducting complex evaluations and creating options.
(one) Tangible or intangible belongings Employed in operations possessing a handy life of multiple 12 months that are capitalized in accordance with GAAP. Money property include things like: