Everything about 200 loan
Everything about 200 loan
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means a facility licensed as a healthcare facility beneath the law of any State or maybe a facility operated like a clinic by The us, a State, or a subdivision of the Condition.
The recipient's or subrecipient's processes need to stay away from the acquisition of unwanted or duplicative objects. Consideration should be presented to consolidating or breaking out procurements to obtain a more affordable order.
(4) Common routine maintenance methods must be in place to ensure the property is in correct Doing work affliction.
(1) The recipient or subrecipient may ask for the Federal company or move-by entity evaluation its procurement process to ascertain no matter whether it satisfies these standards for its system being Licensed.
(2) PRHP expenses calculated applying an actuarial Price strategy recognized by GAAP are allowable for just a given fiscal yr Should they be funded for that yr inside of six months once the stop of that yr. Charges funded following 6 months (or possibly a later on period agreed to by the cognizant agency for indirect prices) are allowable within the yr funded. The cognizant company for oblique expenses could comply with an extension if an appropriate adjustment is made to compensate for the timing of the charges on the Federal Government and related Federal reimbursement along with the receiver's or subrecipient's contributions to your PRHP fund.
It is far from usually probable to specify the categories of costs that may be categorized as indirect fees for nonprofit businesses due to variety of their accounting procedures. The Affiliation of a cost which has a Federal award will be the identifying Consider distinguishing immediate from oblique prices.
(h) The Federal company must make each and every effort and hard work to complete all closeout actions no later on than one particular year after the stop with the duration of overall performance. If your oblique Charge rate has not been finalized and would delay closeout, the Federal company is approved to mutually agree While using the receiver to close an award working with The existing or most lately negotiated rate.
(a) Title to materials acquired underneath the Federal award will vest on acquisition inside the receiver or subrecipient. When You will find a residual inventory of unused materials exceeding $ten,000 in aggregate price at the end of the duration of performance, as well as supplies are usually not essential for almost every other Federal award, the recipient or subrecipient may well retain or market the unused provides. Unused materials indicates provides which might be in new issue, not having been utilised or opened prior to. The aggregate worth of unused provides is made of all supply kinds, not the same as-product supplies.
(five) A proposed contract modification adjustments the scope of a contract or increases the agreement total by much more than the simplified acquisition threshold.
Matter to the requirements and disorders set forth With this section, title to actual assets acquired or enhanced underneath the Federal award will vest on acquisition within the receiver read more or subrecipient.
(a) The place the Federal Govt ensures or insures the repayment of money borrowed from the recipient, the Federal agency could call for satisfactory bonding and insurance policies When the bonding and insurance plan prerequisites with the recipient aren't considered sufficient to guard the interest of your Federal Governing administration.
(ii) The move-via entity will have to not call for using the de minimis indirect Value fee If your subrecipient has an permitted indirect Charge charge negotiated With all the Federal Government.
implies the time interval concerning the start and end day of a Federal award, which can incorporate a number of funds periods.
(3) Limited in scope to a number of of the subsequent varieties of compliance specifications: activities authorized or unallowed; allowable fees/Price concepts; eligibility; and reporting.