A Review Of 200 cash

A Review Of 200 cash

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(two) The phrase “immediate mortgage obligation” suggests a binding agreement by a Federal agency to help make a immediate personal loan when specified situations are fulfilled from the borrower.

The receiver and subrecipient are responsible for the oversight of your Federal award. The receiver and subrecipient have to observe their pursuits under Federal awards to ensure They may be compliant with all prerequisites and Assembly functionality expectations.

(a) Whether the Value is usually identified as common and needed for the recipient's or subrecipient's Procedure or the correct and productive functionality on the Federal award;

The costs incurred by a recipient or subrecipient to Recuperate incorrect payments, which includes poor overpayments, are allowable as both direct or indirect expenditures, as correct.

means someone procurement transaction for supplies or companies, the aggregate volume of which won't exceed the micro-buy threshold. Micro-buys comprise a subset of the receiver's or subrecipient's tiny buys working with casual procurement techniques as established forth in § 200.320.

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(iii) The depository would need a mean or least equilibrium so substantial that it would not be feasible Along with the anticipated Federal and non-Federal cash means;

usually means the entity that owns or controls a direct proprietor of the applicant or that owns or controls a number of entities that Manage an immediate proprietor of the applicant.

usually means, for needs of § 200.330 or when Utilized in connection with the acquisition or enhancement of authentic assets, gear, or materials under a Federal award, the greenback amount that's the product or service of your:

(iv) Making use of agreements intended to ensure uninterrupted supply of solutions; making use of agreements intended to guarantee Neighborhood Positive aspects; or

(1) Learns that any of that information and facts is erroneous, the Federal agency must proper the data in the method in just a few company days; and

(four) Any other entity consisting wholly or partially of a number of foreign governments or foreign governmental entities.

You can find 3 types of procurement procedures described With this portion: casual procurement methods (for micro-purchases and simplified acquisitions); formal procurement methods (as a result of sealed bids or proposals); and noncompetitive procurement techniques.

implies a facility accredited for a hospital under the legislation of any get more info Condition or a facility operated like a medical center by the United States, a Condition, or simply a subdivision of the State.