means a Federal bank loan or financial loan promise been given or administered by a recipient or subrecipient, besides as made use of in this part's definition of plan revenue.
(4) Telecommunications or movie surveillance tools or companies made or furnished by an entity which the Secretary of Defense, in consultation While using the Director in the National Intelligence or even the Director of the Federal Bureau of Investigation, fairly believes to be an entity owned or controlled by, or otherwise linked to, the government of the included foreign state;
signifies a questioned Charge especially recognized because of the auditor. Identified questioned costs are a subset of likely questioned expenditures.
(b) In certain instances, the amounts received from the Federal Federal government to finance actions or services operations in the receiver or subrecipient ought to be taken care of as applicable credits.
(3) The procurement is anticipated to exceed the simplified acquisition threshold and specifies a “manufacturer name” item;
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The Federal agency or go-by way of entity, Inspectors Common, the Comptroller Normal of The usa, or any in their approved representatives needs to have the appropriate of entry to any information with the recipient or subrecipient pertinent to your Federal award to complete audits, execute web page visits, or for some other Formal use.
A receiver or subrecipient ought to ask for prior published approval from the Federal company or go-as a result of entity for the next system and funds-linked explanations:
(a) Money reports ought to include a certification, signed by an official who's approved to legally bind the receiver, which reads as follows: “By signing this report, I certify to the top of my knowledge and belief that the report is genuine, finish, and precise, as well as expenses, disbursements and cash receipts are for your purposes and objectives established forth in the stipulations of the Federal award.
The receiver or subrecipient may perhaps build a threshold increased compared to micro-order threshold identified in the Much in accordance with the requirements of the portion. The recipient or subrecipient could click here self-certify a threshold as much as $50,000 on an once-a-year foundation and should maintain documentation being produced available to the Federal agency or pass-by entity and auditors in accordance with § two hundred.
Exclusive criteria in deciding the allowability of payment will likely be supplied to any modify within a receiver's or subrecipient's payment plan resulting in a substantial boost in its staff members' level of compensation (specifically in the event the transform was concurrent with a rise in the ratio of Federal awards to other activities) or any modify from the cure of allowability of distinct different types of payment because of adjustments in Federal coverage.
A receiver or subrecipient using a present-day Federal negotiated indirect Price price may well apply for a a single-time extension of that settlement for up to four years. This extension is going to be issue to evaluation and approval with the cognizant company for indirect expenditures. If this extension is granted, the receiver or subrecipient may well not request a fee overview right until the extension period finishes.
(ii) The recipient or subrecipient must have created strategies for conducting complex evaluations and creating picks.
(three) Each individual Federal company that considers making a Federal award for the applicant through that 5-yr period will look at that information and facts in determining the applicant's qualification to get a Federal award when the full Federal share of the Federal award is predicted to exceed the simplified acquisition threshold about the duration of functionality;