What Does 200 cash Mean?
What Does 200 cash Mean?
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signifies tangible private assets (such as data engineering programs) possessing a practical lifetime of more than one 12 months in addition to a for each-device acquisition Price tag that equals or exceeds the lesser in the capitalization level established because of the recipient or subrecipient for financial statement functions, or $ten,000.
The eCFR is shown with paragraphs break up and indented to follow the hierarchy of the document. This is often an automatic procedure for consumer ease only and isn't meant to change company intent or current codification.
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(four) The expression “personal loan promise dedication” suggests a binding arrangement by a Federal agency to produce a bank loan ensure when specified circumstances are fulfilled via the borrower, the lender, or some other celebration on the guarantee arrangement.
(a) Recipients and subrecipients are prohibited from obligating or expending bank loan or grant money to:
(two) “Manufactured items” signifies goods and building elements composed in complete or partly of non-ferrous metals for example aluminum; plastics and polymer-centered products and solutions which include polyvinyl chloride pipe; aggregates like concrete; glass, such as optical fiber; and lumber.
(2) A physical inventory of your house must be carried out, and the effects have to be reconciled Together with the residence data a minimum read more of at the time each two a long time.
usually means a bunch of Federal awards both awarded under a selected method or team of plans or to a certain form of recipient or group of recipients to which distinct provisions or exceptions may possibly implement.
suggests, for functions of § 200.330 or when used in connection with the acquisition or enhancement of true house, products, or supplies less than a Federal award, the greenback total that's the products in the:
(5) A prerequisite the subrecipient allow the move-by entity and auditors to obtain the subrecipient's documents and financial statements to the pass-as a result of entity to fulfill its checking demands; and
(e) When the receiver or subrecipient accepts a mortgage or grant, it really is certifying that it will adjust to the prohibition on lined telecommunications tools and providers in this segment.
Software cash flow is deducted from the full allowable prices, minimizing the general overall number of the Federal award.
(d) The final economic report submitted from the receiver should be thanks no afterwards than 120 calendar times after the summary in the period of performance. A subrecipient will have to submit a closing economic report back to a pass-by way of entity no later on than ninety calendar times once the conclusion of your period of general performance.
(b) The prices are appropriately supported by accepted cost allocation strategies in accordance Along with the relevant Price accounting concepts of the component; and