usually means an entity where much more than fifty p.c in the entity is owned or controlled straight by a father or mother corporation or through An additional subsidiary of the mother or father Company.
(1) Any expenses when audits necessary by the Single Audit Act and subpart File of this aspect haven't been conducted, or are executed although not in accordance with the necessities; and
(1) The recipient or subrecipient need to submit effectiveness stories as necessary with the Federal award. Intervals need to be no fewer frequent than every year nor more Recurrent than quarterly other than if distinct ailments are applied (See § two hundred.208). Studies submitted annually by the receiver or subrecipient needs to be thanks no later than ninety calendar times once the reporting period of time. Studies submitted quarterly or semiannually has to be due no later on than thirty calendar times following the reporting period of time. Alternatively, the Federal company or go-via entity may perhaps require yearly reports ahead of the anniversary dates of several-12 months Federal awards.
(3) Notwithstanding the encouragement in § two hundred.307 to receive plan profits, the receiver or subrecipient must not use machines acquired Along with the Federal award to offer products and services for any rate that is certainly a lot less than a private company would demand for identical solutions unless especially licensed by Federal statute.
(one) Is accustomed to enter into a connection, the principal function of which happens to be to transfer anything of price to carry out a public purpose licensed by a regulation of The usa (see 31 U.
(2) Even though the equipment is getting used to the originally-authorized reason, the recipient or subrecipient will have to not get rid of or encumber its title or other interests without the acceptance of the Federal agency or go-by entity.
For recipients and subrecipients besides States, payment approaches should limit the time elapsing involving the transfer of funds through the Federal company or maybe the pass-via entity and the disbursement of cash by the recipient or subrecipient regardless of whether the payment is produced by Digital funds transfer or by other signifies.
means a Federal loan or loan guarantee been given or administered by a recipient or subrecipient, besides as employed In this particular area's definition of software cash flow.
(three) Establish any supplemental prerequisites which the offerors have to fulfill and all other elements that could be Utilized in evaluating bids or proposals.
(3) The procurement is anticipated to exceed the simplified acquisition threshold and specifies a “brand identify” merchandise;
Application income is added to the full allowable costs, rising the overall whole level of the Federal award.
for recipients and subrecipients implies processes designed and implemented by recipients and subrecipients to provide reasonable assurance concerning the achievement of aims in the next categories:
(a) All procurement transactions underneath the Federal award need to be carried out inside of a method that gives total and open competition and is particularly in keeping with more info the expectations of this section and § 200.320.
(four) The term “loan promise determination” implies a binding arrangement by a Federal company to make a loan guarantee when specified conditions are fulfilled through the borrower, the lender, or any other get together to your warranty agreement.