usually means an entity wherein much more than fifty percent in the entity is owned or controlled straight by a mother or father Company or by An additional subsidiary of the mum or dad corporation.
(e) Federal businesses will have to not article any data that may be produced publicly out there while in the non-community segment of the accountability and qualification data that is roofed by a disclosure exemption below the liberty of knowledge Act. If a receiver asserts within seven calendar times to a Federal agency that some or every one of the publicly readily available data is covered by a disclosure exemption under the Freedom of Information Act, the Federal agency that posted the knowledge have to take away the posting in just 7 calendar times of obtaining the assertion.
(4) Common servicing treatments should be in place to ensure the house is in correct Functioning issue.
(2) The phrase “direct loan obligation” means a binding settlement by a Federal company to make a direct loan when specified problems are fulfilled from the borrower.
(3) IHEs may perhaps offer staff members tuition waivers or reductions, offered the advantage would not discriminate in favor of extremely compensated personnel.
(ii) The recipient or subrecipient is delinquent in the personal debt to America as outlined in OMB Circular A-129, “Policies for Federal Credit history Packages and Non-Tax Receivables.” Under these types of conditions, the Federal agency or go-via entity may, right after giving reasonable observe, withhold payments towards the recipient or subrecipient for economic obligations incurred after a specified date right until the circumstances are corrected or maybe the debt is repaid for the Federal Federal government.
There won't be any specifications governing the disposition of application profits attained after the conclusion of the period of overall performance with the Federal award Until stipulated inside the Federal company rules or maybe the conditions and terms of the Federal award.
(one) Fees to Federal awards for salaries and wages must be determined by data that precisely mirror the perform performed. These records will have to:
Identification of whether or not the program will issue Federal awards with a discretionary or non-discretionary foundation;
implies the level of cash less than a Federal award the receiver or subrecipient hasn't obligated. The amount is computed by subtracting the cumulative level of the receiver's or subrecipient's unliquidated economic obligations and expenses underneath the Federal award through the cumulative number of cash the Federal agency or move-through entity authorized the recipient or subrecipient to obligate.
(b) Be sure that each individual subaward is Plainly identified towards the subrecipient here as being a subaward and consists of the information offered underneath. A go-as a result of entity must provide the most beneficial available facts when several of the data below is unavailable.
The costs incurred by a receiver or subrecipient to Get better incorrect payments, together with incorrect overpayments, are allowable as either immediate or indirect fees, as acceptable.
usually means Expense sharing precisely pledged voluntarily from the proposal's funds around the Element of the recipient or subrecipient, which gets a binding prerequisite from the Federal award. See § 200.306.
The recipient and subrecipient are chargeable for the oversight of your Federal award. The recipient and subrecipient must keep track of their activities less than Federal awards to guarantee They can be compliant with all prerequisites and meeting performance anticipations.