What Does 200 cash Mean?

(ii) The best readily available interest-bearing account would not moderately be expected to earn desire in excessive of $500 per annum on Federal cash balances;

implies an auditor that's a community accountant or possibly a Federal, Point out, neighborhood federal government, or Indian Tribe audit organization that fulfills the final expectations specified for external auditors in frequently acknowledged federal government auditing standards (GAGAS). The phrase auditor doesn't involve interior auditors of nonprofit companies.

(iv) The recipient or subrecipient may perhaps use competitive proposal methods for skills-primarily based procurement of architectural/engineering (A/E) Skilled services whereby the offeror's qualifications are evaluated, and essentially the most qualified offeror is selected, issue to negotiation of fair and sensible payment.

usually means a grouping of intently relevant courses that share widespread compliance demands. The types of clusters of courses are study and enhancement (R&D), pupil economical support (SFA), together with other clusters. “Other clusters” are described by OMB from the compliance supplement or designated by a State for Federal awards the Point out offers to its subrecipients that satisfy the definition of a cluster of plans.

usually means a Federal award for which the beginning date is contiguous with, or closely follows, the tip from the expiring Federal award. The beginning date of the renewal award starts a different and distinctive duration of effectiveness.

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(iii) The depository would have to have a mean or minimum equilibrium so large that it would not be feasible with the predicted Federal and non-Federal cash methods;

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(2) Has its effectiveness measured in relation to if the aims of the Federal application have been achieved;

(3) Dividing procurement transactions into individual procurements to permit highest participation by these company types;

the Federal agency just isn't required to reimburse such prices If your recipient doesn't acquire the Federal award or Should the Federal award is less than predicted and inadequate to go over this kind of costs).

(2) A personal nongovernmental Group situated in a country other than America that solicits and gets cash contributions from the general public;

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(three) Each Federal agency that considers creating a Federal award into the applicant all through that 5-calendar year period will contemplate that data in determining the applicant's qualification to get a Federal award when the overall Federal share of the Federal award is anticipated to exceed the simplified acquisition threshold around the duration of general performance;