indicates the dollar volume beneath which a non-Federal entity could buy residence or providers working with tiny invest in approaches. Non-Federal entities adopt smaller purchase processes in order to expedite the purchase of things costing fewer than the simplified acquisition threshold.
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means the Federal company designated to execute the obligations explained in § seventy five.513(a). The cognizant company for audit will not be automatically the same as the cognizant company for oblique fees. A summary of cognizant organizations for audit may be observed within the FAC Internet site.
means tangible or intangible belongings Utilized in functions possessing a useful life of more than one year which happen to be capitalized in accordance with GAAP. Capital assets consist of:
(two) A private nongovernmental Business situated in a rustic aside from The usa that solicits and receives cash contributions from most of the people;
The HHS awarding company need to Display screen the next info posted on the OMB-designated governing administration-wide Web site for finding and applying for Federal financial aid, within a locale previous the entire text on the announcement:
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(ii) A fabric adjust in any State regulation, Corporation, plan, or Point out company operation. The Condition will attain approval to the amendment and its helpful day but need submit for acceptance only the amended parts from the system.
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usually means the quantity of cash approved underneath a Federal award the non-Federal entity hasn't obligated. The amount is computed by subtracting the cumulative degree of the non-Federal entity's unliquidated obligations and expenditures of resources under the Federal award from the cumulative degree of the resources that the Federal awarding agency or pass-via entity authorized the non-Federal entity to obligate.