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A subaward is for the objective of carrying out a percentage of the Federal award and generates a Federal economic assistance relationship by using a subrecipient. See the definition of SubawardThe following is a listing of definitions of crucial terms usually Employed in two CFR element 200. Definitions found in Federal statutes or laws that utili
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(1) The receiver or subrecipient could make use of a time-and-elements type deal only following a dedication that no other contract is ideal and If your agreement includes a ceiling value which the contractor exceeds at its individual possibility.(7) Penned techniques for pinpointing the allowability of expenditures in accordance with subpart E and