What is 2 CFR part 180?
What is 2 CFR part 180?
This part provides Office of Management and Budget (OMB) guidance for Federal agencies on the governmentwide debarment and suspension system for nonprocurement programs and activities.
Does 2 CFR 200 apply to for profit entities?
(c) Subpart D of 2 CFR part 910 contains specific changes to 2 CFR part 200 that apply only to For-Profit Recipients and, unless otherwise specified, subrecipients.
What is non procurement?
(a) Nonprocurement transaction means any transaction, regardless of type (except procurement contracts), including, but not limited to the following: (1) Grants. (2) Cooperative agreements. (3) Scholarships. (4) Fellowships.
What is nonprocurement debarment?
Executive order 12549 provides for a government-wide system of nonprocurement (grants and cooperative agreements) debarment and suspension. A person who is debarred or suspended is excluded from activities involving Federal financial and nonfinancial assistance and benefits.
Who is a lower tier participant?
“Lower Tier Participant” refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).
Does uniform guidance apply to profit entities?
The Uniform Guidance generally applies to all non-federal entities receiving funds from federal agencies (see 2 CFR 200.101 for certain exceptions).
Does uniform guidance apply to federal contracts?
The Uniform Guidance consolidates, streamlines and supersedes eight existing OMB Circulars, including Circulars A-21, A-110 and A-133. The new guidance, which affects all federal grants and contracts, took effect on December 26, 2014.
What is a procurement contract?
Procurement contracts—often called purchase contracts—are contracts that establish a legally binding relationship between buyers and sellers that protects both entities throughout the procurement process.
What is the difference between debarment and suspension?
Suspensions are actions taken by a suspending official to temporarily disqualify a contractor from government contracting. Debarment is an action taken by a debarring official to exclude a contractor from government contracting for a specified period of time.
Who has the authority to debar a company?
(c) A contractor’s debarment, or proposed debarment, shall be effective throughout the executive branch of the Government, unless the agency head or a designee (except see 23.506(e)) states in writing the compelling reasons justifying continued business dealings between that agency and the contractor.
What is a prospective lower tier participant?
Related Definitions “Lower Tier Participant” refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers). Sample 1. Sample 2.