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M

Maintenance

Keeping structures or equipment in a condition to serve the intended purpose. It includes cyclical or occasional actions to keep a facility fully functional during its useful life. It does not include operational actions (see B(13)) such as janitorial work. Examples of maintenance actions are: (1) Routine upkeep for bullet traps; (2) Replacing components of a facility, such as a roof, benches, or backstop that are expected to need replacing over the course of the useful life of the facility; and (3) Painting, adding gravel to a parking lot, adding road mix/sand to existing firing range surfaces, and replacing rotting boards

Entry link: Maintenance

Major Program

A Federal program determined by the auditor to be a major program in accordance with § 200.518 or a program identified as a major program by a Federal awarding agency or pass-through entity in accordance with § 200.503(e).

Entry link: Major Program

Management Decision

The Federal awarding agency's or pass-through entity's written determination, provided to the auditee, of the adequacy of the auditee's proposed corrective actions to address the findings, based on its evaluation of the audit findings and proposed corrective actions.

Entry link: Management Decision

Mandatory Program

A program with an authorizing statute requiring the government to make an award to each eligible entity under the conditions and in the amount (or based on the formula) specified in the statute. Under mandatory programs, no competition for funds among eligible entities is required.

Entry link: Mandatory Program

Marine Federal Waters

The area between the state waters boundary and the international waters boundary.

Entry link: Marine Federal Waters

Match

The value of any non-Federal in-kind contributions and the portion of the costs of a grant-funded project or projects not borne by the Federal government.

Entry link: Match

Memorandum of Understanding (MOU)

A written agreement between two or more parties in a formal document.


Entry link: Memorandum of Understanding (MOU)

Metes and Bounds

Survey system using landmarks and distances to define property boundaries. Starts at well marked point and follows boundaries of land and returns to the point of beginning.


Entry link: Metes and Bounds

Micro-Purchase

A purchase of supplies or services, the aggregate amount of which does not exceed the micro-purchase threshold. Micro-purchases comprise a subset of a non-Federal entity's small purchases as defined in § 200.320

Entry link: Micro-Purchase

Micro-Purchase Threshold

The dollar amount at or below which a non-Federal entity may purchase property or services using micro-purchase procedures (see § 200.320). Generally, the micro-purchase threshold for procurement activities administered under Federal awards is not to exceed the amount set by the FAR at 48 CFR part 2, subpart 2.1, unless a higher threshold is requested by the non-Federal entity and approved by the cognizant agency for indirect costs.

Entry link: Micro-Purchase Threshold


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