Common use of A-133 Audit Clause in Contracts

A-133 Audit. To the extent applicable, pursuant to Office of Management and Budget (OMB) Circular A-133 § .200 “Audit Requirements”, non-federal entities that expend $500,000 or more in a year in Federal awards from all sources combined shall have a single or program-specific audit conducted for that year in accordance with the provisions of OMB Circular A-133. All OMB Circular A-133 audit reports shall meet the reporting requirements established in OMB § .320 “Report Submission” and a copy shall be forwarded to the California Health Benefit Exchange.

Appears in 4 contracts

Samples: General Agency Agreement, Standard Agreement, Executive Recruitment Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!