Common use of Administrative Requirements Clause in Contracts

Administrative Requirements. A. Financial Management 1. Accounting Standards: SUBRECIPIENT agrees to comply with 24 CFR 84.21−28 and agrees to adhere to the accounting principles and procedures required therein, utilize adequate internal controls, and maintain necessary source documentation for all costs incurred.

Administrative Requirements. A. Financial Management 1. ) Accounting Standards: SUBRECIPIENT Standards The Sub recipient agrees to comply with 24 2 CFR 84.21−28 200.300 and agrees to adhere to the accounting principles and procedures required therein, utilize adequate internal controls, and maintain necessary source documentation for all costs incurred.