Common use of Audit Required Clause in Contracts

Audit Required. Non-Federal entities that expend $750,000 or more in a year in Federal awards shall have a single or program-specific audit conducted for that year in accordance with the provisions of 2 CFR, Subpart F, §200.500. Guidance on determining Federal awards expended is provided in 2 CFR, Subpart F, §200.502.

Appears in 7 contracts

Samples: go.boarddocs.com, legistarweb-production.s3.amazonaws.com, go.boarddocs.com

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Audit Required. Non-Federal entities that expend $750,000 500,000 or more in a year in Federal awards shall have a single or program-specific audit conducted for that year in accordance with the provisions of 2 CFROMB Circular A-133, Subpart FB, §200.500§ .200. Guidance on determining Federal awards expended is provided in 2 CFROMB Circular A- 133, Subpart FB, §200.502§ .205.

Appears in 2 contracts

Samples: www.iadlest.org, www.durhamnc.gov

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