Common use of Audit Requirement Clause in Contracts

Audit Requirement. If the City expend(s) seven hundred fifty thousand dollars ($750,000) or more in a year in federal financial assistance it is required to have an independent annual audit conducted in accordance with 2 CFR Part 200. A copy of the audit report shall be submitted to MoDOT within the earlier of thirty

Appears in 7 contracts

Samples: Traffic Engineering Assistance Program Agreement, STP Urban Program Agreement, STP Urban Program Agreement

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Audit Requirement. If the City expend(s) expends seven hundred fifty thousand dollars ($750,000) or more in a year in federal financial assistance it is required to have an independent annual audit conducted in accordance with 2 CFR Part 200. A copy of the audit report shall be submitted to MoDOT within the earlier of thirty

Appears in 1 contract

Samples: Federal Aid Program Agreement

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