Common use of Audit Requirements Clause in Contracts

Audit Requirements. a. Non-Federal entities that expend $750,000 or more during a year in Federal awards shall have a single or program-specific audit conducted for that year in accordance with the Single Audit Act Amendments of 1996 (31 U.S.C. 7501-7507) and2 CFR Part 200, Subpart F , which is available at xxxx://xxx.xxxx.xxx/cgi-bin/text- idx?SID=fd6463a517ceea3fa13e665e525051f4&node=sp2.1.200.f&rgn b. Non-Federal entities that expend less than $750,000 for a fiscal year in Federal awards are exempt from Federal audit requirements for that year, but records must be available for review or audit by appropriate officials of the Federal agency, pass-through entity, and General Accounting Office (GAO). c. Audits shall be made by an independent auditor in accordance with generally accepted government auditing standards covering financial audits. Additional audit requirements applicable to this agreement are found at 2 CFR Part 200, Subpart F, as applicable. Additional information on single audits is available from the Federal Audit Clearinghouse at xxxx://xxxxxxxxx.xxxxxx.xxx/sac/.

Audit Requirements. a. Non-Federal entities that expend $750,000 or more during a year in Federal awards shall have a single or program-specific audit conducted for that year in accordance with the Single Audit Act Amendments of 1996 (31 U.S.C. 7501-7507) and2 CFR Part 200, Subpart F , which is available at xxxx://xxx.xxxx.xxx/cgi-bin/text- idx?SID=fd6463a517ceea3fa13e665e525051f4&node=sp2.1.200.f&rgn=d iv6 b. Non-Federal entities that expend less than $750,000 for a fiscal year in Federal awards are exempt from Federal audit requirements for that year, but records must be available for review or audit by appropriate officials of the Federal agency, pass-through entity, and General Accounting Office (GAO). c. Audits shall be made by an independent auditor in accordance with generally accepted government auditing standards covering financial audits. Additional audit requirements applicable to this agreement are found at 2 CFR Part 200, Subpart F, as applicable. Additional information on single audits is available from the Federal Audit Clearinghouse at xxxx://xxxxxxxxx.xxxxxx.xxx/sac/.

Audit Requirements. a. Non-Federal entities that expend $750,000 or more during a year in Federal awards shall have a single or program-specific audit conducted for that year in accordance with the Single Audit Act Amendments of 1996 (31 U.S.C. 7501-7507) and2 CFR Part 200, Subpart F , which is available at xxxx://xxx.xxxx.xxx/cgi-bin/text- idx?SID=fd6463a517ceea3fa13e665e525051f4&node=sp2.1.200.f&rgnsp2.1.200.f &rgn=div6 b. Non-Federal entities that expend less than $750,000 for a fiscal year in Federal awards are exempt from Federal audit requirements for that year, but records must be available for review or audit by appropriate officials of the Federal agency, pass-through entity, and General Accounting Office (GAO). c. Audits shall be made by an independent auditor in accordance with generally accepted government auditing standards covering financial audits. Additional audit requirements applicable to this agreement are found at 2 CFR Part 200, Subpart F, as applicable. Additional information on single audits is available from the Federal Audit Clearinghouse at xxxx://xxxxxxxxx.xxxxxx.xxx/sac/.xxxx://xxxxxxxxx.xxxxxx.xxx/sac/ .

Audit Requirements. a. Non-Federal entities that expend $750,000 or more during a year in Federal awards shall have a single or program-specific audit conducted for that year in accordance with the Single Audit Act Amendments of 1996 (31 U.S.C. 7501-7507) and2 and 2 CFR Part 200, Subpart F , which is available at xxxx://xxx.xxxx.xxx/cgi-bin/text- idx?SID=fd6463a517ceea3fa13e665e525051f4&node=sp2.1.200.f&rgn=div6 b. Non-Federal entities that expend less than $750,000 for a fiscal year in Federal awards are exempt from Federal audit requirements for that year, but records must be available for review or audit by appropriate officials of the Federal agency, pass-through entity, and General Accounting Office (GAO). c. Audits shall be made by an independent auditor in accordance with generally accepted government auditing standards covering financial audits. Additional General guidance on the single audit requirements applicable to this agreement are found process is included in a pamphlet titled, Highlights of the Single Audit Process" which is available on the internet at 2 CFR Part 200, Subpart F, as applicable. xxxx://xxx.xxx.xxx.xxx/public/reports/oa/documents/singleauditpamphlet.pdf.. Additional information on single audits is available from the Federal Audit Clearinghouse at xxxx://xxxxxxxxx.xxxxxx.xxx/sac/.xxxx://xxxxxxxxx.xxxxxx.xxx/sac/ .

Audit Requirements. a. Non-Federal entities that expend $750,000 or more during a year in Federal awards shall have a single or program-specific audit conducted for that year in accordance with the Single Audit Act Amendments of 1996 (31 U.S.C. 7501-7507) and2 CFR Part 200, Subpart F , which is available at xxxx://xxx.xxxx.xxx/cgi-bin/text- idx?SID=fd6463a517ceea3fa13e665e525051f4&node=sp2.1.200.f&rgn=d iv6 b. Non-Federal entities that expend less than $750,000 for a fiscal year in Federal awards are exempt from Federal audit requirements for that year, but records must be available for review or audit by appropriate officials of the Federal agency, pass-through entity, and General Accounting Office (GAO). c. Audits shall be made by an independent auditor in accordance with generally accepted government auditing standards covering financial auditsaudits or by the Auditor or Public Accounts for the Commonwealth of Virginia. Additional audit requirements applicable to this agreement are found at 2 CFR Part 200, Subpart F, as applicable. Additional information on single audits is available from the Federal Audit Clearinghouse at xxxx://xxxxxxxxx.xxxxxx.xxx/sac/.

Audit Requirements. a. a) Non-–Federal entities that expend $750,000 or more during a year in Federal awards shall have a single or program-–specific audit conducted for that year in accordance with the Single Audit Act Amendments of 1996 (31 U.S.C. 7501-75077501–7507) and2 CFR Part 200, Subpart F , which is available at xxxx://xxx.xxxx.xxx/cgi-bin/text- xxxx://xxx.xxxx.xxx/cgi–bin/text– idx?SID=fd6463a517ceea3fa13e665e525051f4&node=sp2.1.200.f&rgn=div6 b. b) Non-–Federal entities that expend less than $750,000 for a fiscal year in Federal awards are exempt from Federal audit requirements for that year, but records must be available for review or audit by appropriate officials of the Federal agency, pass-–through entity, and General Accounting Office (GAO). c. c) Audits shall be made by an independent auditor in accordance with generally accepted government auditing standards covering financial audits. Additional audit requirements applicable to this agreement are found at 2 CFR Part 200, Subpart F, as applicable. Additional information on single audits is available from the Federal Audit Clearinghouse at xxxx://xxxxxxxxx.xxxxxx.xxx/sac/.xxxx://xxxxxxxxx.xxxxxx.xxx/sac/ .