Audit Services. The costs of audits of grants are allowable provided that the audits were performed in accordance with the Single Audit Act, as implemented by Circular A-133, “Audits of State and Local Governments” and the State of Texas Single Audit Circular for state funds. Generally, the percentage of costs charged to federal or state awards for a single audit shall not exceed the percentage derived by dividing federal or state funds expended by total funds expended by the recipient or subrecipient (including program matching funds) during the fiscal year. The percentage may be exceeded only if appropriate documentation demonstrates higher actual costs. Other audit costs are allowable if they are specifically approved by TJJD as a direct cost to an award or are included as an indirect cost allocation plan or rate.
Appears in 2 contracts
Samples: State Aid and Targeted Grants Contract, State Aid and Targeted Grants Contract
Audit Services. The costs of audits of grants are allowable provided that the audits were performed in accordance with the Single Audit Act, as implemented by Circular A-133, “Audits of State and Local Governments,” and the State of Texas Single Audit Circular for state funds. Generally, the percentage of costs charged to federal or state awards for a single audit shall not exceed the percentage derived by dividing federal or state funds expended by total funds expended by the recipient or subrecipient (including program matching funds) during the fiscal year. The percentage may be exceeded only if appropriate documentation demonstrates higher actual costs. Other audit costs are allowable if they are specifically approved by TJJD as a direct cost to an award or are included as an indirect cost allocation plan or rate.
Appears in 2 contracts
Samples: State Aid and Targeted Grants Contract, State Aid and Targeted Grants Contract