Compliance Audits for For-Profit Recipients. For-profit Recipients are required to comply with the annual compliance audit requirements in 2 C.F.R. 910 Subpart F. An audit conducted in accordance with this part must be in lieu of any financial audit of DOE awards which a for-profit entity is required to undergo under any other Federal statute or regulation.
Appears in 8 contracts
Samples: Funding Agreement, Funding Agreement, Funding Agreement
Compliance Audits for For-Profit Recipients. For-profit Recipients are required to comply with the annual compliance audit requirements in 2 C.F.R. CFR 910 Subpart F. An audit conducted in accordance with this part must be in lieu of any financial audit of DOE awards which a for-profit entity is required to undergo under any other Federal statute or regulation. In accordance with 2 C.F.R. § 910.501(b)(4), the Prime Recipient will ensure compliance with Award requirements by for-profit subrecipients during the period of performance.
Appears in 4 contracts
Samples: Sbir/STTR Award, Sbir/STTR Award, Sbir/STTR Award
