Common use of Cost Principles and Audit Clause in Contracts

Cost Principles and Audit. DoDGARS Part 32, Uniform Administrative Requirements for Grants and Cooperative Agreements with Institutions of Higher Education, Hospitals, and Other Non-Profit Organizations and the OMB Circulars below apply specifically to the Cooperator. The Cooperative Agreement shall be consistent with these authorities: (1) A-21, “Cost Principles for Educational Institutions” (2) A-133 “Audits of States, Local Governments, and Non-Profit Organizations” Cooperator shall submit a copy of OMB Circular A-133 audit reports to the agency Inspector General (IG) and to DoD (IG).

Appears in 5 contracts

Samples: Cooperative Agreement, Cooperative Agreement, Cooperative Agreement

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