Delinquent Single Audit or Financial Related Audit. If the Grantee does not submit the required Single Audit or Financial Related Audit, including any management letter and applicable corrective action plan(s) within nine months after the end of the Grantee’s fiscal year, the Department may withhold any payment from the Department to the Grantee an amount equal to five percent of the audit year’s grant funding (not to exceed $200,000) until the required filing is received by the Department. The Department may retain the amount withheld if the Grantee is more than 120 days delinquent in meeting the filing requirements. The Department may terminate the current grant if the Grantee is more than 180 days delinquent in meeting the filing requirements.
Delinquent Single Audit or Financial Related Audit. If the Grantee does not submit the required Single Audit reporting package, management letter (if one is issued) with a response, and Corrective Action Plan within nine months after the end of the Grantee’s fiscal year and an extension has not been approved by the cognizant or oversight agency for audit, the Department may withhold from the current funding an amount equal to five percent of the audit year’s grant funding (not to exceed $200,000) until the required filing is received by the Department. The Department may retain the amount withheld if the Grantee is more than 120 days delinquent in meeting the filing requirements and an extension has not been approved by the cognizant or oversight agency for audit. The Department may terminate the current grant if the Grantee is more than 180 days delinquent in meeting the filing requirements and an extension has not been approved by the cognizant or oversight agency for audit.
Delinquent Single Audit or Financial Related Audit. If the Grantee does not submit the required Single Audit or Financial Related Audit, including any, management letter and applicable corrective action plan within nine months after the end of the Grantee’s fiscal year AASA and MDHHS may withhold from the current funding an amount equal to five percent of the audit year’s grant funding (not to exceed $200,000) until the required filing is received by AASA and MDHHS. AASA and MDHHS may retain the amount withheld if the Grantee is more than 120 days delinquent in meeting the filing requirements. AASA and MDHHS may terminate the current grant if the Grantee is more than 180 days delinquent in meeting the filing requirements.
