Common use of FEDERAL FINANCIAL ASSISTANCE Clause in Contracts

FEDERAL FINANCIAL ASSISTANCE. The Fund payments which are the subject of this Agreement are considered federal financial assistance subject to the Single Audit Act, 31 U.S.C. §§ 7501-7507, and the related provisions of the Uniform Guidance, 2 C.F.R. §203 regarding internal controls; §§200.330 through 200.332 regarding subrecipient monitoring and management, and subpart F regarding audit requirements, the requirements of which are incorporated herein by reference as though fully set forth herein.

FEDERAL FINANCIAL ASSISTANCE. The Fund payments which are the subject of this Agreement are considered federal financial assistance subject to the Single Audit Act, 31 U.S.C. §§ 7501-7507, and the related provisions of the Uniform Guidance, 2 C.F.R. §203 regarding internal controls; §§200.330 through 200.332 regarding subrecipient monitoring and managementandmanagement, and subpart F regarding audit requirements, the requirements of which are incorporated herein by reference as though fully set forth herein.