NON-FEDERAL AUDITS. In accordance with 22 C.F.R. Part 226.26 Recipients and subrecipients are subject to the audit requirements contained in the Single Audit Act Amendments of 1996 (31 U.S.C. 7501–7507) and revised OMB Circular A–133, “Audits of States, Local Governments, and Non-Profit Organizations.” Recipients and subrecipients must use an independent, non-Federal auditor or audit organization which meets the general standards specified in generally accepted government auditing standards (GAGAS) to fulfill these requirements.
NON-FEDERAL AUDITS. For-profit recipients of this award are required to submit audit reports to the Agreement Xxxxxxxxxxxxx.
NON-FEDERAL AUDITS. (1) Govern- ments. Each recipient and govern- mental subrecipient is responsible for complying with the Single Audit Act of 1984 (31 U.S.C. 7501–7) and 29 CFR part 96, the Department of Labor regula- tions which implement Office of Man- agement and Budget (OMB) Circular A– 128, ‘‘Audits of State and Local Govern- ments’’.
NON-FEDERAL AUDITS. (a) Recipients and subrecipients that are institutions of higher education or other non-profit organization (including hospitals) shall be subject to the audit requirements contained in the Single Audit Act Amendments of 1996 (31 U.S.C. 7501–7507) and revised OMB Circular A–133, “Audits of States, Local Governments, and Non-Profit Organizations.”
(1) Non-profit organizations subject to regulations in the part 200 and part 800 series of this title which receive awards subject to part 84 shall comply with the audit requirements of revised OMB Circular A–133, “Audits of States, Local Governments, and Non-Profit Organizations.” For HUD programs, a non-profit organization is the mortgagor or owner (as these terms are defined in the regulations in the part 200 and part 800 series) and not a related or affiliated organization or entity.
(2) [Reserved]
(b) State and local governments shall be subject to the audit requirements contained in the Single Audit Act Amendments of 1996 (31 U.S.C. 7501–7507) and revised OMB Circular A–133, “Audits of States, Local Governments, and Non-Profit Organizations.”
(c) For-profit hospitals not covered by the audit provisions of revised OMB Circular A–133 shall be subject to the audit requirements of the Federal awarding agencies.
(d) Commercial organizations shall be subject to the audit requirements of HUD or the prime recipient as incorporated into the award document. [59 FR 47011, Sept. 13, 1994, as amended at 62 FR 61617, Nov. 18, 1997]
NON-FEDERAL AUDITS. You must include a provision in each cost-type subaward that you make under this award to require the subrecipient entity to comply with the audit requirements applicable to that entity, as specified in either Section A or Section B of FMS Article V.
NON-FEDERAL AUDITS. In accordance with 2 CFR Part 200.501 Recipients and subrecipients are subject to the audit requirements contained in the Single Audit Act Amendments of 1996 (31 U.S.C. 7501–7507). Recipients and subrecipients must use an independent, non-Federal auditor or audit organization which meets the general standards specified in generally accepted government auditing standards (GAGAS) to fulfill these requirements.
NON-FEDERAL AUDITS. 4.3.1. CAP shall comply with the audit requirements specified in 2 C.F.R. part 200 Subpart F. CAP shall ensure that audits sufficient to meet the requirements of 2 C.F.R. § 200.501(a) are conducted. CAP shall maintain adequate records to account for all funding under this Agreement IAW 2 C.F.R. §§ 200.333-337. CAP's financial records, supporting documents, statistical records and all other records pertinent to this award must be retained for a period of three (3) years from the date of submission of the final expenditure report. Auditors shall retain audit documentation and reports and be subject to examination or audit by the Government for a period of three (3) years after expiration of the period of performance of this Agreement (2 C.F.R. § 200.517(a)).
4.3.2. The Government shall have access to sufficient records and information from CAP, to ensure full accountability for all funding under this Agreement. A copy of each audit shall be provided to the Program Manager and the Grants Officer.
NON-FEDERAL AUDITS. (OCTOBER 2015)
NON-FEDERAL AUDITS. You must include the requirement for non-Federal audits described in Section F of SUB Article IV. The audits are intended to focus on compliance with the performance requirements in the subaward terms and conditions and not to review actual costs as they would for a cost-type subaward.
NON-FEDERAL AUDITS. (Mar 2015)
Section A. Requirements for entities subject to the Single Audit Act. You and each subrecipient under this award that is an institution of higher education, nonprofit organization, State, local government, or Indian tribe must comply with the audit requirements specified in Subpart F of 2 CFR Part 200, which is the OMB implementation of the Single Audit Act, as amended (31 U.S.C. chapter 75).
Section B. Requirements for for-profit entities. Any for-profit entity that receives a subaward from you under this award is subject to the audit requirements specified in 32 CFR 34.16, with the following differences:
1. Rather than having the subrecipient provide the audit reports to a DoD Component, as specified in 32 CFR 34.16(c), your subaward terms and conditions will require the subrecipient to provide the reports to you. If the for-profit entity is unwilling to agree to provide the auditor’s report to you, contact the grants officer for this award to discuss an alternative approach for carrying out audit oversight of the subaward.
2. You--rather than the Defense Contract Management Agency as provided in 32 CFR 34.16(d)(2)(ii)--will be responsible for resolution of audit findings that pertain to your subaward.
