Requirement to Have a Single Audit. If this subrecipient expends $500,000 or more in federal assistance during its fiscal year, it is required to have a single audit conducted in accordance with the Single Audit Act, except when it elects to have a program-specific audit.
Appears in 5 contracts
Samples: Grant Agreement, Grant Agreement, Grant Agreement
Requirement to Have a Single Audit. If this subrecipient Subrecipient expends $500,000 or more in federal assistance during its fiscal year, it is required to have a single audit conducted in accordance with the Single Audit Act, except when it elects to have a program-specific audit.
Appears in 1 contract
Samples: Modified Grant Agreement
Requirement to Have a Single Audit. If this subrecipient Consultant expends $500,000 or more in federal assistance during its fiscal year, it is required to have a single audit conducted in accordance with the Single Audit Act, except when it elects to have a program-program specific audit.
Appears in 1 contract
Samples: Customary Agreement Provisions
