Common use of Single Audit Compliance Clause in Contracts

Single Audit Compliance. If the Contractor is a subrecipient and expends $750,000 or more in federal awards from any and/or all sources in any fiscal year, the Contractor shall procure and pay for a single audit or a program-specific audit for that fiscal year. Upon completion of each audit, the Contractor shall:

Appears in 3 contracts

Samples: Client Services Contract, Client Services Contract Restatement, Client Services Contract

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Single Audit Compliance. If the Contractor is a subrecipient sub-recipient and expends $750,000 or more in federal awards from any and/or all sources in any fiscal year, the Contractor shall procure and pay for a single audit or a program-specific audit for that fiscal year. Upon completion of each audit, the Contractor shall:

Appears in 1 contract

Samples: Client Services Contract Community

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