Single Audit Report. If federal funds are used:
A. The parties shall comply with the single audit report requirements stipulated in 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.
B. If threshold expenditures of $750,000 or more are met during the fiscal year, the Local Government must submit a Single Audit Report and Management Letter (if applicable) to TxDOT's Compliance Division, 000 Xxxx 00xx Xxxxxx, Xxxxxx, XX 00000 or contact TxDOT’s Compliance Division by email at xxxxxxxxxxxx@xxxxx.xxx.
C. If expenditures are less than the threshold during the Local Government's fiscal year, the Local Government must submit a statement to TxDOT's Compliance Division as follows: "We did not meet the $ expenditure threshold and therefore, are not required to have a single audit performed for FY ."
D. For each year the Project remains open for federal funding expenditures, the Local Government will be responsible for filing a report or statement as described above. The required annual filing shall extend throughout the life of the Agreement, unless otherwise amended or the Project has been formally closed out and no charges have been incurred within the current fiscal year.
Single Audit Report. A. The parties shall comply with the requirements of the Single Audit Act of 1984, P.L. 98- 502, ensuring that the single audit report includes the coverage stipulated in OMB Circular A-133.
B. If threshold expenditures of $750,000 or more are met during the Local Government’s fiscal year, the Local Government must submit a Single Audit Report and Management Letter (if applicable) to TxDOT's Audit Office, 000 X. 00xx Xxxxxx, Xxxxxx, XX 00000 or contact TxDOT’s Audit Office at xxxx://xxxxx.xxx/inside-txdot/office/audit/contact.html
C. If expenditures are less than $750,000 during the Local Government’s fiscal year, the Local Government must submit a statement to TxDOT's Audit Office as follows: "We did not meet the $750,000 expenditure threshold and therefore, are not required to have a single audit performed for FY ."
D. For each year the project remains open for federal funding expenditures, the Local Government will be responsible for filing a report or statement as described above. The required annual filing shall extend throughout the life of the agreement, unless otherwise amended or the project has been formally closed out and no charges have been incurred within the current fiscal year.
Single Audit Report. A. The parties shall comply with the requirements of the Single Audit Act of 1984,
B. If threshold expenditures of $750,000 or more are met during the fiscal year, the Local Government must submit a Single Audit Report and Management Letter (if applicable) to TxDOT's Compliance Division, 000 Xxxx 00xx Xxxxxx, Xxxxxx, XX 00000 or contact TxDOT’s Compliance Division at xxxxxxxxxxxx@xxxxx.xxx.
C. If expenditures are less than the threshold during the Local Government’s fiscal year, the Local Government must submit a statement to TxDOT’s Compliance Division as follows: “We did not meet the $ expenditure threshold and therefore, are not required to have a single audit performed for FY .”
D. For each year the project remains open for federal funding expenditures, the Local Government will be responsible for filing a report or statement as described above. The required annual filing shall extend throughout the life of the agreement, unless otherwise amended or the project has been formally closed out and no charges have been incurred within the current fiscal year.
Single Audit Report. A. The parties shall comply with the requirements of the Single Audit Act of 1984,
B. If threshold expenditures of $750,000 or more are met during the fiscal year, the Local Government must submit a Single Audit Report and Management Letter (if applicable) to TxDOT's Compliance Division, 000 Xxxx 00xx Xxxxxx, Xxxxxx, XX 00000 or contact TxDOT’s Compliance Division at xxxxxxxxxxxx@xxxxx.xxx.
C. If expenditures are less than the threshold during the Local Government’s fiscal year, the Local Government must submit a statement to TxDOT’s Compliance
D. For each year the project remains open for federal funding expenditures, the Local Government will be responsible for filing a report or statement as described above. The required annual filing shall extend throughout the life of the agreement, unless otherwise amended or the project has been formally closed out and no charges have been incurred within the current fiscal year.
Single Audit Report. A. The parties shall comply with the requirements of the Single Audit Act of 1984, P.L. 98-502, ensuring that the single audit report includes the coverage stipulated in 2 CFR Part 200.
B. If threshold expenditures of $750,000 or more are met during the Subgrantee's fiscal year, the Subgrantee must submit a Single Audit Report and Management Letter (if applicable) to TxDOT's Audit Office, 000 Xxxx 00xx Xxxxxx, Xxxxxx, XX 00000 or contact TxDOT’s Audit Office at xxxxxxxxxxxx@xxxxx.xxx
C. If expenditures are less than $750,000 during the Subgrantee's fiscal year, the Subgrantee must submit a statement to TxDOT's Audit Office as follows: "We did not meet the $750,000 expenditure threshold and therefore, are not required to have a single audit performed for FY ."
D. For each year the project remains open for federal funding expenditures, the Subgrantee will be responsible for filing a report or statement as described above. The required annual filing shall extend throughout the life of the agreement, unless otherwise amended or the project has been formally closed out and no charges have been incurred within the current fiscal year.
Single Audit Report. A. The parties shall comply with the requirements of the Single Audit Act of 1984, P.L. 98- 502, ensuring that the single audit report includes the coverage stipulated in 2 CFR 200.
B. If threshold expenditures are met during the Local Government's fiscal year, the Local Government must submit a Single Audit Report and Management Letter (if applicable) to TxDOT's Audit Office, 000 X. 00xx Xxxxxx, Xxxxxx, XX 00000 or contact TxDOT’s Audit Office at xxxx://xxx.xxxxx.xxx/inside-txdot/office/audit/contact.html. The expenditure threshold for fiscal years beginning prior to December 31, 2014 is $500,000; the expenditure threshold for fiscal years beginning on or after December 31, 2014 is $750,000.
C. If expenditures are less than the threshold during the Local Government's fiscal year, the Local Government must submit a statement to TxDOT's Audit Office as follows: "We did not meet the $ expenditure threshold and therefore, are not required to have a single audit performed for FY ."
D. For each year the project remains open for federal funding expenditures, the Local Government will be responsible for filing a report or statement as described above. The required annual filing shall extend throughout the life of the agreement, unless otherwise amended or the project has been formally closed out and no charges have been incurred within the current fiscal year.
Single Audit Report a. CITY shall comply with the requirements of the Single Audit Act of 1984, P.L. 98-502, ensuring that the single audit report includes the coverage stipulated in 2 CFR 200.
b. If threshold expenditures of $750,000 or more are met during the fiscal year, CITY must submit a Single Audit Report and Management Letter (if applicable) to NCTCOG.
c. If expenditures of less than the threshold during CITY’s fiscal year, CITY must submit a statement to NCTCOG as follows: "We did not meet the $ expenditure threshold and therefore, are not required to have a single audit performed for FY
d. For each year the project remains open for federal funding expenditures, CITY will be responsible for filing a report or statement as described above. The required annual filing shall extend throughout the life of the agreement, unless otherwise amended or the project has been formally closed out and no charges have been incurred within the current fiscal year.
Single Audit Report. 20.1. The parties shall comply with the requirements of the Single Audit Act of 1984, P.L. 98‐502, ensuring that the single audit report includes the coverage stipulated in 2 CFR Part 200.
20.2. If threshold expenditures of $750,000 or more are met during the fiscal year, the Local Government must submit a Single Audit Report and Management Letter (if applicable) to TxDOT's Compliance Division, 000 Xxxx 00xx Xxxxxx, Xxxxxx, XX 00000 or contact TxDOT’s Compliance Division at xxxxxxxxxxxx@xxxxx.xxx. If expenditures are less than the threshold during Local Government's fiscal year, Local Government must submit a statement to TxDOT's Compliance Division as follows: We did not meet the $ expenditure threshold and therefore, are not required to have a single audit performed for FY .
20.3. For each year Project remains open for federal funding expenditures, Local Government will be responsible for filing a report or statement as described above. The required annual filing shall extend throughout the life of the agreement, unless otherwise amended or Project has been formally closed out and no charges have been incurred within the current fiscal year.
Single Audit Report. If Contractor expends $750,000 or more in Federal awards, including TxCDBG funds or other Federal financial assistance received indirectly from pass-through entities, during a fiscal year, Contractor shall be responsible for obtaining an audit in accordance with the Single Audit Act Amendments of 1996 (31 U.S.C. 7501–7507) and other applicable federal regulations. The audit shall be made by an independent auditor in accordance with generally accepted government auditing standards covering financial audits.
1. Contractor shall submit required audit documentation (single audit package), as specified in the TxCDBG Project Implementation Manual, to the Department within 30 days after completion of the audit, but no later than nine (9) months after the end of the audit period (i.e., after Contractor’s fiscal year end).
2. Contractor shall ensure that the audit report is made available for public inspection within 30 days after completion of the audit.
3. Failure by Contractor to submit a completed single audit package as described in the audit requirements by the required due date will adversely affect funding for all existing contracts, eligibility to apply for assistance under the TxCDBG Program, and the issuance of new contracts for funding awards.
Single Audit Report. A. The parties shall comply with the requirements of the Single Audit Act of 1984, P.L. 98- 502, ensuring that the single audit report includes the coverage stipulated in OMB Circular A-133.
B. If threshold expenditures of $500,000 or more are met during the Local Governments' fiscal year, the Local Governments must submit a Single Audit Report and Management Letter (if applicable) to TxDOT's Audit Office, 000 Xxxx 00xx Xxxxxx, Xxxxxx, XX 00000 or contact TxDOT’s Audit Office at xxxx://xxx.xxxxx.xxx/contact_us/audit.htm.
C. If expenditures are less than $500,000 during the Local Governments' fiscal year, the Local Governments must submit a statement to TxDOT's Audit Office as follows: "We
D. For each year the project remains open for federal funding expenditures, the Local Governments will be responsible for filing a report or statement as described above. The required annual filing shall extend throughout the life of the agreement, unless otherwise amended or the project has been formally closed out and no charges have been incurred within the current fiscal year.
