Common use of Single Audit Clause in Contracts

Single Audit. Grantees that are a state, local government, or non-profit organization that expend $750,000 or more in federal awards during the Grantee’s fiscal year, must submit a Single Audit to the Department, regardless of the amount of funding received from the Department. The Single Audit must comply with the requirements of Title 2 Code of Federal Regulations, Subpart F. The Single Audit reporting package must include all components described in Title 2 Code of Federal Regulations, Section 200.512 (c).

Appears in 9 contracts

Samples: Grant Agreement, Grant Agreement, Grant Agreement

AutoNDA by SimpleDocs

Single Audit. Grantees that are a state, local government, government or non-profit organization that expend $750,000 or more in federal awards during the Grantee’s fiscal year, year must submit a Single Audit to the Department, regardless of the amount of funding received from the Department. The Single Audit must comply with the requirements of Title 2 Code of Federal Regulations, CFR 200 Subpart F. The Single Audit reporting package must include all components described in Title 2 Code of Federal Regulations, Section CFR 200.512 (c).

Appears in 2 contracts

Samples: Grant Agreement, Grant Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!