Common use of STANDARDS FOR FINANCIAL ADMINISTRATION Clause in Contracts

STANDARDS FOR FINANCIAL ADMINISTRATION. The Subrecipient’s standards for financial administration must conform with the requirements of 2 CFR §200.302, Financial Management. The Subrecipient must account for grant funds in accordance with Federal and State laws, and procedures for expending and accounting for funds.

Appears in 4 contracts

Samples: Public Transportation Master Grant Agreement, Master Grant Agreement, Public Transportation Master Grant Agreement

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STANDARDS FOR FINANCIAL ADMINISTRATION. The Subrecipient’s standards for financial administration must conform with the requirements of 2 49 CFR §200.302, Financial Management18.20. The Subrecipient must account for grant funds in accordance with Federal and State laws, and procedures for expending and accounting for funds.. Fiscal control and accounting procedures of the Subrecipient, as well as its Subcontractors, must be sufficient to:

Appears in 2 contracts

Samples: Public Transportation Master Grant Agreement, Public Transportation Master Grant Agreement

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