Common use of Subgrantees Clause in Contracts

Subgrantees. State or local govern- ments, as those terms are defined for purposes of the Single Audit Act Amendments of 1996, that provide Fed- eral awards to a subgrantee which ex- pends $300,000 or more (or other amount as specified by OMB) in Fed- eral awards in a fiscal year, shall: (1) Determine whether State or local subgrantees have met the audit re- quirements of the Act and whether sub- grantees covered by OMB Circular A– 110, ‘‘Uniform Administrative Require- ments for Grants and Agreements with Institutions of Higher Education, Hos- pitals, and Other Non-Profit Organiza- tions,’’ have met the audit require- ments of the Act. Commercial contrac- tors (private for-profit and private and governmental organizations) providing goods and services to State and local governments are not required to have a single audit performed. State and local governments should use their own pro- cedures to ensure that the contractor has complied with laws and regulations affecting the expenditure of Federal funds; (2) Determine whether the sub- grantee spent Federal assistance funds provided in accordance with applicable laws and regulations. This may be ac- complished by reviewing an audit of the subgrantee made in accordance with the Act, Circular A–133 (as set forth in 24 CFR part 45), or through other means (e.g., program reviews) if the subgrantee has not had such an audit; (3) Ensure that appropriate correc- tive action is taken within six months after receipt of the audit report in in- stance of noncompliance with Federal laws and regulations; (4) Consider whether subgrantee au- dits necessitate adjustment of the grantee’s own records; and (5) Require each subgrantee to permit independent auditors to have access to the records and financial statements.

Subgrantees. State or local govern- ments, as those terms are defined for purposes of the Single Audit Act Amendments of 1996, that provide Fed- eral awards to a subgrantee subgrantee, which ex- pends $300,000 or more (or other amount as specified by OMB) in Fed- eral awards in a fiscal year, shall: (1) Determine whether State or local subgrantees have met the audit re- quirements of the Act and whether sub- grantees covered by OMB Circular A– 110, ‘‘Uniform Administrative Require- ments for Grants and Agreements with Institutions of Higher Education, Hos- pitals, and Other Non-Profit Organiza- tions,’’ have met the audit require- ments of the Act. Commercial contrac- tors (private for-profit and private and governmental organizations) providing goods and services to State and local governments are not required to have a single audit performed. State and local governments should use their own pro- cedures to ensure that the contractor has complied with laws and regulations affecting the expenditure of Federal funds; (2) Determine whether the sub- grantee xxxxxxx spent Federal assistance funds provided in accordance with applicable laws and regulations. This may be ac- complished by reviewing an audit of the subgrantee made in accordance with the Act, Circular A–133 (as set forth in 24 CFR part 45)A–110, or through other means (e.g., program reviewsre- views) if the subgrantee has not had such an audit; (3) Ensure that appropriate correc- tive action is taken within six months after receipt of the audit report in in- stance of noncompliance with Federal laws and regulations; (4) Consider whether subgrantee au- dits necessitate adjustment of the grantee’s own records; and (5) Require each subgrantee to permit independent auditors to have access to the records and financial statements.

Subgrantees. State or local govern- ments, as those terms are defined for purposes of the Single Audit Act Amendments of 1996, that provide Fed- eral awards to a subgrantee subgrantee, which ex- pends $300,000 or more (or other amount as specified by OMB) in Fed- eral awards in a fiscal year, shall: (1) Determine whether State or local subgrantees have met the audit re- quirements of the Act and whether sub- grantees covered by OMB Circular A– 110, ‘‘Uniform Administrative Require- ments for Grants and Agreements with Institutions of Higher Education, Hos- pitals, and Other Non-Profit Organiza- tions,’’ have met the audit require- ments of the Act. Commercial contrac- tors (private for-profit and private and governmental organizations) providing goods and services to State and local governments are not required to have a single audit performed. State and local governments should use their own pro- cedures to ensure that the contractor has complied with laws and regulations affecting the expenditure of Federal funds; (2) Determine whether the sub- grantee spent Federal assistance funds provided in accordance with applicable laws and regulations. This may be ac- complished by reviewing an audit of the subgrantee made in accordance with the Act, Circular A–133 (as set forth in 24 CFR part 45)A–110, or through other means (e.g., program reviewsre- views) if the subgrantee has not had such an audit; (3) Ensure that appropriate correc- tive action is taken within six months after receipt of the audit report in in- stance of noncompliance with Federal laws and regulations; (4) Consider whether subgrantee au- dits necessitate adjustment of the grantee’s own records; and (5) Require each subgrantee to permit independent auditors to have access to the records and financial statements.

Subgrantees. State or local govern- mentsgovernments, as those terms are defined for purposes of the Single Audit Act Amendments of 1996, that provide Fed- eral Federal awards to a subgrantee subgrantee, which ex- pends expends $300,000 or more (or other amount as specified by OMB) in Fed- eral Federal awards in a fiscal year, shall: (1) Determine whether State or local subgrantees have met the audit re- quirements requirements of the Act and whether sub- grantees subgrantees covered by OMB Circular A– 110A-110, ‘‘“Uniform Administrative Require- ments Requirements for Grants and Other Agreements with Institutions of Higher Education, Hos- pitals, Hospitals and Other Non-Profit Organiza- tions,’’ Nonprofit Organizations” have met the audit require- ments of the Actrequirement. Commercial contrac- tors contractors (private for-for profit and private and governmental organizations) providing goods and services to State and local governments are not required to have a single audit performed. State and local governments should use their own pro- cedures procedures to ensure that the contractor has complied with laws and regulations affecting the expenditure of Federal funds; (2) Determine whether the sub- grantee subgrantee spent Federal assistance funds provided in accordance with applicable laws and regulations. This may be ac- complished accomplished by reviewing an audit of the subgrantee made in accordance with the Act, OMB Circular A–133 (as set forth in 24 CFR part 45)A-110, or through other means (e.g., program reviews) if the subgrantee has not had such an audit; (3) Ensure that appropriate correc- tive corrective action is taken within six months after receipt of the audit report in in- stance instance of noncompliance with Federal laws and regulations; (4) Consider whether subgrantee au- dits audits necessitate adjustment of the grantee’s own records; and (5) Require each subgrantee to permit independent auditors to have access to the records and financial statements.

Subgrantees. State or local govern- mentsgovernments, as those terms are defined for purposes of the Single Audit Act Amendments of 1996, that provide Fed- eral Federal awards to a subgrantee subgrantee, which ex- pends expends $300,000 or more (or other amount as specified by OMB) in Fed- eral Federal awards in a fiscal year, shall: (1) Determine whether State or local subgrantees have met the audit re- quirements requirements of the Act and whether sub- grantees subgrantees covered by OMB Circular A– 110A-110, ‘‘“Uniform Administrative Require- ments Requirements for Grants and Agreements with Institutions of Higher Education, Hos- pitalsHospitals, and Other Non-Profit Organiza- tionsorganizations,’’ ” have met the audit require- ments requirements of the Act. Commercial contrac- tors contractors (private for-profit and private and governmental organizations) providing goods and services to State and local governments are not required to have a single audit performed. State and local governments should use their own pro- cedures procedures to ensure that the contractor has complied with laws and regulations affecting the expenditure of Federal funds; (2) Determine whether the sub- grantee subgrantee spent Federal assistance funds provided in accordance with applicable laws and regulations. This may be ac- complished accomplished by reviewing an audit of the subgrantee made in accordance with the Act, Circular A–133 (as set forth in 24 CFR part 45)A-110, or through other means (e.g., program reviews) if the subgrantee has not had such an audit; (3) Ensure that appropriate correc- tive corrective action is taken within six months after receipt of the audit report in in- stance instance of noncompliance with Federal laws and regulations; (4) Consider whether subgrantee au- dits audits necessitate adjustment of the grantee’s 's own records; and (5) Require each subgrantee to permit independent auditors to have access to the records and financial statements.