Submission of Audits and Audited Financial Statements Sample Clauses

Submission of Audits and Audited Financial Statements. 1. The Subrecipient shall submit to the Comptroller and the County any and all auditor’s report received by the Subrecipient related to its obligations under this Agreement within ten (10) business days of receipt. 2. A copy of the Single Audit Reporting Package, including the associated management letter, which was conducted in accordance with 2 CFR § 200.512 (or, for HHS awards: 45 CFR § 75.512), or the applicable Audited Financial Statements, shall be forwarded to the County pursuant to the notice provision in this Agreement, with a copy provided to the Orange County Comptroller’s Office, at the following:
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Submission of Audits and Audited Financial Statements. 1. The Agency shall submit to the Comptroller and the County any and all auditor’s reports received by the Agency related to its obligations under this Agreement within ten (10) business days of receipt. 2. A copy of the auditor’s report, including any associated management letter, or any applicable audited financial statements, shall be forwarded to the County pursuant to the “Notices” section of this Agreement, with a copy provided to the Orange County Comptroller’s Office at the following address: F. Failure to comply with any requirements of this Section shall be deemed as a breach of this Agreement and may result in the withholding or denial of any requests for payment or reimbursement to the Agency.
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Submission of Audits and Audited Financial Statements. 1. The Subrecipient shall submit to the City any and all auditor’s report received by the Subrecipient related to its obligations under this Agreement within ten (10) business days of receipt. 2. Failure to comply with any requirements in this Article shall be deemed as a breach of this Agreement and may result in the withholding or denial of any requests for payment or reimbursement to the Subrecipient.
Sample 1
Submission of Audits and Audited Financial Statements. 1. The Agency shall submit to the Comptroller and the County any and all auditor’s reports received by the Agency related to its obligations under this Agreement within ten (10) business days of receipt. 2. A copy of the auditor’s report, including any associated management letter, or any applicable audited financial statements, shall be forwarded to the County pursuant to the “Notices” section of this Agreement, with a copy provided to the Orange County Comptroller’s Office at the following email address: xxxxx.xxxxxxxx@xxxxxxx.xxx and at the following physical address: F. Failure to comply with any requirements in this Section shall be deemed as a breach of this Agreement and may result in the withholding or denial of any requests for payment or reimbursement to the Agency.
Sample 1

Related to Submission of Audits and Audited Financial Statements

  • Submission of Audits and Financial Statements A. Audits Due the earlier of 30 days after receipt of the independent certified public accountant's report or nine months after the end of the fiscal year, Grantee shall submit electronically one copy of the single audit or program-specific audit to the System Agency via: i. HHS portal at: or, ii. Email to: xxxxxx_xxxxx_xxxxxx@xxxx.xxxxx.xx.xx. B. Financial Statements Due no later than nine months after the Grantee’s fiscal year end, Grantees which are not required to submit an audit, shall submit electronically financial statements via: i. HHS portal at: ii. Email to: xxxxxx_xxxxx_xxxxxx@xxxx.xxxxx.xx.xx.

  • Audits and Financial Statements A. Audits i. HHS Single Audit Unit will notify Grantee to complete the Single Audit Determination Form. If Grantee fails to complete the form within thirty (30) calendar days after receipt of notice, Grantee will be subject to the sanctions and remedies for non-compliance with this Contract. ii. If Grantee, within Xxxxxxx’s fiscal year, expends at least SEVEN HUNDRED FIFTY THOUSAND DOLLARS ($750,000) in federal funds awarded, Grantee shall have a single audit or program-specific audit in accordance with 2 CFR 200. The federal threshold amount includes federal funds passed through by way of state agency awards. iii. If Grantee, within Xxxxxxx’s fiscal year, expends at least SEVEN HUNDRED FIFTY THOUSAND DOLLARS ($750,000) in state funds awarded, Grantee shall have a single audit or program-specific audit in accordance with UGMS, State of Texas Single Audit Circular. The audit must be conducted by an independent certified public accountant and in accordance with 2 CFR 200, Government Auditing Standards, and UGMS. iv. For-profit Grantees whose expenditures meet or exceed the federal or state expenditure thresholds stated above shall follow the guidelines in 2 CFR 200 or UGMS, as applicable, for their program-specific audits. v. Each Grantee that is required to obtain a single audit must competitively re-procure single audit services once every six years. Grantee shall procure audit services in compliance with this section, state procurement procedures, as well as with the provisions of UGMS. B. Financial Statements Each Grantee that does not meet the expenditure threshold for a single audit or program- specific audit, must provide financial statements.

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