Common use of Tracing of Funds Clause in Contracts

Tracing of Funds. Fiscal control and accounting procedures of the Subrecipient, as well as its Subcontractors, must be sufficient to permit the tracing of funds to a level of expenditures adequate to establish that such funds have not been used in violation of the restrictions and prohibitions of applicable statutes.

Appears in 4 contracts

Samples: Master Grant Agreement, Agency Master Grant Agreement, Master Grant Agreement

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