Examples of Government audit agency in a sentence
See notes on labor overhead above and check whether the base has been approved by a Government audit agency for use in proposals.
The Offeror shall identify the cognizant Government audit agency or any other Government agency that has formally approved the accounting system, if applicable.
The applicant must support the proposed indirect cost rate with a letter from a cognizant U.S. Government audit agency, a NICRA, or with sufficient information for USAID to determine the reasonableness of the rates.
These supporting documents will not be submitted to CM but shall be maintained at the Consortium Members’ facility, and should the circumstances dictate, copies of the substantiating document(s) shall be provided to the appropriate Government audit agency.
The Contracting Officer relies on information provided by a Government audit agency (such as the DCAA) to determine the adequacy of a Contractor’s accounting system.
Additionally, the Offeror shall identify the cognizant Government audit agency or any other Government agency that has formally approved the Disclosure Statement.
The Offeror shall also identify whether the cognizant Government audit agency has issued any audit reports on the compliance with the CAS requirements and its disclosure statement, as well as, the results of the audit(s).
The Subcontractor also agrees, with respect to any subcontracts (including fixed-price or unit- price subcontracts or purchase orders) where, under the terms of the subcontract, costs incurred are a factor in determining the amount payable to the Subcontractor of any tier, to either conduct an audit of the subcontractor’s costs or arrange for such an audit to be performed by the cognizant Government audit agency through NWP and the Contracting Officer.
The applicant must support the proposed indirect cost rate with a letter from a cognizant U.S. Government audit agency, a Negotiated Indirect Cost Agreement (NICRA) or with sufficient information for USAID to determine the reasonableness of the rates.
Seller hereby grants its permission for Seller’s cognizant U.S. Government audit agency to provide a copy of any resultant audit report to Buyer.