Common use of Audit Certification Clause in Contracts

Audit Certification. As the Network Provider, we expect to expend less than $750,000 from all Federal Financial Assistance sources including commodities, during our fiscal year. Therefore, we are not subject to the audit requirements of 2 C FR 200 a nd do no t need to submit our audited financial statements to DHHS. As the Network Provider, we expect to expend $750,000 or more from all Federal Financial Assistance sources, including commodities in our current fiscal year. Therefore, we are subject to the single audit requirements of 2CFR 200. If this information changes, and Network Provider is subject to a Single Audit or no longer subjected to a Single Audit, Network Provider shall notify the Region immediately.

Audit Certification. As the Network Provider, we expect to expend less than $750,000 from all Federal Financial Assistance sources including commodities, during our fiscal year. Therefore, we are not subject to the audit requirements of 2 C FR CFR 200 a nd and do no t not need to submit our audited financial statements to DHHS. As the Network Provider, we expect to expend $750,000 or more from all Federal Financial Assistance sources, including commodities in our current fiscal year. Therefore, we are subject to the single audit requirements of 2CFR 200. If this information changes, and Network Provider is subject to a Single Audit or no longer subjected to a Single Audit, Network Provider shall notify the Region immediately.

Audit Certification. As the Network Provider, we expect to expend less than $750,000 from all Federal Financial Assistance sources including commodities, during our fiscal year. Therefore, we are not subject to the audit requirements of 2 C FR CFR 200 a nd and do no t not need to submit our audited financial statements to DHHS. Yes -or- No As the Network Provider, we expect to expend $750,000 or more from all Federal Financial Assistance sources, including commodities in our current fiscal year. Therefore, we are subject to the single audit requirements of 2CFR 200. Yes -or- No If this information changes, and Network Provider is subject to a Single Audit or no longer subjected to a Single Audit, Network Provider shall notify the Region immediately.