Common use of Audit Required Clause in Contracts

Audit Required. A non-Federal entity that expends $750,000 or more during the non-Federal entity's fiscal year in Federal awards must have a single or program-specific audit conducted for that year.

Appears in 4 contracts

Sources: Intergovernmental Agreement, Intergovernmental Agreement, Intergovernmental Agreement

Audit Required. A non-–Federal entity that expends $750,000 or more during the non-–Federal entity's fiscal year in Federal awards must have a single or program-specific audit conducted for that yearyear in accordance with the provisions of this part.

Appears in 1 contract

Sources: Subrecipient Contract