Common use of SINGLE AUDIT ACT OF 1984 Clause in Contracts

SINGLE AUDIT ACT OF 1984. All project expenditures are subject to the Single Audit act of 1984 and all relevant Office of Management and Budget (OMB) guidance including 2 CFR 200, Subpart F . Sub-grantees are subject to audit if their share of federal financial assistance is $750,000 or more for a single fiscal year. Federal financial assistance includes reimbursements under this award and all other financial assistance originating from any agency of the federal government during the Sub-grantee’s fiscal year. Sub- grantee will be required annually to report compliance with this requirement. ARS 35-181.03. Sub-grantee must also comply with applicable ARS 35-181.03 provisions for financial and compliance audits.

Appears in 4 contracts

Sources: Grant Agreement, Grant Agreement, Grant Agreement

SINGLE AUDIT ACT OF 1984. All project expenditures are subject to the Single Audit act of 1984 and all relevant Office of Management and Budget (OMB) guidance Circulars including 2 CFR 200, Subpart F ▇▇▇ ▇▇▇▇▇▇▇▇ ▇-▇▇▇ . Sub▇▇▇-grantees ▇▇▇▇▇▇▇▇ are subject to audit if their share of federal financial assistance is $750,000 500,000 or more for a single fiscal year. Federal financial assistance includes reimbursements under this award and all other financial assistance originating from any agency of the federal government during the Sub-grantee’s fiscal year. Sub- grantee will be required annually to report compliance with this requirement. ARS 35-181.03. Sub-grantee must also comply with applicable ARS 35-181.03 provisions for financial and compliance audits.

Appears in 1 contract

Sources: Grant Agreement

SINGLE AUDIT ACT OF 1984. All project expenditures are subject to the Single Audit act of 1984 and all relevant Office of Management and Budget (OMB) guidance including 2 CFR 200, Subpart F . F. Sub-grantees are subject to audit if their share of federal financial assistance is $750,000 or more for a single fiscal year. Federal financial assistance includes reimbursements under this award and all other financial assistance originating from any agency of the federal government during the Sub-grantee’s fiscal year. Sub- grantee will be required annually to report compliance with this requirement. ARS 35-181.03. Sub-grantee must also comply with applicable ARS 35-181.03 provisions for financial and compliance audits.

Appears in 1 contract

Sources: Grant Agreement