Common use of Audit Requirement Clause in Contracts

Audit Requirement. Domestic Organizations (including US-based organizations implementing projects with foreign components): An organization that expends $750,000 or more in a fiscal year in Federal awards shall have a single or program-specific audit conducted for that year in accordance with the provisions of 45 CFR Part 75. The audit period is an organization’s fiscal year. The audit must be completed along with a data collection form (SF- SAC), and the reporting package shall be submitted within the earlier of 30 days after receipt of the auditor’s report(s), or nine (9) months after the end of the audit period. The audit report must be sent to: Federal Audit Clearing House Internet Data Entry System Electronic Submission: xxxxx://xxxxxxxxx.xxxxxx.xxx/facides/(S(0vkw1zaelyzjibnahocga5i0))/account/login.aspx AND Office of Grants Services, Financial Assessment and Audit Resolution Unit Electronic Copy to: XXX.Xxxxx.Xxxxxxxxxx@xxx.xxx After receipt of the audit report, CDC will resolve findings by issuing Final Determination Letters. Audit requirements for Subrecipients to whom 45 CFR 75 Subpart F applies: The recipient must ensure that the subrecipients receiving CDC funds also meet these requirements. The recipient must also ensure to take appropriate corrective action within six months after receipt of the subrecipient audit report in instances of non- compliance with applicable Federal law and regulations (45 CFR 75 Subpart F and HHS Grants Policy Statement). The recipient may consider whether subrecipient audits necessitate adjustment of the recipient's own accounting records. If a subrecipient is not required to have a program-specific audit, the recipient is still required to perform adequate monitoring of subrecipient activities. The recipient shall require each subrecipient to permit the independent auditor access to the subrecipient's records and financial statements. The recipient must include this requirement in all subrecipient contracts. Federal Funding Accountability and Transparency Act (FFATA): In accordance with 2 CFR Chapter 1, Part 170 Reporting Sub-Award And Executive Compensation Information, Prime Awardees awarded a federal grant are required to file a FFATA sub-award report by the end of the month following the month in which the prime awardee awards any sub-grant equal to or greater than $25,000. Pursuant to 45 CFR Part 75, §75.502, a grant sub-award includes the provision of any commodities (food and non-food) to the sub-recipient where the sub-recipient is required to abide by terms and conditions regarding the use or future administration of those goods. If the sub-awardee merely consumes or utilizes the goods, the commodities are not in and of themselves considered sub-awards.

Audit Requirement. Domestic Organizations (including US-based organizations implementing projects with foreign components): An organization that expends $750,000 or more in a fiscal year in Federal awards shall have a single or program-specific audit conducted for that year in accordance with the provisions of 45 CFR Part 75. The audit period is an organization’s fiscal year. The audit must be completed along with a data collection form (SF- SF-SAC), and the reporting package shall be submitted within the earlier of 30 days after receipt of the auditor’s report(s), or nine (9) months after the end of the audit period. The audit report must be sent to: Federal Audit Clearing House Internet Data Entry System Electronic Submission: xxxxx://xxxxxxxxx.xxxxxx.xxx/facides/(S(0vkw1zaelyzjibnahocga5i0))/account/login.aspx AND Office of Grants Services, Financial Assessment and Audit Resolution Unit Electronic Copy to: XXX.Xxxxx.Xxxxxxxxxx@xxx.xxx After receipt of the audit report, CDC will resolve findings by issuing Final Determination Letters. Audit requirements for Subrecipients to whom 45 CFR 75 Subpart F applies: The recipient grantee must ensure that the subrecipients receiving CDC funds also meet these requirements. The recipient grantee must also ensure to take appropriate corrective action within six months after receipt of the subrecipient audit report in instances of non- non-compliance with applicable Federal law and regulations (45 CFR 75 Subpart F and HHS Grants Policy Statement). The recipient grantee may consider whether subrecipient audits necessitate adjustment of the recipientgrantee's own accounting records. If a subrecipient is not required to have a program-specific audit, the recipient grantee is still required to perform adequate monitoring of subrecipient activities. The recipient grantee shall require each subrecipient to permit the independent auditor access to the subrecipient's records and financial statements. The recipient grantee must include this requirement in all subrecipient contracts. Federal Funding Accountability and Transparency Act (FFATA): In accordance with 2 CFR Chapter 1, Part 170 Reporting Sub-Award And Executive Compensation Information, Prime Awardees awarded a federal grant are required to file a FFATA sub-award report by the end of the month following the month in which the prime awardee awards any sub-grant equal to or greater than $25,000. Pursuant to 45 CFR Part 75, §75.502, a grant sub-award includes the provision of any commodities (food and non-food) to the sub-recipient where the sub-recipient is required to abide by terms and conditions regarding the use or future administration of those goods. If the sub-awardee merely consumes or utilizes the goods, the commodities are not in and of themselves considered sub-awards.

Audit Requirement. Domestic Organizations (including US-based organizations implementing projects with foreign components): Organizations: An organization that expends $750,000 or more in a fiscal year in Federal awards shall have a single or program-specific audit conducted for that year in accordance with the provisions of 45 CFR Part 75. The audit period is an organization’s fiscal year. The audit must be completed along with a data collection form (SF- SF-SAC), and the reporting package shall be submitted within the earlier of 30 days after receipt of the auditor’s report(s), or nine (9) months after the end of the audit period. The audit report must be sent to: Federal Audit Clearing House Internet Data Entry System Electronic Submission: xxxxx://xxxxxxxxx.xxxxxx.xxx/facides/(S(0vkw1zaelyzjibnahocga5i0))/account/login.aspx AND Office of Grants Services, Financial Assessment and Audit Resolution Unit Electronic Copy to: XXX.Xxxxx.Xxxxxxxxxx@xxx.xxx After receipt of the audit report, CDC will resolve findings by issuing Final Determination Letters. Audit requirements for Subrecipients to whom 45 CFR 75 Subpart F applies: The recipient grantee must ensure that the subrecipients receiving CDC funds also meet these requirements. The recipient grantee must also ensure to take appropriate corrective action within six months after receipt of the subrecipient audit report in instances of non- non-compliance with applicable Federal law and regulations (45 CFR 75 Subpart F and HHS Grants Policy Statement). The recipient grantee may consider whether subrecipient audits necessitate adjustment of the recipientgrantee's own accounting records. If a subrecipient is not required to have a program-specific audit, the recipient grantee is still required to perform adequate monitoring of subrecipient activities. The recipient grantee shall require each subrecipient to permit the independent auditor access to the subrecipient's records and financial statements. The recipient grantee must include this requirement in all subrecipient contracts. Federal Funding Accountability and Transparency Act (FFATA): In accordance with 2 CFR Chapter 1, Part 170 Reporting Sub-Award And Executive Compensation Information, Prime Awardees awarded a federal grant are required to file a FFATA sub-award report by the end of the month following the month in which the prime awardee awards any sub-grant equal to or greater than $25,000. Pursuant to 45 CFR Part 75, §75.502, a grant sub-award includes the provision of any commodities (food and non-food) to the sub-recipient where the sub-recipient is required to abide by terms and conditions regarding the use or future administration of those goods. If the sub-awardee merely consumes or utilizes the goods, the commodities are not in and of themselves considered sub-awards.

Audit Requirement. Domestic Organizations (including US-based organizations implementing projects with foreign components): Organizations: An organization that expends $750,000 or more in a fiscal year in Federal awards shall have a single or program-specific audit conducted for that year in accordance with the provisions of 45 CFR Part 75. The audit period is an organization’s fiscal year. The audit must be completed along with a data collection form (SF- SF-SAC), and the reporting package shall be submitted within the earlier of 30 days after receipt of the auditor’s report(s), or nine (9) months after the end of the audit period. The audit report must be sent to: Federal Audit Clearing House Internet Data Entry System Electronic Submission: xxxxx://xxxxxxxxx.xxxxxx.xxx/facides/(S(0vkw1zaelyzjibnahocga5i0))/account/login.aspx AND Office of Grants Services, Financial Assessment and Audit Resolution Unit Electronic Copy to: XXX.Xxxxx.Xxxxxxxxxx@xxx.xxx After receipt of the audit report, CDC will resolve findings by issuing Final Determination Letters. Audit requirements for Subrecipients to whom 45 CFR 75 Subpart F applies: The recipient grantee must ensure that the subrecipients receiving CDC funds also meet these requirements. The recipient grantee must also ensure to take appropriate corrective action within six months after receipt of the subrecipient audit report in instances of non- non-compliance with applicable Federal law and regulations (45 CFR 75 Subpart F and HHS Grants Policy Statement). The recipient grantee may consider whether subrecipient audits necessitate adjustment of the recipientgrantee's own accounting records. If a subrecipient is not required to have a program-specific audit, the recipient grantee is still required to perform adequate monitoring of subrecipient activities. The recipient grantee shall require each subrecipient to permit the independent auditor access to the subrecipient's records and financial statements. The recipient grantee must include this requirement in all subrecipient contracts. Federal Funding Accountability and Transparency Act (FFATA): In accordance with 2 CFR Chapter 1, Part 170 Reporting Sub-Award And Executive Compensation Information, Prime Awardees awarded a federal grant are required to file a FFATA sub-award report by the end of the month following the month in which the prime awardee awards any sub-grant equal to or greater than $25,000. Pursuant to 45 CFR Part 75, §75.502, a grant sub-award includes the provision of any commodities (food and non-food) to the sub-recipient where the sub-recipient is required to abide by terms and conditions regarding the use or future administration of those goods. If the sub-awardee merely consumes or utilizes the goods, the commodities are not in and of themselves considered sub-awards.