Common use of Audits and Monitoring Clause in Contracts

Audits and Monitoring. 1. In the event that the SUBRECIPIENT expends Seven-Hundred-Fifty-Thousand and 00/100 Dollars ($750,000.00) or more in Federal awards in its fiscal year, the SUBRECIPIENT must have a single or program-specific audit conducted in accordance with the provisions of 2 CFR Part 200, Subpart F, Audit Requirements, as revised. In determining the Federal awards expended in its fiscal year, the SUBRECIPIENT shall consider all sources of Federal awards, including Federal resources received from the COUNTY. The determination of amounts of Federal awards expended must be in accordance with the guidelines established by 2 CFR § 200.502, as revised. An audit of the SUBRECIPIENT conducted by the Auditor General in accordance with the provision of 2 CFR Part 200, as revised, will meet the requirements of this part.

Audits and Monitoring. 1. In the event that the SUBRECIPIENT expends Seven-Hundred-Fifty-Seven Hundred Fifty Thousand and 00/100 Dollars ($750,000.00) or more in Federal awards in its fiscal year, the SUBRECIPIENT must have a single or program-specific audit conducted in accordance with the provisions of 2 CFR Part CFR, 200, Subpart F, Audit Requirements, as revised. In determining the Federal awards expended in its fiscal year, the SUBRECIPIENT shall consider all sources of Federal awards, including Federal resources received from the COUNTY. The determination of amounts of Federal awards expended must be in accordance with the guidelines established by 2 CFR § CFR, 200.502, as revised. An audit of the SUBRECIPIENT conducted by the Auditor General in accordance with the provision of 2 CFR Part CFR, 200, as revised, will meet the requirements of this part.

Audits and Monitoring. 1. ‌‌‌‌ In the event that the SUBRECIPIENT expends Seven-Hundred-Fifty-Seven Hundred Fifty Thousand and 00/100 Dollars ($750,000.00) or more in Federal awards in its fiscal year, the SUBRECIPIENT must have a single or program-program- specific audit conducted in accordance with the provisions of 2 CFR Part CFR, 200, Subpart F, Audit Requirements, as revised. Article II indicates Federal resources awarded through the COUNTY by this Agreement. In determining the Federal awards expended in its fiscal year, the SUBRECIPIENT shall consider all sources of Federal awards, including Federal resources received from the COUNTY. The determination of amounts of Federal awards expended must should be in accordance with the guidelines established by 2 CFR § 200.502CFR, 200, as revised. An audit of the SUBRECIPIENT conducted by the Auditor General in accordance with the provision of 2 CFR Part CFR, 200, as revised, will meet the requirements of this part.