Common use of Facility Operators Clause in Contracts

Facility Operators. The audit shall be of a financial type described in the most current edition of the AICPA Audit and Accounting Guide, “Audits of State and Local Governments;” the most current edition of the U. S. Government Accountability Office (GAO) “Government Auditing Standards” (Yellow Book); conducted in accordance with generally accepted auditing standards (GAAS) and generally accepted government auditing standards (GAGAS), as outlined in the most recent edition of the GAO's “Government Auditing Standards” for the FY 2017-18 and subsequent years.

Facility Operators. The audit shall be of a financial type described in the most current edition of the AICPA Audit and Accounting Guide, “Audits of State and Local Governments;” the most current edition of the U. S. Government Accountability Office (GAO) “Government Auditing Standards” (Yellow Book); conducted in accordance with generally accepted auditing standards (GAAS) and generally accepted government auditing standards (GAGAS), as outlined in the most recent edition of the GAO's “Government Auditing Standards” for the FY 2017-18 2022- 23 and subsequent years.