Fiscal Requirements. Contractor shall comply with all fiscal requirements set forth below:
Fiscal Requirements. 1. Provider agrees to spend all funds received under this Agreement in accordance with the authorized cost categories as identified in Appendix G.
Fiscal Requirements. 1. Contractor agrees to spend all funds received under this Contract in accordance with the authorized expense categories identified on the Cost Report.
Fiscal Requirements. 1. The grantee/sub-grantee/sub-recipient, shall not use <Enter Name of Federal Award> to:
Fiscal Requirements. A. The Provider, at its own expense, shall obtain and maintain in force throughout the period of this Agreement workers’ compensation insurance for all the Provider’s employees, employed upon the premises and in connection with its other operations pursuant to this Agreement, and as set forth in the District of Columbia’s Worker’s Compensation Act of 1979, effective July 1, 1980 (D.C. Law 3-77; D.C. Code §§ 32-1501 et seq.).
Fiscal Requirements. If this Contract is a sub-award of Federal funds (making Contractor a “Sub-recipient”), or if Contractor is a “Pass-through Provider”, defined as a non-federal organization that receives federal dollars and passes those dollars along to Sub-recipients, (as indicated by the presence of a CFDA# in the table above), Contractor agrees to the following requirements:
Fiscal Requirements. The Contractor shall maintain a record system that documents the total number of units of service as defined in this Agreement and delivered during the term of this Agreement. These records shall also document the specific units billed to DHS under this Agreement.
Fiscal Requirements. Contractor agrees to the following requirements if a Federal Funds Subrecipient:
Fiscal Requirements. The Grantee shall install and maintain an accounting system to identify and support all expenditures billed to DHS under this Agreement. The accounting system must record all income and expenses for the Grantee’s total program of which services provided under this Agreement are a part. The accounting system, as a minimum, shall consist of a chart of accounts, cash receipts journal, cash disbursements journal, and general ledger. All expenditures and income must be supported by vouchers and receipts that detail the reason for the transaction. The Grantee shall maintain, within the accounting system, salary and fringe benefits accounts that break out positions, hospitalization, retirement, workmen’s compensation and other fringe benefits. The Grantee shall establish and maintain payroll records for all employees. The Contractor shall maintain payroll records to support amounts billed to DHS in accordance with the federal timekeeping requirements described in the applicable OMB Circular A-122, or OMB Circular A-87, or as codified in the Code of Federal Regulations.
Fiscal Requirements. 23.1. The Contractor is required to comply with Generally Accepted Accounting Principles (GAAP) or Governmental Generally Accepted Accounting Principles (GGAAP) that meet the financial management systems requirements of this Contract. The requirement in this section may be met either by submission of an annual independent auditor’s report or by the submission of semi-annual financial reports based upon the mid-point and end of the Contractor’s fiscal year, if an annual audit is not performed.
