Common use of Independent Fiscal Audit Clause in Contracts

Independent Fiscal Audit. Within six (6) months of close of each COUNTY fiscal year, CONTRACTOR shall conduct and submit a fiscal audit for the period of this Agreement, as performed by an independent auditor, selected and performed in accordance with Generally Accepted Accounting Principles. CONTRACTOR acknowledges that, should this Agreement be increased to a level that would subject it to Federal Audit Guidelines Office of Management and Budget (OMB) Super Circular, 2 CFR Part 200 “Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards; Final Rule.” CONTRACTOR will comply with these requirements and provide COUNTY with a copy of such audit report as performed by an independent Certified Public Accountant.

Appears in 6 contracts

Samples: Contract for Services, Contract for Services, Contract for Services

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