Common use of Program-Specific Audit Clause in Contracts

Program-Specific Audit. A Program-Specific Audit means an audit of one Federal program as provided in the OMB Circular A-133. Additionally, a state program-specific audit means an audit of one state project in accordance with the requirements of Section 216.3491, Florida Statutes. The cost of audits conducted in accordance with the Single Audit Act and/or the provisions of Section 216.3491, Florida Statutes, must be paid from non-Federal/non-State funds (i.e., the cost of such an audit must be paid from subrecipient/contractor funds obtained from other than Federal/State sources

Program-Specific Audit. A Program-Specific Audit means an audit of one Federal program as provided in the OMB Circular A-133. Additionally, a state program-specific audit means an audit of one state project in accordance with the requirements of Section 216.3491, Florida Statutes. The cost of audits conducted in accordance with the Single Audit Act and/or the provisions of Section 216.3491, Florida Statutes, must be paid from non-Federal/non-State funds (i.e., the cost of such an audit must be paid from subrecipientsub-recipient/contractor funds obtained from other than Federal/State sources