Financial Management System definition
Financial Management System means the Council’s electronic purchasing and payments system, Agresso (or equivalent)
Financial Management System means an accounting system mandated to be included in the User Charge System which conforms with Generally Accepted Accounting Principles (GAAP) and accurately accounts for revenues generated by the system and expenditures for operation, maintenance and repairs (including replacement), including line item breakout of income sources and expense items, and provisions for adjusting operating cost data to reflect operating changes, wage escalation and staffing changes.
Financial Management System means the financial management system that the Borrower shall establish and operate or cause to be established and operated pursuant to Section 3.01 of the Project Agreement;
Examples of Financial Management System in a sentence
I, the undersigned, certify to the best of my knowledge and belief that our Financial Management System meets the standards for financial reporting, accounting records, internal and budget control as set forth in the FAR of Title 49, CFR, Part 18.20 to the extent applicable to Consultant.
As in past years, no additional accounting system detail is being required beyond local uniform accounting procedures prescribed by the Michigan Department of Treasury, Local Financial Management System requirements, documentation requirements of categorical program funding sources and any local requirements.
Consultant shall also provide NCTC with Exhibit 10-K: Consultant Certification of Contract Costs and Financial Management System.
On a periodic basis, EPA will send Respondents’ Project Coordinator a bill requiring payment that includes a certified Agency Financial Management System summary (SCORPIOS) cost summary report or other regionally prepared cost summary.
FISCAL ACCOUNTABILITY 15 (a) Financial Management System 15 (b) CONTRACTOR’s Records 15 (c) Costs Charged 15 23.
More Definitions of Financial Management System
Financial Management System means a system of planning, budgeting and accounting for financial resource management in accordance with international accounting standards, to be carried out by DBSA pursuant to paragraph 2 (b) of Schedule 4 to this Agreement;
Financial Management System means the methodology and software that the Government uses to oversee and govern its income, expenses and assets for purposes of optimising financial management, reporting and sustainability;
Financial Management System. Revenue Distribution System Credit Club Processing System Receivables System Referral Commission System Customer Adjustment System Commission Inquiry System Licensee Composite Accounts Payable (AP) General Ledger (GL) Money Management System (MMS) Time and Attendance (TAA) Rental
Financial Management System means the financial management system that Kerala shall establish and operate pursuant to Section 3.01 of the Project Agreement;
Financial Management System means the financial management system referred to in paragraph 4 (b) of Schedule 4 to this Agreement;
Financial Management System. By signing this agreement, the Recipient verifies that it has, or will implement, a financial management system adequate for monitoring the accumulation of costs and that it complies with the financial management system requirements of 2 C.F.R. 200.302 and Title 23, U.S.C.. The Recipient’s failure to comply with these requirements may result in agreement termination. Allowable Costs: Determination of allowable costs will be made in accordance with the applicable Federal cost principles, e.g., 2 C.F.R. Part 200 Subpart E. Disallowed costs are those charges determined to not be allowed in accordance with the applicable Federal cost principles or other conditions contained in this agreement. EXHIBIT G The Fixing America’s Surface Transportation Act (FAST Act) (Pub. L. 114-94, Section 1105, (23 U.S.C. 117)), regarding the Nationally Significant Freight and Highway Projects Program (FY 2016 FASTLANE Discretionary Grants) (referred to as “FASTLANE Grants”) requires that all laborers and mechanics employed by contractors and subcontractors on projects funded directly by or assisted in whole or in part by and through the Federal Government shall be paid wages at rates not less than those prevailing on projects of a character similar in the locality as determined by the Secretary of Labor in accordance with subchapter IV of chapter 31 of ▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇ Code. Pursuant to Reorganization Plan No. 14 and the ▇▇▇▇▇▇▇▇ Act, 40 U.S.C. § 3145, the Department of Labor has issued regulations at 29 C.F.R. Parts 1, 3, and 5 to implement the ▇▇▇▇▇-▇▇▇▇▇ and related Acts. Regulations in 29 C.F.R. 5.5 instruct agencies concerning application of the standard ▇▇▇▇▇-▇▇▇▇▇ contract clauses set forth in that section. Federal agencies providing grants, cooperative agreements, and loans under the Act shall ensure that the standard ▇▇▇▇▇-▇▇▇▇▇ contract clauses found in 29 C.F.R. 5.5(a) are incorporated in any resultant covered contracts that are in excess of $2,000 for construction, alteration or repair (including painting and decorating). Federal agencies providing grants, grant agreements, and loans under the Act shall ensure that the standard ▇▇▇▇▇-▇▇▇▇▇ contract clauses found in 29 C.F.R. 5.5(a) are incorporated in any resultant covered contracts that are in excess of $2,000 for construction, alteration or repair (including painting and decorating). For additional guidance on the wage rate requirements of the Act, contact your awarding agency. Recipients of grants, grant agr...