Single Audit Requirement definition

Single Audit Requirement. The Contractor shall retain a licensed certified public accountant, who will prepare an annual Single Audit as required by 31 USC 7501 – 7507, as well as its implementing regulations under 2 CFR Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. CONTRACTOR shall forward the Single Audit to ADMINISTRATOR within fourteen (14) calendar days of receipt
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Examples of Single Audit Requirement in a sentence

  • DocuSign Envelope ID: 807942A5-6EED-4D44-B964-8977132CD87A Each program year, Center fiscal staff conducts on-site fiscal reviews of project sponsors not subject to the Single Audit Requirement.

  • Single Audit Requirement 45 11 13 Signature Page 47 14 CONTENTS 15 EXHIBIT A PAGE 16 I.

Related to Single Audit Requirement

  • Credit Requirements means a senior, unsecured long term debt rating (or corporate rating if such debt rating is unavailable) of (a) BBB or greater from S&P, or (b) Baa2 or greater from ▇▇▇▇▇'▇, and if such ratings are split, the lower of the two ratings must be at least BBB or Baa2 from S&P or ▇▇▇▇▇’▇, respectively.

  • REIT Requirements has the meaning set forth in Section 5.2.

  • Compliance Audit means the procedure (in a form advised by the GLA from time to time) by which an auditor independent of the Grant Recipient certifies (at the Grant Recipient's cost) whether the Named Projects developed or Rehabilitated pursuant to this Agreement satisfy the GLA's procedural compliance requirements (as described in the Affordable Housing Capital Funding Guide);

  • FTR Credit Requirement means the amount of credit that a Participant must provide in order to support the FTR positions that it holds and/or for which it is bidding. The FTR Credit Requirement shall not include months for which the invoicing has already been completed, provided that PJMSettlement shall have up to two Business Days following the date of the invoice completion to make such adjustments in its credit systems. FTR Credit Requirements are calculated and applied separately for each separate customer account.

  • Reporting Requirement By January 31, 2017, the District will provide for OCR’s review and approval the Web Accessibility Policy drafted consistent with Item 1.