Super Circular definition

Super Circular. 2 CFR Part 200 (State, Local, Indian Tribal Governments; Other Non-Profit Agencies) (Formerly OMB Circulars A-87, A-102, A-110, A-122, and A-133) • ▇▇▇▇://▇▇▇.▇▇▇▇.▇▇▇/cgi-bin/text- idx?SID=ec7bd09a67bf6b78191d8859901a06ad&node=pt2.1.200&rgn=div5 • Formerly: Circular A-87, Revised; Circular A-102; Circular No. A-110 -- Uniform Administrative Requirements for Grants and Agreements With Institutions of Higher Education, Hospitals, and Other Non-Profit Organizations; Circular A-122, Cost Principles for Non-Profit Organizations; Circular A-133 48 CFR Part 31, Cost Principles (Non- Profit and Private-for Profit Agencies) • 2006 CFR Title 48, Volume 1
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Super Circular. 2 CFR Part 200 Subpart F – Audit Requirements (States, Local and Non-Profit Organizations) (formerly Circular A-133) • ▇▇▇▇://▇▇▇.▇▇▇▇.▇▇▇/cgi-bin/text- idx?SID=ec7bd09a67bf6b78191d8859901a06ad&node=pt2.1.200&rgn=div5 • Formerly: Circular A-133 -- Audits of States, Local Governments, and Non-Profit Organizations Tier 1 and Tier 2 – For Buyers that fall under the Audit Requirements of OMB 2 CFR Part 200 Subpart F (Formerly OMB Circular A-133) (receives $750,000 or more in federal funds from all sources) an Annual Audited report (see 2 CFR Part 200.512 for requirements) must also be submitted within nine (9) months of their fiscal year end. The Annual Audited report must be prepared by an independent public accountant. The Annual Audited Reports must also be submitted to the Federal Clearinghouse through the following link: ▇▇▇▇://▇▇▇▇▇▇▇▇▇.▇▇▇▇▇▇.▇▇▇/sac/ All Buyers must submit Cost Allocation Plans to the Department’s Office of Audit with their SEDA, Financial Statements, and/or Agency Annual Audit Report.
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Super Circular means 2 CFR parts 200 and 1201, effective December 26, 2014. The Super Circular replaces the old Common Grant Rule, 49 CFR parts 18 and 19 and consolidates eight existing grant-related circulars into one set of uniform regulations located in Title 2 of the CFR. 2 CFR Part 200 contains certain notable changes to FTA grants management. The Super Circular increases the simplified acquisition threshold to $150,000 (per CFR 200.88) to bring it in alignment with the Federal Acquisition Regulation (FAR). This new threshold applies to procurements funded by grants issued on or after December 26, 2014.
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Examples of Super Circular in a sentence

  • SUBRECIPIENT shall comply with the bonding and insurance requirements of the OMB Super Circular, “Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards”, as applicable.

  • Submit to COMMERCE the reporting package specified in OMB Super Circular 2 CFR 200.501, reports required by the program-specific audit guide (if applicable), and a copy of any management letters issued by the auditor.

  • SUBRECIPIENT hereby agrees to have an annual agency audit conducted in accordance with current CITY policy concerning subrecipient audits and the OMB Super Circular, “Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards”.

  • If SUBRECIPIENT meets the conditions above, SUBRECIPIENT agrees to submit the most recent OMB Super Circular, “Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards” audit available at the beginning date of this Agreement and to provide the CITY a copy of any the OMB Super Circular, “Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards” audit completed during the agreement period within 30 days of its completion.

  • SUBRECIPIENT shall administer its Program in conformance with the OMB Super Circular, “Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards” as applicable.

  • If you are a not-for-profit corporation and are expending federal funds under this and other agreements totaling $750,000 or more during your fiscal year, you must submit an audit conducted in accordance with the Single Audit Act Amendments of 1996 (31 U.S.C. 7501-07), OMB Super Circular, the compliance requirements set forth in OMB Compliance Supplement, and any additional testing and reporting required by the City.

  • If a single audit is required, that audit must cover the time period specified by the OMB Super Circular and its implementing regulations.

  • A sub-awardee (including private, for-profit hospitals and non-profit institutions) shall adhere to the federal Office of Management and Budget (OMB) Super Circular 2 CFR 200.501 and 45 CFR 75.501.

  • This audit must be performed in accordance with program-specific audit requirements contained in Section 200.507 of the OMB Super Circular, program- specific audits, and with generally accepted government auditing standards (Government Auditing Standards).

  • The audit must cover the time period specified by the OMB Super Circular for program- specific audits.


More Definitions of Super Circular

Super Circular audit provisions. The standards set forth in this Article (Auditing Standards and Reports) reflect the updated audit requirements as set forth in 45 CFR Part 75 Subpart F – Audit Requirements).
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Related to Super Circular

  • SEBI Circular means circular no. CIR/CFD/CMD/4/2015 dated September 9, 2015, issued by the SEBI on continuous disclosure requirements for listed entities, as amended or substituted from time to time;

  • Company Circular means the notice of the Company Meeting and accompanying management information circular, including all schedules, appendices and exhibits to, and information incorporated by reference in, such management information circular, to be sent to the Company Shareholders in connection with the Company Meeting, as amended, supplemented or otherwise modified from time to time in accordance with the terms of this Agreement.

  • Scheme Circular means any circular to the shareholders of the Target to be issued by the Target setting out the proposals for any Scheme.

  • UPI Circulars means the SEBI circular no. SEBI/HO/CFD/DIL2/CIR/P/2018/138 dated November 01, 2018, SEBI circular no. SEBI/HO/CFD/DIL2/CIR/P/2019/50 dated April 03, 2019, SEBI circular no. SEBI/HO/CFD/DIL2/CIR/P/2019/76 dated June 28, 2019, SEBI circular no. SEBI/HO/CFD/DIL2/CIR/P/2019/85 dated July 26, 2019, SEBI circular no. SEBI/HO/CFD/DCR2/CIR/P/2019/133 dated November 08, 2019, SEBI circular no. SEBI/HO/CFD/DIL2/CIR/P/2020/50 dated March 30, 2020, , SEBI circular no. SEBI/HO/CFD/DIL2/CIR/P/2020/50 dated March 30, 2020, SEBI circular no. SEBI/HO/CFD/DIL2/CIR/P/2021/2480/1/M dated March 16, 2021, SEBI circular no. SEBI/HO/CFD/DIL1/CIR/P/2021/47 dated March 31, 2021, SEBI circular no. SEBI/HO/CFD/DIL2/P/CIR/2021/570 dated June 02, 2021, SEBI circular no. SEBI/HO/CFD/DIL2/CIR/P/2022/45 dated April 05, 2022, SEBI circular no. SEBI/HO/CFD/DIL2/CIR/P/2022/51 dated April 20, 2022 and SEBI circular no. SEBI/HO/CFD/DIL2/CIR/2022/75 dated May 30, 2022 and any subsequent circulars or notifications issued by the SEBI in this regard;

  • Circular means the notice of the Meeting and accompanying management information circular, including all schedules, appendices and exhibits thereto, to be sent to each Shareholder and other Persons as required by the Interim Order and Law in connection with the Meeting, as amended, modified or supplemented from time to time in accordance with the terms of this Agreement.