Single Audit Act definition

Single Audit Act means the federal Single Audit Act Amendments of 1996 (31 U.S.C. 7501-7507).
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Single Audit Act means the federal Single Audit Act
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Single Audit Act means the federal Single Audit Act Amendments of 1996.
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Examples of Single Audit Act in a sentence

  • The Grantee shall consider the type of financial assistance (federal and/or state) identified in Attachment 5, Exhibit 1 and determine whether the terms of Federal and/or Florida Single Audit Act Requirements may further apply to lower tier transactions that may be a result of this Agreement.

  • The parties shall comply with the requirements of the Single Audit Act of 1984, P.L. 98-502, ensuring that the single audit report includes the coverage stipulated in 2 CFR 200.

  • The accounts and records shall be kept in accordance with an accounting system that will facilitate an effective audit in accordance with the Single Audit Act of 1984.

  • Subpart F – Audit Requirements of the Uniform Guidance, implementing the Single Audit Act, shall apply to this award.

  • Payments are considered to be federal financial assistance subject to the Single Audit Act and the related provisions of the Uniform Guidance and Recipient is considered a subrecipient as defined as Uniform Guidance.

  • Subrecipient will ensure an annual financial audit is performed in compliance with the Federal Single Audit Act and will submit two (2) copies of such audit report, including a copy of the management letter, to County within six (6) months of the end of each Contract year in which Subrecipient has received federal funding (i.e., July 1 – June 30).

  • Surviving terms include butare 4 not limited to: Financial Terms and Conditions, Single Audit Act, Contract Performance and 5 Enforcement, Confidentiality of Individual Information, Resolution of Disputes, 6 Indemnification, Oversight Authority,Maintenance of Records, Ownership of Materials and 7 Contract Administration Warranties and Survivability.

  • The Awardee will need this information to comply with the Federal and State Single Audit Act.

  • Surviving terms include but are 29 not limited to: Financial Terms and Conditions, Single Audit Act, Contract Performance and 30 Enforcement, Confidentiality of Individual Information, Resolution of Disputes, 31 Indemnification, Oversight Authority, Maintenance of Records, Ownership of Materials and 32 Contract Administration Warranties and Survivability.

  • If Grantee expended $750,000 or more of Federal, or $750,000 or more of State Financial Assistance in a fiscal year, Grantee shall be required to comply with the Federal and State Single Audit Act.


More Definitions of Single Audit Act

Single Audit Act means the federal Single Audit Act Amendments of 1996 (31 USC 7501 through 7507).
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Single Audit Act means Public Law 98-502 (31 U.S.C. 7501-7507), amended by Public Law 104-156.
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Single Audit Act means Public Law 98-502 (31 U.S.C. 7501-7507), amended by Public Law 104-156 and Public Law 114-301, and as subsequently amended.
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Related to Single Audit Act

  • Public Finance Management Act ’ means the Public Finance Management Act, 1999 (Act No. 1 of 1999);

  • Independent educational evaluation means an evaluation conducted by a qualified examiner who is not employed by the public agency responsible for the education of the child in question.

  • Initial Environmental Examination or “IEE” means the initial environmental examination for the Project, including any update thereto, prepared and submitted by the Borrower and cleared by ADB;

  • Clinical nurse specialist means a registered nurse with relevant post-basic qualifications and 12 months’ experience working in the clinical area of his/her specified post-basic qualification, or a minimum of four years’ post-basic registration experience, including three years’ experience in the relevant specialist field and who satisfies the local criteria.

  • FILOT Act Minimum Investment Requirement means, with respect to the Project, an investment of at least $2,500,000 by the Company, or of at least $5,000,000 by the Company and any Sponsor Affiliates in the aggregate, in Economic Development Property.

  • Total Evaluated CRIS MW means the Additional CRIS MW requested plus either (i) if the Installed Capacity Supplier previously received an exemption under Sections 23.4.5.7.2(b), 23.4.5.7.6(b), 23.4.5.7.7 or 23.4.5.7.8, all prior Additional CRIS MW since the facility was last exempted under Sections 23.4.5.7.2(b), 23.4.5.7.6(b), or 23.4.5.7.8, or (ii) for all other Installed Capacity Suppliers, all MW of Capacity for which an Examined Facility obtained CRIS pursuant to the provisions in ISO OATT Sections 25, 30, or 32 (OATT Attachments S, X, or Z). For purposes of Section 23.4.5 of this Attachment H, “UCAP Offer Reference Level” shall mean a dollar value equal to the projected clearing price for each ICAP Spot Market Auction determined by the ISO on the basis of the applicable ICAP Demand Curve and the total quantity of Unforced Capacity from all Installed Capacity Suppliers in a Mitigated Capacity Zone for the period covered by the applicable ICAP Spot Market Auction. For purposes of Section 23.4.5 of this Attachment H, “Unit Net CONE” shall mean localized levelized embedded costs of a specified Installed Capacity Supplier, including interconnection costs, and for an Installed Capacity Supplier located outside a Mitigated Capacity Zone including embedded costs of transmission service, in either case net of likely projected annual Energy and Ancillary Services revenues, and revenues associated with other energy products (such as energy services and renewable energy credits, as determined by the ISO, translated into a seasonally adjusted monthly UCAP value using an appropriate class outage rate. The Unit Net CONE of an Installed Capacity Supplier that has functions beyond the generation or transmission of power shall include only the embedded costs allocated to the production and transmission of power, and shall not net the revenues from functions other than the generation or transmission of power.

  • H.15(519) means the weekly statistical release designated as H.15(519), or any successor publication, published by the Board of Governors of the Federal Reserve System.

  • Medical evaluation means the process of assessing an individual's health status that includes a medical history and a physical examination of an individual conducted by a licensed medical practitioner operating within the scope of his license.