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FWC Agreement No. 15120
<br /> Attachment C
<br /> AUDIT REQUIREMENTS
<br /> The administration of resources awarded by the Florida Fish and Wildlife Conservation Commission
<br /> (Commission) to the Grantee may be subject to audits and/or monitoring by the Commission as described
<br /> in Part II of this attachment regarding State funded activities. If this Agreement includes a Federal award,
<br /> then Grantee will also be subject to the Federal provisions cited in Part I. If this Agreement includes both
<br /> State and Federal funds,then all provisions apply.
<br /> MONITORING
<br /> In addition to reviews of audits conducted in accordance with Sections 200.500-200.521, Uniform
<br /> Guidance: Cost Principles, Audit, and Administrative Requirements for Federal Awards (2 CFR 200), as
<br /> revised, hereinafter "OMB Uniform Guidance" and Section 215.97, F.S., as revised (see "AUDITS"
<br /> below), the Commission may conduct or arrange for monitoring of activities of the Contractor. Such
<br /> monitoring procedures may include, but not be limited to, on-site visits by the Commission staff or
<br /> contracted consultants,limited scope audits as defined by Section 200.331,OMB Uniform Guidance and/or
<br /> other procedures. By entering into this Contract, the Grantee agrees to comply and cooperate with any
<br /> monitoring procedures/processes deemed appropriate by the Commission. The Grantee further agrees to
<br /> comply and cooperate with any inspections, reviews, investigations, or audits deemed necessary by the
<br /> Florida Department of Financial Services or the Florida Auditor General.
<br /> AUDITS
<br /> PART I: FEDERALLY FUNDED. If this Agreement includes a Federal award, then the following
<br /> provisions apply:
<br /> A. This part is applicable if the Grantee is a State or local government or a non-profit organization as
<br /> defined in Sections 200.90,200.64, or 200.70, respectively, OMB Uniform Guidance.
<br /> B. In the event that the Grantee expends $500,000.00 ($750,000.00 for fiscal years beginning on or after
<br /> December 26, 2014) or more in Federal awards in its fiscal year, the Grantee must have a single or
<br /> program-specific audit conducted in accordance with the provisions of the Federal Single Audit Act of
<br /> 1996 and Sections 200.500-200.521, OMB Uniform Guidance. EXHIBIT 1 to this Attachment
<br /> indicates Federal resources awarded through the Commission by this Agreement. In determining the
<br /> Federal awards expended in its fiscal year, the Grantee shall consider all sources of Federal awards,
<br /> including Federal resources received from the Commission. The determination of amounts of Federal
<br /> awards expended should be in accordance with the guidelines established by Sections 200.500-200.521,
<br /> OMB Uniform Guidance. An audit of the Grantee conducted by the Auditor General in the OMB
<br /> Uniform Guidance, will meet the requirements of this part.
<br /> C. In connection with the audit requirements addressed in Part 1, paragraph A. herein, the Grantee shall
<br /> fulfill the requirements relative to auditee responsibilities as provided in Section 200.508, OMB
<br /> Uniform Guidance. This includes,but is not limited to,preparation of financial statements, a schedule
<br /> of expenditure of Federal awards, a summary schedule of prior audit findings, and a corrective action
<br /> plan.
<br /> D. If the Grantee expends less than $500,000.00 ($750,000.00 for fiscal years beginning on or after
<br /> December 26, 2014) in Federal awards in its fiscal year, an audit conducted in accordance with the
<br /> provisions of Sections 200.500-200.521, OMB Uniform Guidance, is not required. In the event that
<br /> the Grantee expends less than $500,000.00 ($750,000.00 for fiscal years beginning on or after
<br /> Attachment C rev.6.15.15 Page 1 of 6
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