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STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION 525-010-00
<br />LOCAL AGENCY PROGRAM AGREEMENT PRODUCTION SUPPORT
<br />OGC— 04114
<br />Page 4
<br />5.04 Audit Reports: Recipients of federal and state funds are to have audits done annually using the following criteria:
<br />The administration of resources awarded by the Department to the Agency may be subject to audits and/or monitoring by
<br />the Department, as described in this section.
<br />Monitoring: In addition to reviews of audits conducted in accordance with OMB Circular A-133 and Section 215.97,
<br />Florida Statutes, as revised (see "Audits" below), monitoring procedures may include, but not be limited to, on-site visits
<br />by Department staff, limited scope audits as defined by OMB Circular A-133, as revised, and/or other procedures. By
<br />entering into this Agreement, the recipient agrees to comply and cooperate fully with any monitoring
<br />procedures/processes deemed appropriate by the Department. In the event the Department determines that a limited
<br />scope audit of the recipient is appropriate, the recipient agrees to comply with any additional instructions provided by the
<br />Department staff to the Agency regarding such audit. The Agency further agrees to comply and cooperate with any
<br />inspections, reviews, investigations or audits deemed necessary by the Department's Office of Inspector General (OIG),
<br />and the Chief Financial Officer (CFO) or Auditor General.
<br />Audits
<br />Part I - Federally Funded: Recipients of federal funds (i.e., state, local government or non-profit organizations as
<br />defined in OMB Circular A-133, as revised) are to have audits done annually using the following criteria:
<br />In the event that the recipient expends $500,000 or more in federal awards in its fiscal year, the recipient must
<br />have a single or program -specific audit conducted in accordance with the provisions of OMB Circular A-133, as
<br />revised. Exhibit "1" of this Agreement indicates federal resources awarded through the Department by this
<br />Agreement. In determining the federal awards expended in its fiscal year, the recipient shall consider all sources
<br />of federal awards, including federal resources received from the Department. The determination of amounts of
<br />federal awards expended should be in accordance with the guidelines established by OMB Circular A-133, as
<br />revised. An audit of the recipient conducted by the Auditor General in accordance with the provisions OMB
<br />Circular A-133, as revised, will meet the requirements of this part.
<br />2. In connection with the audit requirements addressed in Part I, paragraph 1 the recipient shall fulfill the
<br />requirements relative to auditee responsibilities as provided in Subpart C of OMB Circular A-133, as revised.
<br />3. If the recipient expends less than $500,000 in federal awards in its fiscal year, an audit conducted in accordance
<br />with the provisions of OMB Circular A-133, as revised, is not required. However, if the recipient elects to have an
<br />audit conducted in accordance with the provisions of OMB Circular A-133, as revised, the cost of the audit must
<br />be paid from non-federal resources (i.e., the cost of such an audit must be paid from recipient resources obtained
<br />from other than federal entities).
<br />Federal awards are to be identified using the Catalog of Federal Domestic Assistance (CFDA) title and number,
<br />award number and year, and name of the awarding federal agency.
<br />Part II - State Funded: Recipients of state funds (i.e., a non -state entity as defined by Section 215.97(2) (1), Florida
<br />Statutes) are to have audits done annually using the following criteria:
<br />In the event that the recipient expends a total amount of state financial assistance equal to or in excess of
<br />$500,000 in any fiscal year of such recipient, the recipient must have a state single or project -specific audit for
<br />such fiscal year in accordance with Section 215.97, Florida Statutes, applicable rules of the Executive Office of
<br />the Governor and the CFO, and Chapters 10.550 (local governmental entities) or 10.650 (nonprofit and for-profit
<br />organizations), Rules of the Auditor General. Exhibit "1" to this Agreement indicates state financial assistance
<br />awarded through the Department by this Agreement. In determining the state financial assistance expended in its
<br />fiscal year, the recipient shall consider all sources of state financial assistance, including state financial assistance
<br />received from the Department, other state agencies, and other non -state entities. State financial assistance does
<br />not include federal direct or pass-through awards and resources received by a non -state entity for federal
<br />program matching requirements.
<br />In connection with the audit requirements addressed in Part II, paragraph 1, the recipient shall ensure that the
<br />audit complies with the requirements of Section 215.97(7), Florida Statutes. This includes submission of a
<br />financial reporting package as defined by Section 215.97(2) (d), Florida Statutes, and Chapters 10.550 (local
<br />governmental entities) or 10.650 (nonprofit and for-profit organizations), Rules of the Auditor General.
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