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1999-325
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1999-325
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Last modified
1/29/2024 8:44:20 AM
Creation date
1/29/2024 8:42:50 AM
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Template:
Official Documents
Official Document Type
Agreement
Approved Date
12/14/1999
Control Number
1999-325
Entity Name
Department of Community Affairs
Subject
Disaster Relief Funding Agreement/Hurricane Floyd
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• <br />organizations, Programs, Activities and Functions, and generally <br />accepted auditing standards established by the American Institute <br />of Certified Public Accountants. The a r eme t number of this <br />errant must be i ratified with the _audit submi_ tt ed_ Such audit <br />shall also comply with the requirements of Sections 11..45, <br />216.349, and 216.3491, Florida Statutes and chapter 14.550 and <br />10.600, Rules of the Auditor General, and, to the extent <br />applicable, the. Single Audit Act of 19B4, as amended, 31 [FSC 7501 <br />through 7507, and OMB Circular A-133, as revised June 24, 1997, <br />or thereafter. If the Subgrantee is a private non-profit <br />organization, it shall submit an organization -wide audit. All <br />audits are due not later than seven (7) months after the <br />termination of the entity's fiscal year. If the Subgrantee <br />expends less than $300,000 in Federal awards in its fiscal year, <br />an audit conducted in accordance with the provisions of OMB <br />Circular A--133 is not required, ;but an audit may otherwise be <br />required under Section 216.3491, Florida Statutes, and rules <br />adopted pursuant thereto. <br />b. The Grantee may require the Subgrantee to undertake <br />such further or additional audits as determined necessary or <br />appropriate including, but not limited to, past and current <br />organization -wide audits. Such audits may be necessary to <br />determine the adequacy, accuracy, and reliability of the <br />Subgrantee's internal controls, fiscal data, and management <br />systems established to safeguard the Subgrantee's assets and to <br />ensure compliance with this Agreement. <br />i ENIA-I 300 -DR -F1. <br />
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