|
725-030-06
<br />PUBLIC TRANSPORTATION
<br />OGC - 12/14
<br />Page 5of14
<br />d. The Agency must electronically submit to the Federal Audit Clearinghouse (FAC) at
<br />https://harvester.census.gov/facweb/ the audit reporting package as required by OMB Circular A-133, for
<br />fiscal years beginning before December 26, 2014, and as required by 2 CFR Part 200, Subpart F - Audit
<br />Requirements, for fiscal years beginning on or after December 26, 2014, within the earlier of 30 calendar
<br />days after receipt of the auditor's report(s) or nine months after the end of the audit period. The FAC is the
<br />repository of record for audits required by OMB Circular A-133, for fiscal years beginning before December
<br />26, 2014, and for audits required by 2 CFR Part 200, Subpart F - Audit Requirements, for fiscal years
<br />beginning on or after December 26, 2014, and this Agreement. However, the Department requires a copy of
<br />the audit reporting package also be submitted to FDOTSingleAudit@dot.state.fl.us within the earlier of 30
<br />calendar days after receipt of the auditor's report(s) or nine months after the end of the audit period as
<br />required by OMB Circular A-133, for fiscal years beginning before December 26, 2014, and as required by 2
<br />CFR Part 200, Subpart F - Audit Requirements, for fiscal years beginning on or after December 26, 2014.
<br />e. Upon receipt, and within six months, the Department will review the Agency's audit reporting package,
<br />including corrective action plans and management letters, to the extent necessary to determine whether
<br />timely and appropriate action on all deficiencies has been taken pertaining to the Federal award provided
<br />through the Department by this Agreement. If the Agency fails to have an audit conducted in accordance with
<br />OMB Circular A-133, for fiscal years beginning before December 26, 2014, and in accordance with 2 CFR
<br />Part 200, Subpart F - Audit Requirements, for fiscal years beginning on or after December 26, 2014, the
<br />Department may impose additional conditions to remedy noncompliance. If the Department determines that
<br />noncompliance cannot be remedied by imposing additional conditions, the Department may take appropriate
<br />actions to enforce compliance.
<br />f. As a condition of receiving this Federal award, the Agency shall permit the Department, or its designee, the
<br />CFO or State of Florida Auditor General access to the Agency's records including financial statements, the
<br />independent auditor's working papers and project records as necessary. Records related to unresolved audit
<br />findings, appeals or litigation shall be retained until the action is complete or the dispute is resolved.
<br />g. The Department's contact information for requirements under this part is as follows:
<br />Office of Comptroller, MS 24
<br />605 Suwannee Street
<br />Tallahassee, Florida 32399-0450
<br />FDOTSingleAudit@dot.state.fl.us
<br />Part 11 State Funded:
<br />1. In addition to reviews of audits conducted in accordance with Section 215.97, Florida Statutes, monitoring
<br />procedures to monitor the Agency's use of state financial assistance may include but not be limited to on-site visits by
<br />Department staff and/or other procedures including, reviewing any required performance and financial reports, following
<br />up, ensuring corrective action, and issuing management decisions on weaknesses found through audits when those
<br />findings pertain to state financial assistance awarded through the Department by this Agreement. By entering into this
<br />Agreement, the Agency agrees to comply and cooperate fully with any monitoring procedures/processes deemed
<br />appropriate by the Department. The Agency further agrees to comply and cooperate with any inspections, reviews,
<br />investigations, or audits deemed necessary by the Department, the Department of Financial Services (DFS) or State of
<br />Florida Auditor General.
<br />2. The Agency, a nonstate entity as defined by Section 215.97(2)(m), Florida Statutes, as a recipient of state
<br />financial assistance awarded by the Department through this Agreement is subject to the following requirements:
<br />a. In the event the Agency meets the audit threshold requirements established by Section 215.97, Florida
<br />Statutes, the Agency must have a State single or project -specific audit conducted for such fiscal year in
<br />accordance with Section 215.97, Florida Statutes; applicable rules of the Department of Financial Services;
<br />and Chapters 10.550 (local governmental entities) or 10.650 (nonprofit and for-profit organizations), Rules of
<br />the Auditor General. Exhibit B to this Agreement indicates state financial assistance
<br />awarded through the Department by this Agreement needed by the Agency to further comply with the
<br />requirements of Section 215.97, Florida Statutes. In determining the state financial assistance expended in a
<br />fiscal year, the Agency shall consider all sources of state financial assistance, including state financial
<br />assistance received from the Department by this Agreement, other state agencies and other nonstate
<br />entities. State financial assistance does not include Federal direct or pass-through awards and resources
<br />received by a nonstate entity for Federal program matching requirements.
<br />Page 5 of 14
<br />
|