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oruaniZati on , or c :: <br /> state resources . Re : ip _ enr means a Ncns = = = = <br /> that receives sta = <br /> a state awaralnq aq =e= v . <br /> B . In the event that the Rec � oien + eXp = rids a <br /> of state financial assistance 2aual to O <br /> $ 300 , 000 in any fiscal year of such <br /> Recipient must have a state single or prod = ct - - <br /> audit conducted for such fiscal year in ac = fda - � = <br /> with Section 215 . 97 , F . S . , applicable ru '_ es of <br /> Executive Office of the Governor , rules of . he <br /> Comptroller , and Chapter 10 . 600 , rules of <br /> General . In determining the state financial <br /> assistance expended in its fiscal year , the Rec _ ent <br /> shall consider all sources of state financial <br /> assistance , including state funds received z .=, <br /> Department resource , except that state fin = = ' _ <br /> assistance received by a Nonstate entity for fe - = ral <br /> financial assistance and state matching recuirer = - ts <br /> sha11 be excluded from consideration . <br /> Co Audits conducted pursuant to Section 215 . 97 , F . � . , <br /> shall be .w ( 1 ) performed annually , and ( 2 ) cor_ duc = = d by <br /> independent auditors in accordance with au i tin ^ <br /> standards as stated in rules of the Auditor Genu _ . . <br /> D . Regardless of the amount of the state financial <br /> assistance , the provisions of Section 215 . 97 , F . S) . , do <br /> not exempt a Nonstate entity from compliance. with <br /> provisions of law relating to maintaining records <br /> concerning state financial assistance to such Ncn = ate <br /> entity or allowing access and examination of thcse <br /> records by the state awarding agency , the Comptroller , <br /> or the Auditor General . <br /> E . If the Nonstate entity does not meet the threshc _ <br /> requiring the state single audit , such Nonstatin y <br /> must meet terms and conditions specified in this <br /> written agreement with the state awarding agency . <br /> F . Each state awarding agency shall : <br /> ( 1 ) Provide to a Recinient , information needed cy = he <br /> Recipient to comply with the requirem= 7: ts „ _ <br /> Section 215 . 97 , F . S . <br />