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ATTACHMENT B REQUIREMENTS OF THE STATE AND FEDERAL SINGLE AUDIT ACTS The administration of resources awarded by the Florida Fish and Wildlife Conservation Commission (Commission ) to the Contractor/Grantee (recipient ) may be subject to audits and/or monitoring by the Commission as described in this section . MONITORING In addition to reviews of audits conducted in accordance with OMB Circular A- 133 and Section 215 . 97 , F . S . , as revised (see "AUDITS" below) , monitoring procedures may include , but not be limited to , on -site visits by Commission staff, limited scope audits as defined by OMB Circular A- 133 , as revised , and/or other procedures . By entering into this agreement , the recipient agrees to comply and cooperate with any monitoring procedures/processes deemed appropriate by the Commission . In the event the Commission determines that a limited scope audit of the recipient is appropriate , the recipient agrees to comply with any additional instructions provided by the Commission staff to the recipient regarding such audit . The recipient further agrees to comply and cooperate with any inspections , reviews , investigations , or audits deemed necessary by the Comptroller or Auditor General . AUDITS PART I : FEDERALLY FUNDED This part is applicable if the recipient is a State or local government or a non - profit organization as defined in OMB Circular A- 133 , as revised . In the event that the recipient expends $ 500 , 000 or more in Federal awards in its fiscal year, the recipient must have a single or program -specific audit conducted in accordance with the provisions of OMB Circular A- 133 , as revised . EXHIBIT 1 to this agreement indicates Federal resources awarded through the Commission by this agreement . In determining the Federal awards expended in its fiscal year, the recipient shall consider all sources of Federal awards , including Federal resources received from Commission . The determination of amounts of Federal awards expended should be in accordance with the guidelines established by OMB Circular A- 133 , as revised . An audit of the recipient conducted by the Auditor General in accordance with the provisions OMB Circular A- 133 , as revised , will meet the requirements of this part . In connection with the audit requirements addressed in Part I , paragraph 1 . , the recipient shall fulfill the requirements relative to auditee responsibilities as provided in Subpart C of OMB Circular A- 133 , as revised . If the recipient expends less than $500 , 000 in Federal awards in its fiscal year , an audit conducted in accordance with the provisions of OMB Circular A- 133 , as revised , is not required . In the event that the recipient expends less than $500 , 000 in Federal awards in its fiscal year and elects to have an audit conducted in accordance with the provisions of OMB Circular A- 133 , as revised , the cost of the audit must be paid from non - Federal resources ( i . e . , the cost of such an audit must be paid from recipient resources obtained from other than Federal entities ) . PART II : STATE FUNDED This part is applicable if the recipient is a non -state entity as defined by Section 215 . 97 (2 ) ( 1 ) , Florida Statutes . In the event that the recipient expends a total amount of state financial assistance equal to or in excess of $500 , 000 in any fiscal year of such recipient , the recipient must have a State single or project-specific audit for such fiscal year in accordance with Section 215 . 97 , Florida Statutes ; applicable rules of the Executive Office of the Governor and the Comptroller; and Chapters 10 . 550 ( local governmental entities ) or 10 . 650 ( nonprofit and Page 11 of 14