Auditors are not expected to statement audit results when there is facts a person displayed an effective «good-faith» efforts

Auditors are not expected to statement audit results when there is facts a person displayed an effective «good-faith» efforts

Provides Relative to dos CFR Chapter step 1, Region 170 Revealing Sandwich-Prize And you may Executive Settlement Guidance, Best Awardees given a national grant are required to document good FFATA sandwich-honor statement by the end of one’s day pursuing the day where in fact the prime awardee honors people sub-grant comparable to otherwise more than $31,000. The fresh new reporting conditions are listed below:

  1. That it specifications is actually for one another mandatory and you may discretionary has approved into otherwise immediately after .
  2. All the sub-honor guidance need to be reported from the best awardee.
  3. For these the fresh new Federal features as of , in case your first prize is equal to or over $29,000, revealing away from sub-award and you may exec payment data is necessary.

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