Statutes, codes, and regulations
Code of Federal Regulations
Title 10 - ENERGYChapter II - DEPARTMENT OF ENERGYSubchapter H - ASSISTANCE REGULATIONSPart 603 - TECHNOLOGY INVESTMENT AGREEMENTSSubpart F - AWARD TERMS AFFECTING PARTICIPANTS' FINANCIAL, PROPERTY, AND PURCHASING SYSTEMS
FINANCIAL MATTERS
Section 603.665 - Periodic audits of nonprofit participants

10 C.F.R. § 603.665

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Current through May 31, 2024
Section 603.665 - Periodic audits of nonprofit participants

An expenditure-based TIA is an assistance instrument subject to the Single Audit Act (31 U.S.C. 7501-7507 ), so nonprofit participants are subject to the requirements under that Act and OMB Circular A-133. Specifically, the requirements are those in:

(a)10 CFR 600.226 for State and local governments; and
(b)10 CFR 600.126 for other nonprofit organizations.

10 C.F.R. §603.665