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d. Office of Management and Budget Circular A-110 entitled, "Uniform <br />Administrative Requirements for Non-profit Organizations"; <br /> <br /> e. Office of Management and Budget Circular A-122 entitled, "Cost Principles <br />for Non-profit Organizations"; <br /> <br /> (C) financial assistance provided under this agreement shall not be used directly or <br />indirectly: <br /> <br /> 1. for construction, such as construction of mass transit systems, and <br />exclusive bus lanes; <br /> <br />2. to subsidize fares for public transportation; or <br /> <br />3. for subsidies for utility rate demonstrations or State insulation tax credits. <br /> <br /> .(D) Materials and supplies purchased with funds received as a result of this <br />agreement shall be accounted for separately from all other materials and supplies <br />obtained from any other source. Materials and supplies on hand from prior weatherization <br />programs may be purchased at-cost, with funds received through this agreement. All <br />such purchases shall be accounted for by the Contractor in inventory records maintained <br />to account for funds expended under this agreement. <br /> <br /> Section 7: Audit and Inspection. The Contractor shall permit, and shall require its <br />subcontractors in writing as part of any subcontract agreement, to permit the Grantee, the <br />Comptroller General of the United States-and the Department of Energy, or their <br />authorized representative to audit and/or inspect all work, materials, payrolls, and other <br />data and records with regard to this contract and to audit the books, records, and <br />accounts of the Contractor pertaining to this contract. <br /> <br />(A) <br /> <br />The Contractor shall use its own procedures to arrange for independent <br />financial and compliance audits which shall comply with the Single Audit Act <br />'and OMB CIRCULAR A-128 FOR LOCAL GOVERNMENTAL UNITS; or with <br />OMB CIRCULAR A-133 FOR NONPROFIT ORGANIZATIONS. <br /> <br />NOTE: Nonprofit organizations may continue to comply with the audit <br /> requirements of Attachment F, Paragraph 2.h. of OMB Circular A-110 for <br /> their fiscal year that began before January 1, 1990, but earlier <br /> implementation of the A-133 type audit is .encouraged. <br /> <br />-4- <br /> <br /> <br />