---
kind: "section"
citation: "15 C.F.R. § 997.25"
title: "15"
number: "997.25"
heading: "Financial oversight."
url: "https://uscodex.org/cfr/15/997.25"
---

# §997.25. Financial oversight.

- (a) To become certified, an RCOS must comply with all financial oversight requirements established by the Administrator, including requirement relating to audits.
- (b) The application shall document compliance with the terms and conditions set forth in [2 CFR Part 215](/cfr/2/part215.md)—Uniform Administrative Requirements for Grants and Agreements with Institutions of Higher Education, Hospitals, and Other Non-profit Organizations, Subpart [C](/cfr/15/subpartC.md)—[Post](/cfr/15/subpartPost.md) Award Requirements. [Subpart C](/cfr/15/subpartC.md) prescribes standards for financial management systems, among others. (Compliance with this criterion can be demonstrated by referencing any existing grant, cooperative agreement, or contract the RICE has with NOAA.)
- (c) The RCOS shall document annually the RCOS's operating and maintenance costs for all observing platforms and sensors, etc., owned and/or operated by the RCOS. This information shall be made available to NOAA upon request.

## Notes

### Authority

Authority: 33 U.S.C. 3602-3603.

### Source

Source: 79 FR 32460, June 5, 2014, as amended at 87 FR 16634, Mar. 24, 2022, unless otherwise noted.