§22.825. Closeout audits.
32 C.F.R. § 22.825
Purpose. This section establishes DoD policy for obtaining audits at closeout of individual grants and cooperative agreements.
Policy. Grants officers shall use their judgment on a case-by-case basis, in deciding whether to obtain an audit prior to closing out a grant or cooperative agreement (i.e., there is no specific DoD requirement to obtain an audit prior to doing so). Factors to be considered include:
The amount of the award.
DoD's past experience with the recipient, including the presence or lack of findings of material deficiencies in recent:
Audits of individual awards; or
Systems-wide financial audits and audits of the compliance of the recipient's systems with Federal requirements, under OMB guidance in subpart F of 2 CFR part 200, where that guidance is applicable. (See § 22.715(a)(1)).
Notes, amendments, and revision history
Amendments
[63 FR 12164, Mar. 12, 1998, as amended at 85 FR 51244, Aug. 19, 2020]
Authority
Authority: 5 U.S.C. 301 and 10 U.S.C. 113.
Source
Source: 63 FR 12164, Mar. 12, 1998, unless otherwise noted.
Amendments
[63 FR 12164, Mar. 12, 1998, as amended at 85 FR 51244, Aug. 19, 2020]