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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 36 - Parks, Forests, and Public Property |
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Chapter XII - National Archives and Records Administration |
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SubChapter A - General Rules |
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Part 1206 - National Historical Publications and Records Commission |
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Subpart D - State Records Program |
§ 1206.79 - Audits.
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Grantees are responsible for obtaining audits in accordance with either the Single Audit Act of 1984 (31 U.S.C. 7501-7), for which audit requirements have been set forth in Office of Management and Budget (OMB) Circular A-128, “Audits of State and Local Governments,” or requirements established under OMB Circular A-133, “Audits of Institutions of Higher Education and Other Nonprofit Organizations,” as appropriate. Copies are available from the Commission office or from OMB. The grantee is responsible for ensuring that the NHPRC receives a copy of the audit report for any audit performed during the grant period or for three years thereafter. A reasonable portion of grant funds, as defined in the OMB Circular, may be used to comply with audit requirements. The Commission prefers that the grantee assume such costs as institutional cost sharing.