2 CFR 1128.500 - Purpose of FMS Article V.

Regulations last checked for updates: May 01, 2025

Title 2 - Grants and Agreements last revised: Jan 01, 1900

View all text of Subpart E [§ 1128.500 - § 1128.505]

§ 1128.500 - Purpose of FMS Article V.

FMS Article V of the general terms and conditions specifies requirements related to audits required under the Single Audit Act, as amended (31 U.S.C., chapter 75). The article thereby implements for grants and cooperative agreements the OMB guidance in Subpart F of 2 CFR part 200.

authority: 5 U.S.C. 301 and 10 U.S.C. 113.

source: 85 FR 51171, Aug. 19, 2020, unless otherwise noted.

cite as: 2 CFR 1128.500