Code of Federal Regulations (alpha)

CFR /  Title 32  /  Part 37  /  Sec. 37.665 Must I require nonprofit participants to have periodic

Yes, expenditure-based TIAs are assistance instruments subject to the Single Audit Act (31 U.S.C. 7501-7507), so nonprofit participants are subject to their usual requirements under that Act and OMB Circular A-133.\5\ Specifically, the requirements are those in:---------------------------------------------------------------------------

\5\ See footnote 2 to Sec. 37.635(a).---------------------------------------------------------------------------

(a) 32 CFR 33.26 for State and local governments; and

(b) 32 CFR 32.26 for other nonprofit organizations. Note that those requirements also are appropriate for Government-owned, contractor-operated (GOCO) facilities and Federally Funded Research and Development Centers (FFRDCs) that are excluded from the definition of ``recipient'' in 32 CFR part 32, because nonprofit GOCOs and FFRDCs are subject to the Single Audit Act.