SECTION 3.2603. Audits Not Performed by PSO or OCM

(a) Grantees must have audits performed in accordance with the requirements set forth in 2 CFR Part 200, Subpart F concerning Audit Requirements, and the State Single Audit requirements issued under UGMS.

(b) Grantees that meet the Single Audit requirements as set forth in either 2 CFR Part 200, Subpart F concerning Audit Requirements, or the State Single Audit requirements issued under UGMS, must submit to OCM a Single Audit reporting package within 30 calendar days of receiving the Single Audit report from the independent auditor or nine months after the end of the audit period, whichever is earlier.

(c) Grantees who are not required to have a Single Audit for any fiscal year in which the OOG award was made or expended, must submit a Certification of Single Audit Reporting Requirement Exemption form to OCM within 60 calendar days of the end of the grantee's fiscal year.

(d) All other audits performed by auditors independent of PSO or OCM must be maintained at the grantee's administrative offices and made available upon request. Grantees must notify PSO of any audit results that may adversely impact grant funds.

Source Note: The provisions of this §3.2603 adopted to be effective February 24, 2000, 25 TexReg 1297; amended to be effective December 16, 2002, 27 TexReg 11729; amended to be effective October 13, 2003, 28 TexReg 8873; amended to be effective June 9, 2004, 29 TexReg 5575; amended to be effective June 21, 2009, 34 TexReg 3925; amended to be effective May 9, 2012, 37 TexReg 3389; amended to be effective January 1, 2015, 39 TexReg 10393; amended to be effective April 27, 2021, 46 TexReg 2709