• United States Code
    • TITLE 31 - MONEY AND FINANCE
      • SUBTITLE V - GENERAL ASSISTANCE ADMINISTRATION
        • CHAPTER 75 - REQUIREMENTS FOR SINGLE AUDITS
          • Section 7504
            • Section 7504. Federal agency responsibilities and relations with non-Federal entities


(a) Each Federal agency shall, in accordance with guidance issued by the Director under section 7505, with regard to Federal awards provided by the agency - (1) monitor non-Federal entity use of Federal awards, and (2) assess the quality of audits conducted under this chapter for audits of entities for which the agency is the single Federal agency determined under subsection (b). (b) Each non-Federal entity shall have a single Federal agency, determined in accordance with criteria established by the Director, to provide the non-Federal entity with technical assistance and assist with implementation of this chapter. (c) The Director shall designate a Federal clearinghouse to - (1) receive copies of all reporting packages developed in accordance with this chapter; (2) identify recipients that expend $300,000 or more in Federal awards or such other amount specified by the Director under section 7502(a)(3) during the recipient's fiscal year but did not undergo an audit in accordance with this chapter; and (3) perform analyses to assist the Director in carrying out responsibilities under this chapter.





PEO7.com 23945 Calabasas Rd. Suite 106, Calabasas, CA 91302 818-222-4572 cs@peo7.com
SiteMap | PEO | Exploring the Possibilities | What is Employee Leasing | Why use a Peo | Free Advice | Benefits to Employees
Responsibilities of PEO | Benefit Package | HR Management | Pre-Employment Screening | The Issue of Control
Future of PEO | Request For Proposal (RFP) Contact Us | Peo Resources | Terms of Service | FAQ