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Code of Federal Regulations Pertaining to U.S. Department of Labor |
| Labor |
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| Office of the Secretary of Labor |
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| Audit Requirements for Grants, Contracts and Other Agreements |
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| Audits of State and Local Governments and Indian Tribes |
29 CFR 96.11 - Purpose and scope of subpart.
- Section Number: 96.11
- Section Name: Purpose and scope of subpart.
The Single Audit Act of 1984 (Act), Public Law 98-502 builds upon
earlier efforts to improve audits of Federal aid programs. The Act
requires State and local governments and Indian tribes that receive
Federal assistance equal to or in excess of $100,000 a year to have an
audit made annually, or under certain circumstances, biennially.
Governmental units receiving between $25,000 and $100,000 annually may
follow either the audit requirements of the Act or those contained in
the Federal statutes and regulations under which such Federal assistance
is provided. OMB Circular A-128 was issued pursuant to section 7505 of
the Act, which requires the Director of the Office of Management and
Budget to issue implementing guidelines. It specifies that the
guidelines include procedures for the assignment of cognizant Federal
agencies, criteria for determining the appropriate charges to Federal
programs for the cost of audits and procedures to assure that small
business concerns and business concerns owned and controlled by socially
and economically disadvantaged individuals have the opportunity to
participate in contracts awarded to fulfill the single audit
requirements. This subpart implements the guidance provided in Circular
A-128 by establishing uniform audit requirements and policy for State
and local governments and Indian tribes that receive Federal assistance
from DOL.
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