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Oklahoma Administrative Code (Last Updated: March 11, 2021) |
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TITLE 150. Oklahoma Department of Commerce |
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Chapter 1. General Rules of Practice and Procedure |
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Subchapter 21. Audits |
SECTION 150:1-21-3. Applicability of various acts and rules; incorporation by reference
Latest version.
- (a) The Department is subject to the Act. It is the policy of the Department to comply with the provisions of the Act and Uniform Guidance for Federal Awards.(b) The applicability of the Act is as follows:(1) The provisions of the Act apply to contractors of federal funds administered by the Department as subrecipients under the Act and Uniform Guidance for Federal Awards. Contractors defined as state and local governments and non-profit organizations by the Act are independently subject to:(A) The Act;(B) Uniform Guidance for Federal Awards;(C) "Uniform Administrative Requirements for Grants and Cooperative Agreements to State and Local Governments" (Text of the "Common Rules for Contracts" beginning October 1, 1988 published in the "Federal Register", March 11, 1988); and(D) "Government Auditing Standards"; and(2) The provisions of the Act, the federal rules and regulations and OMB publications cited herein are hereby incorporated by reference.(c) Contractors are required as follows:(1) Contractors that are not subject to the Act shall be subject to audit requirements which conform to the requirements of these rules:(A) "Government Auditing Standards"; and(B) Uniform Guidance for Federal Awards.(2) The provisions of the Act, the federal rules and regulations, and OMB publications are hereby incorporated by reference.(d) Federal documents cited in the rules of this subchapter are published by the United States Government Printing Office, Superintendent of Documents, Washington, D.C. 20402-9325.(e) Municipalities shall comply with applicable provisions of Oklahoma law, including specifically, without limitation, 11 O.S. Section 17-105.(f) Counties shall comply with applicable provisions of Oklahoma law, including specifically, without limitation, 19 O.S. Sections 177.1 and 177.5.