SECTION 150:1-21-8. Charges for audits

Latest version.

(a)   Contractors may charge audit fees in a reasonable proportional share unless in conflict with applicable federal requirements, when audits are conducted in accordance with the Act, Uniform Guidance for Federal Awards and the rule of this subchapter.
(b)   Contractors shall not charge audit fees for Department contracts when audits are not conducted in accordance with the Act, Uniform Guidance for Federal Awards and the rules of this subchapter.
(c)   Hospital contractors must conduct their audit in accordance with the rules of this subchapter and Uniform Guidance for Federal Awards in order to charge the audit fees to Department contracts.

[Source: Added at 9 Ok Reg 2709, eff 7-15-92; Amended at 18 Ok Reg 3495, eff 9-14-01; Amended at 33 Ok Reg 1278, eff 9-11-16]

                    
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