CFR > Title 32 - National Defense > SUBTITLE A—Department of Defense > CHAPTER I—OFFICE OF THE SECRETARY OF DEFENSE (parts 1 to 399) > SUBCHAPTER C—DoD GRANT AND AGREEMENT REGULATIONS (Parts 21–37) > PART 37—TECHNOLOGY INVESTMENT AGREEMENTS > SUBPART F—Award Terms Affecting Participants' Financial, Property, and Purchasing Systems (§37.600 to §37.710) > 37.665—Must I require nonprofit participants to have periodic audits?

37.665—Must I require nonprofit participants to have periodic audits?

Yes, expenditure-based TIAs are assistance instruments subject to the Single Audit Act (31 U.S.C. 7501-750 7), so nonprofit participants are subject to their usual requirements under that Act and OMB Circular A-133. 5 Specifically, the requirements are those in:

Code of Federal Regulations

Footnote(s): 5 See footnote 2 to § 37.635(a) .
(a) 32 CFR 33.26 for State and local governments; and
(b) 32 CFR 32.26 for other nonprofit organizations. Note that those requirements also are appropriate for Government-owned, contractor-operated (GOCO) facilities and Federally Funded Research and Development Centers (FFRDCs) that are excluded from the definition of “recipient” in 32 CFR part 32, because nonprofit GOCOs and FFRDCs are subject to the Single Audit Act.