1. LawStack
  2. Title 2 - Grants and Agreements
  3. Subtitle B - Federal Agency Regulations for Grants and Agreements
  4. Chapter XI - Department of Defense
  5. Subchapter D - Administrative Requirements Terms and Conditions for Cost-Type Grants and Cooperative Agreements to Nonprofit and Governmental Entities
  6. Part 1128 - Recipient Financial and Program Management: General Award Terms and Conditions
  7. Subpart E - Non-Federal Audits (FMS Article V)
  8. 2 CFR § 1128.505
2 CFR § 1128.505
Content of FMS Article V
July 31, 2023
CFR

§ 1128.505 Content of FMS Article V.

(a) Requirement. A DoD Component's general terms and conditions must address audit requirements.

(b) Award terms and conditions —

(1) General. A DoD Component's general terms and conditions must include the wording appendix E to this part provides for FMS Article V.

(2) Exception. A DoD Component may reserve Section B of the wording in appendix E if there will be no subawards to for-profit entities under any award using those terms and conditions.

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§ 1128.500 Purpose of FMS Article V

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