North Carolina Administrative Code
Title 19A - TRANSPORTATION
Chapter 05 - ADMINISTRATION
Subchapter B - FISCAL
Section .0200 - AUDITS OF CONTRACTING PARTIES
Section 05B .0202 - PRE AWARD AUDIT: ACCOUNTING SYSTEM

Universal Citation: 19A NC Admin Code 05B .0202
Current through Register Vol. 39, No. 6, September 16, 2024

All contracting firms, agencies, or recipients of grants, except those whose contract was awarded as a result of the bidding process, state purchasing procedures, and those classified as local governments reporting under the Single Audit Act (Office of Management and Budget Circular A-128, "Audits of State and Local Governments"), shall allow their accounting systems to be reviewed by the External Audit Branch of the Department of Transportation in order that the auditors may determine that the accounting system is capable of segregating and maintaining costs applicable to the contract or agreement.

Authority G.S. 143-2; 143B-10(j);
Eff. July 1, 1978;
Amended Eff. December 1, 1993; November 1, 1991;
Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. October 24, 2015.

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