North Carolina Administrative Code
Title 19A - TRANSPORTATION
Chapter 05 - ADMINISTRATION
Subchapter B - FISCAL
Section .0200 - AUDITS OF CONTRACTING PARTIES
Section 05B .0203 - PRE-AWARD AUDIT: PROPOSED COSTS
Universal Citation: 19A NC Admin Code 05B .0203
Current through Register Vol. 39, No. 6, September 16, 2024
Before a contract or agreement is executed, a pre-award audit may be performed by the External Audit Branch utilizing the historical costs of the proposing party to ascertain that the proposed charges are valid, reasonable, and allowable.
Authority
G.S.
143B-10(j);
143-2;
Eff. July 1,
1978;
Amended Eff. December 1, 1993;
Pursuant to
G.S.
150B-21.3A, rule is necessary without
substantive public interest Eff. October 24,
2015.
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