10 C.F.R. § 603.1295   Periodic audit.


Title 10 - Energy


Title 10: Energy
PART 603—TECHNOLOGY INVESTMENT AGREEMENTS
Subpart J—Definitions of Terms Used in this Part

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§ 603.1295   Periodic audit.

An audit of a participant, performed at an agreed-upon time (usually a regular time interval), to determine whether the participant as a whole is managing its Federal awards in compliance with the terms of those awards. Appendix A to this part describes what such an audit may cover. A periodic audit of a participant differs from an award-specific audit of an individual award (as defined in §603.1220).

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