OMB Circular A-133

When entities are funded on a reimbursement basis, program costs must be paid for by entity funds before reimbursement is requested from the Federal Government.

The Davis-Bacon Act requires that wages for "laborers and mechanics" employed by contractors (including subcontractors) of federally-funded construction in excess of $2,000 be paid in accordance wi

Equipment and real property management provides standards for the use and disposition of equipment and real property purchased with federal funds.

The A-133 compliance supplementⁱ describes 14 types of compliance requirements and related audit objectives and procedures to be considered in performing audits subject

Federal awards may specify a time period during which the non-federal entity may use the federal funds.

Income generated from a federal program must be recorded correctly and used as a deduction from outlays, as an addition to the project budget, or to meet matching requirements.

Special tests and provisions are the special provisions related to each federal program.