§ 7832. Authorization to Accept Funds for Audits for Federal Agencies

TITLE 1: GOVERNMENT DIVISION 7: PLANNING, BUDGETING AND AUDITING § 7832. Authorization to Accept Funds for Audits for Federal Agencies. (a) The Public Auditor may enter into agreements or contracts for the federal government, federal agencies, or Commonwealth agencies, acting in their behalf, for the purpose of conducting mutual financial audits of programs funded in whole or in part by the federal government and carried out by agencies of the Commonwealth government. (b) Applications for grants, except where prohibited by law or the provisions of the grant, shall include a request for funds adequate to accomplish the objec- tives of grant proposal, including monies to pay for the audit or audits of the financial transactions as required by law or the provisions of the grant. Monies budgeted for auditing a grant shall not be used for any other purpose. (c) Costs shall be charged at rates established by the Public Auditor and all amounts received on account of those charges shall be deposited with the Treasurer of the Commonwealth in a special account in the General Fund and may be expended without further appropriation solely by the Public Auditor for the operations and activities of the office of the Public Auditor. (d) The term of employment of any individual or firm hired by the Public Auditor under the provisions of this section shall be expressly limited in duration by the availability of federal funds and shall expire on the date of expiration of the federal funds. Source: PL 3-91, § 301.


Source: CNMI Law Revision Commission