2 CFR 1128.505 - Content of FMS Article V.

Regulations last checked for updates: Nov 24, 2024

Title 2 - Grants and Agreements last revised: Jan 01, 1900

View all text of Subpart E [§ 1128.500 - § 1128.505]

§ 1128.505 - Content of FMS Article V.

(a) Requirement. A DoD Component's general terms and conditions must address audit requirements.

(b) Award terms and conditions—(1) General. A DoD Component's general terms and conditions must include the wording appendix E to this part provides for FMS Article V.

(2) Exception. A DoD Component may reserve Section B of the wording in appendix E if there will be no subawards to for-profit entities under any award using those terms and conditions.

authority: 5 U.S.C. 301 and 10 U.S.C. 113.

source: 85 FR 51171, Aug. 19, 2020, unless otherwise noted.

cite as: 2 CFR 1128.505