(a) The OAG may require a grantee to conduct or undergo
an annual audit of a grant based on applicable audit standards.
(b) A grantee must submit to the OAG copies of all
audit reports that a grantee undergoes, regardless of the purpose.
Such reports must be submitted to the OAG within 30 calendar days
of completion.
(c) OAG grant funds may only be used for the fair and
reasonable share of audit costs required by the OAG, in accordance
with applicable federal and state cost principles governing allowability
and allocation.
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