19A N.C. Admin. Code 5B.0203

Current through Register Vol. 39, No. 9, November 1, 2024

Section 05B .0203 - PRE-AWARD AUDIT: PROPOSED COSTS

Before a contract or agreement is executed, a pre-award audit may be performed by the External Audit Branch utilizing the historical costs of the proposing party to ascertain that the proposed charges are valid, reasonable, and allowable.

19A N.C. Admin. Code 05B .0203

Authority G.S. 143B-10(j); 143-2;
Eff. July 1, 1978;
Amended Eff. December 1, 1993;
Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. October 24, 2015.

Authority G.S. 143B-10(j); 143-2;
Eff. July 1, 1978;
Amended Eff. December 1, 1993.