[Code of Federal Regulations]

[Title 45, Volume 4]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 45CFR1235.2]



[Page 89]

 

                        TITLE 45--PUBLIC WELFARE

 

       CHAPTER XII--CORPORATION FOR NATIONAL AND COMMUNITY SERVICE

 

PART 1235_LOCALLY GENERATED CONTRIBUTIONS IN OLDER AMERICAN VOLUNTEER 

PROGRAMS--Table of Contents

 

Sec. 1235.2  Implementation guidance.



    ACTION's implementation of section 224 of the DVSA is based on 

fundamental principles regarding the Congressional intent of the Section 

as well as the Executive Branch's policy on Federal financial assistance 

to grantees. These principles include:

    (a) That ACTION may not restrict grantees' use of excess 

contributions as long as those expenditures are ``not inconsistent'' 

with the Domestic Volunteer Service Act of 1973, as amended;

    (b) That grantees are to fully account for and document expenditures 

of non-Federal contributions, regardless of whether they are used to 

meet ACTION's local match requirement or are in excess of the 

requirement; and

    (c) That all expenditures in support of a Federal grant can be 

audited by the responsible Federal Agency or by independent auditors 

performing audits pursuant to OMB Circulars A-128 and A-133. Copies of 

OMB Circulars A-128 and A-133 are available at ACTION, 1100 Vermont 

Avenue, NW., Room 9200, Washington, DC 20525.