Tribal
TANF and CCDF Guide to Financial Management, Grants Administration,and
Program Accountability
Table of Contents (This document is also available in PDF and Word format.)
5. Procurement/Property RequirementsContract RequirementsA contract is defined as a legally binding agreement entered into by two parties for the purpose of purchasing goods or services. Federal regulations found at 45 CFR 92.36(i) detail provisions which must be included in all contracts which require payment by Federal funds. Grantees must have a contract administration system in place to monitor contractor adherence to contract terms, specifications, and conditions. Contract award should follow the agency procurement policies and procedures. For example, threshold levels for bids, sole source requirements, and other stipulations must be adhered to. << Previous Page | Table of Contents | Property Management >> |