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e-CFR data is current as of January 15, 2021

Title 15Subtitle BChapter IXSubchapter GPart 997Subpart C → §997.25


Title 15: Commerce and Foreign Trade
PART 997—REGIONAL INFORMATION COORDINATION ENTITIES
Subpart C—Certification and Application Requirements for a RICE


§997.25   Financial oversight.

(a) To become certified, a RICE must comply with all financial oversight requirements established by the Administrator, including requirement relating to audits.

(b) The application shall document compliance with the terms and conditions set forth in 2 CFR Part 215—Uniform Administrative Requirements for Grants and Agreements with Institutions of Higher Education, Hospitals, and Other Non-profit Organizations, Subpart C—Post Award Requirements. Subpart C prescribes standards for financial management systems, among others. (Compliance with this criterion can be demonstrated by referencing any existing grant, cooperative agreement, or contract the RICE has with NOAA.)

(c) The RICE shall document annually the RICE's operating and maintenance costs for all observing platforms and sensors, etc., owned and/or operated by the RICE. This information shall be made available to NOAA upon request.

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