20 CFR 668.220 - What is meant by the
An organization has the “ability to administer funds” if it:
(b) Has not been found guilty of fraud or criminal activity which would affect the entity's ability to safeguard Federal funds or deliver program services;
(c) Can demonstrate that it has or can acquire the necessary program and financial management personnel to safeguard Federal funds and effectively deliver program services; and
Title 20 published on 2012-04-01
no entries appear in the Federal Register after this date.