Utah Admin. Code R907-66-8 - Consultant Financial Screening and Auditing

(1) To provide reasonable assurance that the Consultant's presented Indirect Cost Rates, hourly billing rates, and direct costs comply with FAR Part 31 and 2 CFR Part 200, the Department will conduct risk assessments, desk reviews, and audits as necessary for Consultants seeking to perform design professional, engineering, or engineering-related services for the Department.

(2) Consultants must submit their firm's Financial Screening Application, including required supporting documents, within 90 days of their most recent fiscal year-end or 180 days if the Consultant submits a Certified Public Accountant audit. The Department may grant an extension at its sole discretion.

(3) If the Division rejects a Consultant's financial screening as non-compliant, the Consultant may request reconsideration by submitting a written request to the Department's Office of Internal Audit before the end of seven calendar days after receiving notice that the Consultant's financial screening has been rejected. The Consultant must provide notice to the Division before filing the request for reconsideration. The written request must include a detailed explanation of the facts justifying the request for reconsideration.

(4) The Department's Office of Internal Audit may conduct an audit to determine compliance with the requirements of this rule.

Notes

Utah Admin. Code R907-66-8

Adopted by Utah State Bulletin Number 2019-8, effective 3/26/2019 Amended by Utah State Bulletin Number 2022-13, effective 6/21/2022