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U.S. Code of Federal Regulations
Regulations most recently checked for updates: Mar 26, 2026
All Titles
Title 32
Chapter I
Part 37
Subpart F - Subpart F—Award Terms Affecting Participants' Financial, Property, and Purchasing Systems
FINANCIAL MATTERS
§ 37.615 - What standards do I include for financial systems of for-profit firms?
§ 37.620 - What financial management standards do I include for participants that are nonprofit?
§ 37.625 - What cost principles or standards do I require for for-profit participants?
§ 37.630 - Must I require a for-profit firm to use Federally approved indirect cost rates?
§ 37.635 - What cost principles do I require a nonprofit participant to use?
§ 37.640 - Must I include a provision for audits of for-profit participants?
§ 37.645 - Must I require periodic audits, as well as award-specific audits, of for-profit participants?
§ 37.650 - Who must I identify as the auditor for a for-profit participant?
§ 37.655 - Must I specify the frequency of IPAs' periodic audits of for-profit participants?
§ 37.660 - What else must I specify concerning audits of for-profit participants by IPAs?
§ 37.665 - Must I require nonprofit participants to have periodic audits?
§ 37.670 - Must I require participants to flow down audit requirements to subrecipients?
§ 37.600 - Which administrative matters are covered in this subpart?
§ 37.605 - What is the general policy on participants' financial, property, and purchasing systems?
§ 37.610 - Must I tell participants what requirements they are to flow down for subrecipients' systems?
PROPERTY
§ 37.685 - May I allow for-profit firms to purchase real property and equipment with project funds?
§ 37.690 - How are nonprofit participants to manage real property and equipment?
§ 37.695 - What are the requirements for Federally owned property?
§ 37.700 - What are the requirements for supplies?
PURCHASING
§ 37.705 - What standards do I include for purchasing systems of for-profit firms?
§ 37.710 - What standards do I include for purchasing systems of nonprofit organizations?
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