72-2-113 - Rulemaking for cost limitations on contracts -- Auditing for compliance -- Federal accounting and audit standards. - Utah Statutes

72-2-113. Rulemaking for cost limitations on contracts -- Auditing for compliance-- Federal accounting and audit standards.
(1) In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, thedepartment may make rules for determining the allowability of costs included in contractsentered into by the department for engineering and design services. The rules shall comply withthe provisions of 23 U.S.C. Section 112.
(2) The department may require a provider of engineering or design services to submitannual audits or to submit to audits to determine compliance with the rules made underSubsection (1). The audits may not be duplicative of federal audits under the Federal AcquisitionRegulations System, 48 C.F.R. Part 31.
(3) All engineering and design contracts and subcontracts entered into by the departmentshall be accounted for and audited in compliance with the Federal Acquisition RegulationsSystem, 48 C.F.R. Part 31.

Amended by Chapter 382, 2008 General Session