shall be subject to the audit requirements contained in the Single Audit Act Amendments of l996 (31 U.S.C. 7501-7507). Commercial organizations shall be subject to the audit requirements as stipulated in the award document. Records: Documents, papers and financial records of grantees or subrecipients relating to the award are required to remain available to the Federal Government for 3 years from the date of submission of the final financial status report. FINANCIAL INFORMATION: Account Identification: 13-0201-0-1-376. Obligations: (Cooperative Agreements/Contracts) FY 99 $1,856,600; FY 00 est $1,150,000; and FY 01 est $1,150,000. Range and Average of Financial Assistance: $5,000 to $550,000; $101,664. PROGAM ACCOMPLISHMENTS: In fiscal year 1999, MBDA began implementing a program that will allow the agency to deliver program services through line telecommunications. This vehicle will enable the agency to provide management and technical assistance to business owners who lack access to an MBDC. MBDA has a home page on the World Wide Web through which it will disseminate business information. REGULATIONS, GUIDELINES, AND LITERATURE: 94 There are no applicable regulations in the Code of Federal Regulations (CFR). INFORMATION CONTACTS: Regional or Local Office: Contact the nearest Minority Business Development Agency Regional Office. Headquarters Office: Robert B. Hooks III, Chief, Office of Program
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