Contracting. Occasionally, awards are made by ETA regional offices. Award procedures will vary according to the purpose of the award. Deadlines: Unsolicited preapplications - none. Solicited proposals and applications - ETA will indicate applicable deadlines in the solicitation. Range of Approval/Disapproval Time: From 45 to 90 days. Appeals: None. 262 Renewals: Renewals are not automatic. ASSISTANCE CONSIDERATIONS: Formula and Matching Requirements: Not required by statute but may be administratively imposed for particular solicitations or groups of awards. In unsolicited proposals where in-kind or cash matching is proposed, the proposals should include documentation of the proposed match. Length and Time Phasing of Assistance: Awards usually cover a 1- year period. Payments to grantees or contractors are usually made by Letter of Credit procedures. POST ASSISTANCE REQUIREMENTS: Reports: Quarterly progress and financial reports are normally required. Audits: "In accordance with the provisions of OMB Circular No. A- 133 (Revised, June 24, 1997), Audits of States, Local Governments, and Non-Profit Organizations, nonfederal entities that receive financial assistance of $300,000 or more in Federal awards will have a single or a program-specific audit conducted for that year. Nonfederal entities that expend less than $300,000 a year in Federal awards are exempt from Federal
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