The contractor has not fulfilled the audit requirement until TDA determines that the audit is acceptable:
  (1) according to the requirements of the Single Audit Act; 7 CFR Part 3052 for non-profit organizations or public entities; or
  (2) according to 7 CFR §226.8 and TDA Handbooks for for-profit organizations.

Source Note: The provisions of this §25.172 adopted to be effective January 11, 2011, 36 TexReg 37