Federal and State Award Standards-2018 Update.docx

The document outlines the standards and procedures that the Port of Everett must adhere to in managing Federal awards. It emphasizes the importance of maintaining internal controls to ensure compliance with Federal regulations and award terms. Key points include the certification process for authorized personnel, requirements for cost sharing or matching funds, criteria for allowable costs, procurement methods and thresholds, contract requirements, code of conduct policies, adherence to the Single Audit Act, and guidelines for the period of performance for projects.