Purpose of PROC Article III.

§ 1132.300 Purpose of PROC Article III. PROC Article III of the general terms and conditions specifies provisions that recipients must include in contracts under their awards, as applicable. It thereby: (a) Implements, in conjunction with PROC Articles I and II, OMB guidance concerning recipients' contract provisions under grants and cooperative agreements in 2 CFR 200.317 and 200.326; (b) Partially implements the OMB guidance in 2 CFR 200.205(d) and 200.213 concerning suspension and debarment requirements; and (c) Partially implements the OMB guidance in 2 CFR 200.517 concerning retention and access of auditors' records.