{"data":{"id":"us/49-cfr-29.506","jurisdiction":"us","citation":"49 CFR 29.506","heading":"What standards apply to a Tribe's financial management systems when carrying out a compact and funding agreement?","body":"The following standards apply to a Tribe's financial management systems when carrying out a compact and funding agreement:\n(a) The system must expend and account for funds included in a funding agreement in accordance with:\n(1) The compact and funding agreement;\n(2) All statutory requirements applicable to the funding source; and\n(3) Applicable provisions of 2 CFR part 200.\n(b) The fiscal control and accounting procedures of a Tribe's financial management system must be sufficient to:\n(1) Permit the preparation of reports required by applicable Federal law, the compact, funding agreement, and this part; and\n(2) Permit the tracing of program or project funds to a level of expenditure adequate to establish that the funds have not been used in violation of any restrictions or prohibitions contained in any statute or provision of 2 CFR part 200 that applies to the funds included in the compact and funding agreement.","path":["Title 49—Transportation","Subtitle A—Office of the Secretary of Transportation","PART 29—TRIBAL TRANSPORTATION SELF-GOVERNANCE PROGRAM","Subpart F—Program Operations"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-49.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:26:34Z","sha256":"1cad8f0c8518fb03b39b6c96157c1736cc378772673025da356e86aa7de63f39","source_id":"us-cfr","stale":true,"prev":"us/49-cfr-29.505","next":"us/49-cfr-29.507"},"notice":"GroundRules: Original legal text. Not legal advice."}