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All contact and correspondence from FCT to the Recipient will be through the key contact. The Recipient must notify the FCT as to any change in the authorization of the key contact on behalf of the Recipient named abovc . This notification must be made in writing to the Executive Director and signed by the appropriate authorized administrator, officer, or employe or named in paragraph 111 . 4 . below . 14 . This Agreement may be amended at any time and must be set forth in a written instrument and agreed to by both the FCT and the Recipient . Such amendments shall become a part of this Agreement . II . AUDIT REQUIREMENTS Section 215 . 97 , Florida Statutes , the Florida Single Audit Act , provides uniform state audit requirements for state financial assistance provided by state agencies over the audit threshold as defined in that Section as follows : 1 . The Recipient agrees to maintain financial procedures and support documents, in accordance with generally accepted accounting principles , to account for the receipt and expenditure of fonds under this Agreement . 2 . These records shall be available at all reasonable times for inspection , review, or audit by state personnel and other personnel duly authorized by FCT. " Reasonable " shall be construed according to circumstances, but ordinarily shall mean normal business hours of 8 : 00 a . m . to 5 : 00 p . m. , local time, Monday through Friday. 3 . The Recipient shall also provide FCT with the records , reports or financial statements upon request for the purposes of auditing and monitoring the funds awarded under this Agreement . 4 . In the event that the Recipient expends a total amount of State financial assistance from all state sources equal to or in excess of $ 300 , 000 in any fiscal year of such Recipient, the Recipient must have a State single or project-specific audit for such fiscal year in accordance with Section 215 . 97 , Florida Statutes ; applicable rules of the Executive Office of the Governor and the Comptroller, and Chapter 10 . 600 , Rules of the Auditor General . Section I . 7 . above indicates State financial assistance through FCT by this Agreement . In determining the State financial assistance expended in its fiscal year, the Recipient shall consider all sources of State financial assistance, including State funds received from FCT, except that State financial assistance received by a non - state entity for Federal program matching requirements shall be excluded from consideration . The funding for this Agreement was received by FCT as a grant appropriation . 03-084- FF3 November 18, 2003 Reimbursement Acquisition -6-