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2005-342
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2005-342
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Last modified
8/11/2016 10:46:48 AM
Creation date
9/30/2015 9:19:40 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
10/11/2005
Control Number
2005-342
Agenda Item Number
7.K.
Entity Name
Department Community Affairs Indian River County School Board
Subject
State Funded Subgrant Agreement
Supplemental fields
SmeadsoftID
5226
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(4 ) MODIFICATION OF CONTRACT <br /> Either party may request modification of the provisions of this Agreement. Changes <br /> which are mutually agreed upon shall be valid only when reduced to writing , duly signed by each of the <br /> parties hereto , and attached to the original of this Agreement . <br /> ( 5 ) RECORDKEEPING <br /> ( a ) The Recipient shall retain sufficient records demonstrating its compliance with the <br /> terms of this Agreement , and the compliance of all subcontractors or consultants to be paid from funds <br /> provided under this Agreement , for a period of five years from the date the audit report is issued , and <br /> shall allow the Department or its designee , Comptroller, or Auditor General access to such records upon <br /> request . The Recipient shall ensure that audit working papers are made available to the Department or <br /> its designee , Comptroller, or Auditor General upon request for a period of five years from the date the <br /> audit report is issued , unless extended in writing by the Department , with the following exceptions : <br /> 1 . If any litigation , claim or audit is started before the expiration of the five year <br /> period and extends beyond the five year period , the records will be maintained until all litigation , claims or <br /> audit findings involving the records have been resolved . <br /> 2 . Records for the disposition of non-expendable personal property valued at <br /> $ 5 , 000 or more at the time of acquisition shall be retained for five years after final disposition . <br /> 3 . Records relating to real property acquisition shall be retained for five years <br /> after closing of title . <br /> ( b ) The Recipient shall maintain all records , for the Recipient and for all subcontractors <br /> or consultants to be paid from funds provided under this Agreement , including supporting documentation <br /> of all program costs , in a form sufficient to determine compliance with the requirements and objectives of <br /> the Scope of Work (Attachment A ) and all other applicable laws and regulations . <br /> (c) The Recipient, its employees or agents , including all subcontractors or consultants to <br /> be paid from funds provided under this Agreement , shall allow access to its records at reasonable times <br /> to the Department , its employees , and agents . " Reasonable" shall be construed according to the <br /> circumstances but ordinarily shall mean during normal business hours of 8 : 00 a . m . to 5 : 00 p . m . , local <br /> 2 <br />
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