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time , on Monday through Friday . "Agents " shall include , but not be limited to , auditors retained by the Department . ( 6 ) AUDIT REQUIREMENTS (a ) 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 funds under this Agreement . ( b ) These records shall be available at all reasonable times for inspection , review , or audit by state personnel and other personnel duly authorized by the Department. " 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 . (c ) The Recipient shall also provide the Department with the records , reports or financial statements upon request for the purposes of auditing and monitoring the funds awarded under this Agreement. (d ) If the Recipient is a nonstate entity as defined by Section 215 . 97 , Fla . Stat . , it shall comply with the following : In the event that the Recipient expends a total amount of State financial assistance equal to or in excess of $ 500 , 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 , Fla . Stat. ; applicable rules of the Executive Office of the Governor and the Comptroller; and Chapters 10 . 550 ( local government entities ) or 10 . 650 ( nonprofit and for-profit organizations ) , Rules of the Auditor General . EXHIBIT 1 to this Agreement indicates State financial assistance awarded through the Department 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 the Department, other state agencies , and other nonstate entities . State financial assistance does not include Federal direct or pass- through awards and resources received by a nonstate entity for Federal program matching requirements . In connection with the audit requirements addressed in this Paragraph 6 (d ) above , the Recipient shall ensure that the audit complies with the requirements of Section 215 . 97 (7 ) , Fla . Stat . This includes submission of a reporting package as defined by Section 215 . 97 (2 )(d ) , Fla . Stat . and Chapters 10 . 550 3