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4 .4 If all required reports and copies are not submitted to COUNTY or are not completed in a <br /> manner acceptable to COUNTY, COUNTY may withhold further payments until they are <br /> completed or may take other action as stated in Paragraph 7 .2-B REMEDIES . <br /> " Acceptable to COUNTY" means that the work product was completed in accordance <br /> with the Appendix A, Scope of Services, and Appendix F, Budget. <br /> 4. 5 DEVELOPER shall provide additional program updates or information that may be <br /> required by DEPARTMENT and/or COUNTY . <br /> 4 . 6 DEVELOPER shall provide additional reporting information required to complete the <br /> reports identified in Appendices J, K, and L. <br /> 4 . 7 DEVELOPER shall submit to COUNTY complete financial accounting for the funds <br /> expended by DEVELOPER and reimbursed by COUNTY on the project. Such financial <br /> accounting shall be submitted to COUNTY within thirty (30) calendar days after <br /> completion of the project and receipt of DEVELOPER' s final payment for the grant. <br /> 4 . 8 DEVELOPER shall submit to the COUNTY on an annual basis a pro forma and a tenant <br /> income verification form for each property acquired by the DEVELOPER utilizing NSP <br /> funding . <br /> ARTICLE V - AUDIT REQUIREMENTS <br /> 5 . 1 DEVELOPER agrees to maintain financial procedures and support documents, in <br /> accordance with generally accepted accounting principles, to account for the receipt and <br /> expenditure of funds under this Agreement. <br /> 5 . 2 These records shall be available at reasonable times for inspection, review, or audit by <br /> state personnel and other personnel authorized by DEPARTMENT and/or COUNTY. <br /> "Reasonable " shall ordinarily mean normal business hours of 8 : 00 a.m. to 5 : 00 p.m. , local <br /> time, Monday through Friday . <br /> 5 . 3 DEVELOPER shall provide DEPARTMENT and/or COUNTY with the records, reports <br /> or financial statements upon request for the purposes of auditing and monitoring the <br /> funds awarded under this Agreement. <br /> 5 .4 If DEVELOPER is a State or local government, a non-profit organization or a Local <br /> Authority as defined in OMB Circular A433 , as revised, and in the event that <br /> DEVELOPER expends $ 500,000 or more in Federal awards in its fiscal year, <br /> DEVELOPER must have a single or program-specific audit conducted in accordance <br /> with the provisions of OMB Circular A433 , as revised. Appendix F to this Agreement <br /> shows the Federal resources awarded through DEPARTMENT by this Agreement . In <br /> determining the Federal awards expended in its fiscal year, DEVELOPER shall consider <br /> all sources of Federal awards, including Federal resources received from <br /> DEPARTMENT . The determination of amounts of Federal awards expended should be <br /> in accordance with the guidelines established by OMB Circular A433 , as revised. An <br /> 6 <br />