Laserfiche WebLink
3 . Term The Recipient acknowledges and agrees that the Grant is limited to the fiscal <br /> year 2013/ 14 (" Grant Period " ) . The Grant Period commences on October 1 , 2013 and <br /> ends on September 30 , 2014 , <br /> 4 , Grant Funds and Payment The approved Grant for the Grant Period is Fifteen <br /> Thousand Dollars , $ 15 , 000 . 00, The County agrees to reimburse the Recipient from <br /> such Grant funds for actual documented costs incurred for Grant Purposes provided in <br /> accordance with this Contract. Reimbursement requests may be made no more <br /> frequently than monthly . Each reimbursement request shall contain the information , at <br /> a minimum , that is set forth in Exhibit " B " attached hereto and incorporated herein by <br /> this reference . All reimbursement requests are subject to audit by the County . In <br /> addition , the County may require additional documentation of expenditures , as it <br /> deems appropriate . <br /> 5 . Additional Obligations of Recipient. <br /> 5 . 1 Records , The Recipient shall maintain adequate internal controls in order to <br /> safeguard the Grant. In addition , the Recipient shall maintain adequate records fully <br /> to document the use of the Grant funds for at least three ( 3) years after the expiration <br /> of the Grant Period , The County shall have access to all books , records , and <br /> documents as required in this Section for the purpose of inspection or audit during <br /> normal business hours at the County' s expense , upon five ( 5 ) days prior written <br /> notice . <br /> 5 . 2 Compliance with Laws . The Recipient shall comply at all times with all applicable <br /> federal , state , and local laws , rules , and regulations . <br /> 5 . 3 Quarterly Performance Reports . The Recipient shall submit quarterly , cumulative , <br /> Performance Reports to the Human Services Department of the County within fifteen <br /> ( 15 ) business days following : December 31 , March 31 , June 30 , and September 30 . <br /> 5 . 4 Audit Requirements . If Recipient receives $ 100 , 000 or more in the aggregate from <br /> all Indian River County government funding sources , the Recipient is required to have <br /> an audit completed by an independent certified public accountant at the end of the <br /> Recipient' s fiscal year. Within 120 days of the end of the Recipient' s fiscal year, the <br /> Recipient shall submit the audit to the Indian River County Office of Management and <br /> Budget. The fiscal year will be as reported on the application for funding , and the <br /> Recipient agrees to notify the County prior to any change in the fiscal period of <br /> Recipient . The Recipient acknowledges that the County may deny funding to any <br /> Recipient if an audit required by this Contract for a prior fiscal year is past due and has <br /> not been submitted by May 1 , <br /> 5 . 4 . 1 The Recipient further acknowledges that, promptly upon receipt of a qualified <br /> opinion from it' s independent auditor, such qualified opinion shall immediately be <br /> provided to the Indian River County Office of Management and Budget. The qualified <br /> opinion shall thereupon be reported to the Board of Commissioners and funding <br /> under this Contract will cease immediately . The foregoing termination right is in <br /> addition to any other right of the County to terminate this Contract. <br /> 5 . 4 . 2 The Indian River County Office of Management and Budget reserves the right <br /> at any time to send a letter to the Recipient requesting clarification if there are any <br /> questions regarding a part of the financial statements , audit comments , or notes . <br /> 2 - <br />