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FWC Agreement No. 13127 <br />shall cooperate with the Commission to facilitate the duplication and transfer of such records <br />upon the Commission's request. <br />D. Grantee Responsibility to Include Records Requirements - Subcontractors. In the event any <br />work is subcontracted'under this Agreement, the Grantee shall include the aforementioned audit <br />and record keeping requirements in all subsequent contracts. <br />E. Compliance with Federal Funding Accountability and Transparency. Any federal funds <br />awarded under this Agreement must comply with the Federal Funding Accountability and <br />Transparency Act (FFATA) of 2006. The intent of the FFATA is to empower every American <br />with the ability to hold the government accountable for each spending decision. The result is to <br />reduce wasteful spending in the government. The FFATA legislation requires that information on <br />federal awards (federal financial assistance and expenditures) be made available to the public via <br />a single, searchable website: www.USASpending gov Grant recipients awarded a new Federal <br />grant greater than or equal to $25,000 awarded on or after October 1, 2010 are subject to the <br />FFATA. The Grantee agrees to provide the information necessary, over the life of this <br />Agreement for the Commission to comply with this requirement. <br />24. FEDERAL AND FLORIDA SINGLE AUDIT ACT REQUIREMENTS. Pursuant to the FSAA (or Federal) <br />Vendor / Recipient Determination Checklist, the Grantee has been determined to be a recipient of state <br />financial assistance and/or a subrecipient of a federal award. Therefore, pursuant to Section 215.97, F.S. <br />and/or OMB Circular A-133, the Grantee may be subject to the audit requirements of the Florida and/or <br />Federal Single Audit Acts. If applicable, the Grantee shall comply with the audit requirements outlined in <br />Attachment C, "Requirements of the Federal and Florida Single Audit Acts," attached hereto and made a <br />part of the Agreement, as applicable. <br />25. NON -EXPENDABLE PROPERTY. <br />A. Non -Expendable Property Defined. For the requirements of this section of the Agreement, <br />`non -expendable property' is the same as ` property" as defined in Section 273.02, F.S. <br />(equipment, fixtures, and other tangible personal property of a non -consumable and <br />nonexpendable nature, with a value or cost of $1,000 or more, and a normal expected life of one <br />year or more; hardback -covered bound books that are circulated to students or the general public, <br />with a value or cost of $25 or more; and uncirculated hardback -covered bound books, with a <br />value or cost of $250 or more). <br />B. Title to Non -expendable Property Title (ownership) to all non -expendable property acquired <br />with funds from this Agreement shall be vested in the Commission and said property shall be <br />transferred to the Commission upon completion or termination of the Agreement unless otherwise <br />authorized in writing by the Commission or unless otherwise specifically provided for in <br />Attachment A, Scope of Work. <br />26. FEDERAL FUNDS. This Contract relies on federal funds, therefore, the following terms and <br />conditions apply: <br />A. Prior Approval to Expend Federal Funds to Federal Agency or Employee. The Grantee shall <br />be responsible for complying with all federal grant requirements as provided in its grant, a copy <br />of which is attached hereto and made a part hereof as Attachment D. It is understood and agreed <br />that the Grantee is not authorized to expend any federal funds under this Agreement to a federal <br />agency or employee without the prior written approval of the awarding federal agency. <br />Ver. October 15, 2013 Page 12 of 19 <br />