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( 4 ) MODIFICATION OF CONTRACT Either party may request modification of the provisions of this Agreement. Changes which are agreed upon shall be valid only when in writing, signed by each of the parties , and attached to the original of this Agreement . ( 5 ) RECORDKL' EPING (a) As applicable , Recipient' s performance under this Agreement shall be subject to the federal OMB Circular No . A - 102 , " Common Rule : Uniform Administrative Requirements for Grants and Cooperative Agreements to State and Local Governments " (53 Federal Register 8034 ) or 2 CFR 215 , " Uniform Administrative Requirements for Grants and Agreements with Institutions of Higher Education , Hospitals, and Other Nonprofit Organizations , " and either 2 CFR 225 , " Cost Principles for State , Local and Indian Tribal Governments , " 2 CFR 220 , " Cost Principles for Educational Institutions, " or 2 CFR 230 , " Cost Principles for Non- Profit Organizations . " (b) The Recipient shall retain sufficient records to show its compliance with the terms of this Agreement, and the compliance of all subcontractors or consultants paid from funds under this Agreement, for a period of six years from the date the audit report is issued , and shall allow the Department or its designee , the State Chief Financial Officer or the State Auditor General access to the records upon request. The Recipient shall ensure that audit working papers are available to them upon request for a period of six years from the date the audit report is issued , unless extended in writing by the Department . The six year period may be extended for the following exceptions : 1 . If any litigation , claim or audit is started before the six year period expires, and extends beyond the six year period , the records shall be retained until all litigation , claims or audit findings involving the records have been resolved . 2 . Records for the disposition of non -expendable personal property valued at $ 5 ,000 or more at the time it is acquired shall be retained for six years after final disposition . 3 . Records relating to real property acquired shall be retained for six years after the closing on the transfer of title . (c ) The Recipient shall maintain all records for the Recipient and for all subcontractors or consultants to be paid from funds provided under this Agreement, including documentation of all program costs , in a form sufficient to determine compliance with the requirements and objectives of the Program Budget - Attachment A - and all other applicable laws and regulations . ( d ) The Recipient, its employees or agents , including all subcontractors or consultants to be paid from funds provided under this Agreement, shall allow access to its records at reasonable times to the Department, its employees , and agents . " Reasonable" shall ordinarily mean during normal business hours of 8 : 00 a . m . to 5 : 00 p . m . , local 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 « enerally accepted accounting principles , to account for the receipt and expenditure of funds under this Agreement . Rev . 10 / 3 /22011