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4. Grant Funds and Payment The approved Grant for the Grant Period is Thirty thousand <br /> dollars $30,000. The County agrees to reimburse the Recipient from such Grant <br /> 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 /> These reports should include but not limited to the number of unduplicated children <br /> served during the quarter, and the progress the agency has made toward meeting <br /> their goals and objectives as they stated in their RFP response. <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 their 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 County Commissioners and <br /> funding under this Contract will cease immediately. The foregoing termination right is <br /> in 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 /> 5.5 Insurance Requirements. Recipient shall, no later than October 1, 2017, provide <br /> to the Indian River County Risk Management Division a certificate or certificates <br /> issued by an insurer or insurers authorized to conduct business in Florida that is rated <br />