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4. Grant Funds and Payment The approved Grant for the Grant Period is Forty Thousand dollars - $40,000. The County agrees to reimburse the Recipient from such Grant funds for actual documented costs incurred for Grant Purposes provided in accordance with this Contract. Reimbursement requests may be made no more frequently than monthly. Each reimbursement request shall contain the information, at a minimum, that is set forth in Exhibit "B" attached hereto and incorporated herein by this reference. All reimbursement requests are subject to audit by the County. In addition,. the County may require additional documentation of expenditures, as it deems appropriate. 5. Additional Obligations of Recipient. 51 Records. The Recipient shall maintain adequate internal controls in order to safeguard the Grant. In addition, the Recipient shall maintain adequate records fully to document the use ofthe Grant funds for atleast three CByears after the expiration of the Grant Period. The County shall have aooeoo to all books, neoomdo, and documents as required in this Section for the purpose of inspection oraudit during nonne| business hours at the County's expense, upon five (5) days prior vvhUan 5.2 Compliance with Laws. The Recipient shall comply at all times with all applicable federal, state, and local laws, rules, and regulations. 5.3 Quarterly Performance Reports. The Recipient shall submit quarterly, cumulative, Performance Reports bzthe Human Services Department of the County within fifteen /15\ business days following: December 31, March 31, June 30. and September 30. These reports should include but not limited to the number ofunduplicated children served during the quarter, and the progress the agency has made toward meeting their goals and objectives aothey stated in their RFP response. 54 Audit Requirements. If Recipient receives $100,000 or more in the aggregate from all Indian River County government funding sources, the Recipient is required to have an audit completed by an independent certified public accountant at the end of the Recipient's fiscal year. Within 120 days of the end of the Recipient's fiscal year, the Recipient shall submit the audit to the Indian River County Office of Management and Budget. The fiscal year will be as reported on the application for funding, and the Recipient agrees to notify the County prior to any change in the fiscal period of Recipient. The Recipient acknowledges that the County may deny funding to any Recipient if an audit required by this Contract for a prior fiscal year is past due and has not been submitted by May 1. 5.4.1 The Recipient further acknowledges that, promptly upon receipt,of a qualified opinion from their independent auditor, such qualified opinion shall immediately be provided to the Indian River County Office of Management and Budget. The qualified opinion shall thereupon be reported to the Board of County Commissioners and funding under this Contract will cease immediately. The foregoing termination right is in addition to any other right of the County to terminate this Contract. 5�.2 The Indian River Office of Management and Budget reserves the right edany time tosend mletter to the Recipient requesting clarification ifthere are any questions regarding a part of the financial statements, audit comments, or notes. 5.5 Insurance Requirements. Recipient shall, no later than October 1, 2018, provide