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DocuSign Envelope ID: F2D8E6EO-785F-4915-B181-AE7F98512D16 <br />STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION525x010-60 <br />STATE -FUNDED GRANT AGREEMENT PROGRAM MANAGEMENT <br />02119 <br />the Department by this Agreement. By entering into this Agreement, the Recipient agrees to comply and <br />cooperate fully with any monitoring procedures/processes deemed appropriate by the Department. The <br />Recipient further agrees to comply and cooperate with any inspections, reviews, investigations, or audits <br />deemed necessary. by the Department, the Department of Financial Services` (DFS) or the Auditor General. <br />b. T.he Recipient, a'nonstate entityas defined by Section 215.97(2)(n), Florida Statutes, as a recipient of'state <br />financial assistance awarded by the Department through this Agreement is subject to the following <br />requirements; <br />I. - In the event the; Recipient meets the audit threshold requirements established by Section 215.97, <br />Florida Statutes, the Recipient must have a State single or project -specific audit conducted ;for, such <br />fiscal year in accordance with Section 215.97, Florida Statutes; applicable rules of the Department <br />of Financial Services; and Chapters 10.550 (local governmental entities) or 10.650 (nonprofit and <br />for-profit organizations), Rules of the Auditor General. Exhibit "D" to this .Agreement indicates <br />state financial assistance awarded through the Department by this Agreement needed by the <br />Recipient to further. -comply with the requirements of Section 215.97, Florida Statutes. In <br />`determining the'state financial assistance expended in a fiscal year, the Recipient shall consider <br />all sources of state financial assistance, including state financial assistance received from the <br />Department by this Agreement, other state agencies and other nonstate entities: State financial <br />assistance does not include Federal direct or pass-through awards: and resources -received by a <br />nonstate entity for Federal program matching, requirements:. <br />ii. ' 1n connection with the audit: requirements, the Recipient shall ensure that the audit complies with <br />the requirements of Section 2.15.97(8), Florida Statutes. This includes submission of a financial <br />reporting package as defined by Section 215.97(2)(e) Florida Statutes, and Chapters 10.550 (local <br />governmental entities) or 10.650 (nonprofit and for-profit organizations), Rules of the Auditor <br />General. <br />iii. In the eventthe Recipient does not meet the audit threshold' requirements established by Section <br />215:97,,Flo6da Statutes, the Recipient is exempt for such fiscal year from the'statesingle audit <br />requirements of Section 215:97, Florida Statutes. However, the Recipient must provide a -single <br />audit exemption statement to the Department at FDOTSingleAudit@dot.state.fl,us' no later than <br />nine months after the end of the Recipient's audit petiod for each applicable audit year. In the event <br />the. Recipient does not meet :the audit threshold requirements established by Section 215.97, <br />Florida Statutes, in a fiscal year and elects to have an audit conducted in accordance with the <br />provisions of Section 215:97; Florida Statutes, the cost of the .audit must be paid from the <br />Recipient's resources (i.e., thecostof such an audit must.be:paid from the Recipient's resources' <br />obtained from other than State entities). <br />iv. In accordance with Chapters 10.550 (local governmental entities) or 10.650 (nonprofit and for-profit <br />organizations), Rules of the Auditor General, -copies of financial reporting packagesrequired by <br />this Agreement shall be submitted to <br />Florida Department of Transportation <br />Office of Comptroller, :MS'24 <br />605 Suwannee Street <br />Tallahassee, FL 32399.-0405 <br />Email: FDOTSIngieAuditO-dot state.fl.us <br />