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The County agrees to reimburse the Recipient from such Grant funds for actual documented <br />costs incurred for Grant Purposes provided in accordance with this Contract. Reimbursement <br />requests may be made no more frequently than monthly. Each reimbursement request shall <br />contain the information, at a minimum, that is set forth in Exhibit "B" attached hereto and <br />incorporated herein by this reference. All reimbursement requests are subject to audit by the <br />County. In 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 safeguard <br />the Grant. In addition, the Recipient shall maintain adequate records fully to document the <br />use of the Grant funds for at least three (3) years after the expiration of the Grant Period. <br />The County shall have access to all books, records, and documents as required in this <br />Section for the purpose of inspection or audit during normal business hours at the County's <br />expense, upon five (5) days prior written notice. <br />5.2 Compliance with Laws. The Recipient shall comply at all times with all applicable federal, <br />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 (15) <br />business days following: December 31, March 31, June 30, and September 30. These reports <br />should include but not limited to the number of unduplicated children served during the quarter, <br />and the progress the agency has made toward meeting their goals and objectives as they <br />stated in their RFP response. <br />5.4 Audit Requirements. If Recipient receives $100,000 or more in the aggregate from all <br />Indian River County government funding sources, the Recipient is required to have an audit <br />completed by an independent certified public accountant at the end of the Recipient's fiscal <br />year. Within 180 days of the end of the Recipient's fiscal year, the Recipient shall submit the <br />audit to the Indian River County Office of Management and Budget. The fiscal year will be as <br />reported on the application for funding, and the Recipient agrees to notify the County prior to <br />any change in the fiscal period of Recipient. The Recipient acknowledges that the County <br />may deny funding to any Recipient if an audit required by this Contract for a prior fiscal year <br />is past due and has not been submitted by May 1. <br />5.4.1 The Recipient further acknowledges that, promptly upon receipt of a qualified opinion <br />from their independent auditor, such qualified opinion shall immediately be provided to the <br />Indian River County Office of Management and Budget. The qualified opinion shall thereupon <br />be reported to the Board of County Commissioners and funding under this Contract will cease <br />immediately. The foregoing termination right is in addition to any other right of the County to <br />terminate this Contract. <br />5.4.2 The Indian River County Office of Management and Budget reserves the right at any <br />time to send a letter to the Recipient requesting clarification if there are any questions <br />regarding a part of the financial statements, audit comments, or notes. <br />5.5 Insurance Requirements. Recipient shall, no later than October 1, 2022, provide to the <br />Indian River County Risk Management Division a certificate or certificates issued by an insurer <br />or insurers authorized to conduct business in Florida that is rated not less than category A-: VII <br />by A.M. Best, subject to approval by Indian River County's risk manager, of the following types <br />and amounts of insurance: <br />