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r-7 i ATTACHMENT C Based on and excerpted from - 50 CPR, Part 80* (Code of Federal Regulations) *As modified by the Department (DEP) ACQUISITION OF REAL PROPERTY Pursuant to the provisions of 5o CFR, Part 80, (Code of Fedcral Regutation) real property acquired or constructed with Federal Aid funds must continue to serve the pltrposc for which acquired or constructed. In the event that such property is no longer »Ceded or useful for its original purpose, the property shall be used or disposed of as provided by Attachment N of OMB Circular A-102 and OMB Circular A-110, as applicable. ALLOWABLE COSTS All costs shall be supported by source documents or other records as necessary to substantiate the application of funds. Such documentation and records are subject to review by tele Secretary of lire Interior/and or the DEP or its authorized representatives to determine the allowability of costs. AUDITS The Contractor is required to conduct an audit at least every two years in accordance with the provisions orAttachment P of OMB Circular A-102 and OMB Circol,ar A-1 l0, as applicable. Failurc to conduct audits as required may result in lvitllholding of grant pnytllcnts or such other sanctions as the Secreuiry may deem appropriate. Audits conducted under this provision shall be in accordance with generally accepted auditing standards and with established procedures and guidelines of the revic%viing nr alldil �gency(ies). ACCESS TO RECORDS The Contractor shall maintain current and complete financial, property anti proctlrenaent records in accordance with requirements contained in lite Federal Aid Manual. an<t OMB Circular A-102 and OMB Circular A-110, as applicable. The DES, State of Florida, or any other authorized agcncy(ies) or any of their authorized representatives shall have access to all such books, records, documents and other evidence for the purpose orillspectiotl, audit and copying during normal business hours. The Colliraclor will provide f;lcilitics for such access and inspection. (a) Financial, supporting documcnts, and all other records pcilinent to a project shall be retained for a period of three years after submission of the final expenditure report oil lite project, if any litigatiolt, claim, or audit was started berpra lite expiration of the three-year period, lite recordsshall be retained until (lie resolution is completed, Records for non -expendable property shall be retained ror a period of three years following final disposition of the property, DEV Contract Ititr. OFNIAS-122 Altatfinrcnt C page 102