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DocuSign Envelope ID 56861973-E58E-4AEC-A8CO-F 4At69D2B - STATE OF FL.OPoDA DE'ARTMENT OF TRANSPORTATION Form 726-000-01 PUBLIC TRANSPORTATION STRATEGIC DEVELOPMENT GRANT AGREEMENT OGc 07122 Department staff and/or other procedures, including reviewing any required performance and f riancial reports, following up. ensuring corrective action, and issuing management decisions on weaknesses found through audits when those findings pertain to Federal awards provided through the Department by this Agreement. By entering into this Agreement, the Agency agrees to comply and cooperate fully with any monitoring procedures/processes deemed appropriate by the Department. The Agency further agrees to comply and cooperate with any inspections, reviews, investigations, or audits deemed necessary by the Department, State of Florida Chief Financial Officer (CFO, or State of Florida Auditor Genera. 4 b. The Agency, a non -Federal entity as defined by 2 CFR Part 200, Subpart F - Audit Requirements, as a subrecipient of a Federal award awarded by the Department through this Agreement. is subject to the following requirements i. In the event the Agency expends a total amount of Federal awards equal to or in excess of the threshold established by 2 CFR Part 200, Subpart F - Audit Requirements the Agency must have a Federal single or program -specific audit conducted for such fiscal year in accordance with the provisions of 2 CFR Part 200 Subpart F - Audit Requirements. Exhibit "H", Audit Requirements for Awards of Federal Financial Assistance, to this Agreement provides the required Federal award identification information needed by the Agency to further comply with the requirements of 2 CFR F*t 200, Subpart F Audit Requirements In determining Federal awards expended in a fiscal year, the Agency must consider all sources o` Federal awards based on when the activity related to the Federal award occurs, including the Federal award provided through the Department by this Agreement. The determination of amounts of Federal awards expended should be in accordance with the guidelines established by 2 CFR Part 200, Subpart F - Audit Requirements. An audit conducted by the State of Florida Auditor General in accordance with the provisions of 2 CFR Part 200.. Subpart F - Audit Requirements, will meet the requirements of this part. ii. In connection with the audit requirements, the Agency shall fuIfill the requirements relative to the auditee responsibilities as provided in 2 CFR Part 200, Subpart F - Audit Requirements. iii. In the event the Agency expends less than the threshold established byl CFR Part 200, Subpart F - Audit Requirements, in Federal awards, the Agency is exempt from Federal audit requirements for that fiscal year. However, the Agency must provide a single audit exemption statement to the Department at FDOTS ingleAudit(d-)dot.state flus no later than nine months after the end of the Agency's audit period for each applicable audit year. In the event the Agency expends less than the th,eshold established by 2 CFR Part 200. Subpart F - Audit Requirements, in Federal awards in a fiscal year and elects to have an audit conducted in accordance with the provisions of 2 CFR Part 200, Subpart F - Audit Requirements, the cost of the audit must be paid *OM non -Federal resources (i.e., the cost of such an audit must be paid from the Agency's resources obtained from other than Federal entities). iv. The Agency must electronically submit to the Federal Audit Clearinghouse (FAC) at httpsJ/harvester. census qov/facwebt the audit reporting package as required by 2 CFR Part 200 Subpart F - Audit Requirements, within the earlier of 30 calendar days after receipt of the auditor's report(s) or nine morths after the end of the audit period. The FAC is the repository of record for audits required by 2 GFR Part 200, Subpart F - Audit Requirements. However, the Department requires a copy of the audit reporting package also be submitted to F SirtaieAAt dot.state.fl.us within the earlier of 30 calendar days after receipt RW 0 i ruditoes report(s) or nine months atter the end of the audit period as required by, 20M Part 200, Subpart F--� Audit Requirements. Page 9 of 24 101