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DocuSign Envelope ID: 8DF53EAC-E3A84AA6-800'"-E86F4FIEC880 40111104, STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION form 7264-011"1 PU0W "C�POrr1'T^MW STRATEGIC N DEVELOPMENT ORA* AGREEM1tW OGC T'22 through the Department by this Agreement, Tby entering into this Agreement, the Agency agrees to comply and cooperate fully with any monitoring p4/processes deemed appropriate by the Department. The Agency further agrees to s»! cooperate with any inspections, reviews, investigations, of audits deemed necessary*- OVepartment, State of Florida Chief Financial Officer (CFO, or State of Flonda Auditor Gem{, b, The Agency, a non -Federal entity as defined by 2 IVIR Part 2W, Subpart F - Requirements, as a subrecipient of a Federal award awarded by the Department th** #0 Agreement, is subject to the following requirements: 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 "W', Audit Requirements for Awards of Federal Financial Assistance, to this Agreement provides the required Federal award identification information needed by the Agency la further comply with the requirements of 2 CFR Part 200, Subpart F - Audit Requirements. In determining Federal awards expended in a fiscal year, the Agency must consider all sources of Federal awards based an 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 S4100— f FlDnda Auditor General in accordance with the provisions of 2 CFR Parf 2W, Subpart F - Audit Requirements.. will meet the requirements of this part. ii. In connection with the audit requirements, the Agency shall fulfill 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 by 2 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 FDOTSincleAuditQdot.state.fl.us 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 threshold 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 oullof the audit must be paid from non -Federal resources (L&. OW cast of such an audj! t7flg be paid from the Agency's resources obtained irottt lit than Fed" entit*4 iv. The Agency must eiectronicaHy submit to the Federal Audit Clearinghouse (FAC"j at ht�s:/Marves�„er.census. aovffacweb/ the audit reporting package as required by 2 CFR Part, Subpart F -Audit Requirements, within the earlier of 30 calendar days after receipt of the auditor's report(s) or nine months after the end of the audit period. The FAC is the repository of record for audits required by 2 CFR Pildt 200, Subpart F -Audit Requirements. However, the Department requires a copy of the audit reporting package also be submitted to FDOTShyIeAudd&dot.state.fl.us within the earlier of 30 calendar days after receipt of the auditor's report(s) or nine months after the end of the audit period as required by 2 CFR Part 200, Subpart IF ., Audit Requirements. v, Within six months of acceptance of the audit report by the FACo, the Department will review the Agency's audit reporting package, including corrective action plans and 143