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documents as required in this Section for the purpose of inspection or audit during <br /> normal business hours at the County's expense, upon five (5) days prior written <br /> notice. <br /> 5.2 Compliance with Laws: The Recipient shall comply at all times with all applicable <br /> federal, state, and local laws, rules, and regulations. <br /> 5.3 Audit Requirements: If Recipient receives $100,000 or more in the aggregate from <br /> all Indian River County government funding sources, the Recipient is required to have <br /> an audit completed by an independent certified public accountant at the end of the <br /> Recipient's fiscal year. Within 180 days of the end of the Recipient's fiscal year, the <br /> Recipient shall submit the audit to the Indian River County Office of Management and <br /> Budget. The fiscal year will be as reported on the application for funding, and the <br /> Recipient agrees to notify the County prior to any change in the fiscal period of <br /> Recipient. The Recipient acknowledges that the County may deny funding to any <br /> Recipient if an audit required by this Contract for a prior fiscal year is past due and has <br /> not been submitted by May 1. <br /> 5.3.1 The Recipient further acknowledges that, promptly upon receipt of a qualified <br /> opinion from their independent auditor, such qualified opinion shall immediately be <br /> provided to the Indian River County Office of Management and Budget. The qualified <br /> opinion shall thereupon be reported to the Board of County Commissioners and <br /> funding under this Contract will cease immediately. The foregoing termination right is <br /> in addition to any other right of the County to terminate this Contract. <br /> 5.3.2 The Indian River County Office of Management and Budget reserves the right <br /> at any time to send a letter to the Recipient requesting clarification if there are any <br /> questions regarding a part of the financial statements, audit comments, or notes. <br /> 5.4 Reserved <br /> 5.5 Reserved <br /> 5.6 Indemnification. "If and to the extent allowed by Florida law and without waiving <br /> the limits of sovereign immunity as set forth in section 768.28, Florida Statutes," the <br /> recipient shall indemnify and save harmless the County, its agents, officials, and <br /> employees from and against any and all claims, liabilities, losses, damage, or causes <br /> of action which may arise from any misconduct, negligent act, or omissions of the <br /> Recipient, its agents, officers, or employees in connection with the performance of <br /> this Contract. <br /> 5.7 Public Records: The Recipient agrees to comply with the provisions of Chapter <br /> 119, Florida Statutes (Public Records Law). Specifically, the Recipient shall: <br /> (1) Keep and maintain public records that ordinarily and necessarily would be <br /> required by the County in order to perform the service. <br /> (2) Provide the public with access to public records on the same terms and conditions <br /> that the County would provide the records and at a cost that does not exceed the <br /> cost provided in chapter 119 or as otherwise provided by law. <br /> (3) Ensure that public records that are exempt or confidential and exempt from public <br /> records disclosure requirements are not disclosed except as authorized by law. <br /> (4) Meet all requirements for retaining public records and transfer, at no cost, to the <br /> County all public records in possession of the Recipient upon termination of the <br /> Agreement and destroy any duplicate public records that are exempt or confidential <br /> and exempt from public records disclosure requirements. All records stored <br />