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r <br /> s <br /> s f <br /> (b) The Recipient shall retain sufficient records demonstrating its compliance with the terms <br /> of this Agreement for a period of five years from the date the audit report is issued, and shall allow the <br /> Department or its designee, Comptroller, or Auditor General access to such records upon request . The <br /> Recipient shall ensure that audit working papers are made available to the Department or its designee, <br /> Comptroller, or Auditor General upon request for a period of five years from the date the audit report is <br /> issued , unless extended in writing by the Department, with the following exceptions : <br /> 1 . If any litigation, claim or audit is started before the expiration of the five year period and <br /> extends beyond the five year period, the records will be maintained until all litigation, claims or audit <br /> findings involving the records have been resolved . <br /> 2 . Records for the disposition of non-expendable personal property valued at $ 5 , 000 or <br /> more at the time of acquisition shall be retained for five years after final disposition . <br /> 3 . Records relating to real property acquisition shall be retained for five years after closing <br /> of title . <br /> (c) All records, including supporting documentation of all program costs, shall be sufficient <br /> to determine compliance with the requirements and objectives of the Budget, Attachment A and Scope of <br /> Work, Attachment B and B- 1 , and all other applicable laws and regulations . <br /> (d) The Recipient, its employees or agents, including all subcontractors or consultants to be <br /> paid from funds provided under this Agreement, shall allow access to its records at reasonable times to <br /> the Department, its employees, and agents . "Reasonable " shall be construed according to the <br /> circumstances but ordinarily shall mean during normal business hours of 8 : 00 a.m . to 5 : 00 p .m . , local <br /> time, on Monday through Friday. "Agents " shall include, but not be limited to, auditors retained by the <br /> Department. <br /> (6) REPORTS <br /> (a) At a minimum, the Recipient shall provide the Department with quarterly reports, and <br /> with a close-out report . <br /> (b) Quarterly reports are due to be received by the Department no later than 30 days after <br /> the end of each quarter of the program year and shall continue to be submitted each quarter until <br /> submission of the administrative close-out report. The ending dates for each quarter of the program year <br /> are December 31 , March 31 , June 30 and September 30 . <br /> (c) The close-out report is due 45 days after termination of this Agreement. <br /> (d) If all required reports and copies, prescribed above, are not sent to the Department or are <br /> not completed in a manner acceptable to the Department, the Department may withhold further payments <br /> until they are completed or may take such other action as set forth in paragraph (9) . The Department may <br /> terminate the Agreement with a Recipient if reports are not received within 30 days after written notice <br /> by the Department . "Acceptable to the Department" means that the work product was completed in <br /> accordance with generally accepted principles and is consistent with the Budget and Scope of Work. <br /> 3 <br />