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to 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 ) AUDIT REQUIREMENTS <br /> ( a ) The Recipient agrees to maintain financial procedures and support documents , in <br /> accordance with generally accepted accounting principles , to account for the receipt and expenditure of <br /> funds under this Agreement. <br /> ( b) These records shall be available at all reasonable times for inspection , review, or <br /> audit by state personnel and other personnel duly authorized by the Department. " Reasonable" shall be <br /> construed according to circumstances , but ordinarily shall mean normal business hours of 8 : 00 a . m . to <br /> 5 : 00 p . m . , local time , Monday through Friday . <br /> ( c) The Recipient shall also provide the Department with the records , reports or financial <br /> statements upon request for the purposes of auditing and monitoring the funds awarded under this <br /> Agreement . <br /> (d ) If the Recipient is a nonstate entity as defined by Section 215 . 97 , Fla . Stat. , it shall <br /> comply with the following : <br /> In the event that the Recipient expends a total amount of State financial assistance equal to or in <br /> excess of $ 500 , 000 in any fiscal year of such Recipient , the Recipient must have a State single or project- <br /> specific audit for such fiscal year in accordance with Section 215 . 97 , Fla . Stat. ; applicable rules of the <br /> Executive Office of the Governor and the Comptroller; and Chapters 10 . 550 ( local government entities ) or <br /> 10 . 650 ( nonprofit and for-profit organizations ) , Rules of the Auditor General . EXHIBIT 1 to this <br /> Agreement indicates State financial assistance awarded through the Department by this Agreement. In <br /> determining the State financial assistance expended in its fiscal year, the Recipient shall consider all <br /> sources of State financial assistance , including State funds received from the Department, other state <br /> agencies , and other nonstate entities . State financial assistance does not include Federal direct or pass- <br /> through awards and resources received by a nonstate entity for Federal program matching requirements . <br /> 3 <br />