Laserfiche WebLink
(3) CITY will review the audit of the SUBRECIPIENT to ensure that grant funds are <br />used for authorized purposes in compliance with laws, regulations, and the provisions of contracts or <br />grant agreements under this Agreement, including attachments and exhibits. <br />(4) If action to correct any substandard performance is not taken by the <br />SUBRECIPIENT within a reasonable period after being notified by CITY, suspension or termination <br />procedures may be initiated by CITY. <br />(5) All performance shall be subject to review by the CITY or other regulatory <br />agencies at all times. SUBRECIPIENT shall provide adequate cooperation to any inspector or other <br />CITY representative to permit the same to determine SUBRECIPIENT's conformity with the terms <br />of this Agreement. If any services performed by SUBRECIPIENT are not in conformance with the <br />terms of this Agreement, the CITY shall have the right to require SUBRECIPIENT to perform the <br />services in conformance with the terms of the Agreement at no additional cost. The CITY may also <br />terminate this Agreement for default and charge SUBRECIPIENT for any costs incurred by the CITY <br />because of SUBRECIPIENT's failure to perform. <br />(6) SUBRECIPIENT shall establish adequate procedures for self -monitoring and <br />quality control and assurance to ensure proper performance under this Agreement; and shall permit a <br />CITY representative or other regulatory official to monitor, assess, or evaluate SUBRECIPIENT's <br />performance under this Agreement at any time, upon reasonable notice to SUBRECIPIENT. <br />G. Audit. <br />(1) SUBRECIPIENT shall maintain complete and accurate records and supporting <br />documentation to facilitate financial and/or program audits by CITY. This requirement shall apply <br />to any records and documentation CITY shall reasonably require or as required to be maintained <br />pursuant to the CARES Act regulations. <br />(2) The books and accounts, files, and other records of SUBRECIPIENT, which are <br />applicable to this Agreement, shall be available for inspection, review, and audit during normal <br />business hours by CITY to determine the proper application and use of all CARES Act Funds <br />provided to or for the account or benefit of SUBRECIPIENT. <br />(3) SUBRECIPIENT assumes responsibility for reimbursement to CITY a sum of <br />money equivalent to the amount of any expenditures disallowed should the CITY, or an authorized <br />agency, rule through audit, exception, or some other appropriate means, that expenditures from funds <br />allocated to SUBRECIPIENT for direct and/or administrative costs were not made in compliance <br />with the applicable cost principles, regulations, or the provisions of this Agreement. <br />(4) SUBRECIPIENT agrees to comply with the requirements of OMB Uniform <br />Guidance 2 CFR Part 200. SUBRECIPIENT further agrees to provide CITY with a copy of <br />completed independent auditors' report within thirty (30) days of CITY's request for such report. If <br />the report contains instances of non-compliance with federal laws and regulations that bear directly <br />on the performance or administration of this Agreement, SUBRECIPIENT shall provide CITY copies <br />of responses to auditors' reports, a plan for corrective action, and auditors' response that the <br />0 <br />