Laserfiche WebLink
<br /> 4 <br /> G. Audit. <br /> <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 ARPA regulations. <br /> <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 ARPA SLFRF Funds <br />provided to or for the account or benefit of SUBRECIPIENT. <br /> <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 /> <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 />noncompliance has been resolved. All reports prepared in accord with the requirements of OMB <br />Uniform Guidance 2 CFR Part 200 shall be available for inspection by representatives of CITY or the <br />federal government during normal business hours. <br /> <br /> (5) All accounting records, reports, and evidence pertaining to all costs, expenses <br />and the ARPA SLFRF Funds of SUBRECIPIENT and all documents related to this Agreement <br />shall be maintained and kept available at SUBRECIPIENT’S office or place of business for the <br />duration of the Agreement and thereafter for five (5) years from the date of final payment under <br />this Agreement. Records which relate to: (a) complaints, claims, administrative proceedings or <br />litigation arising out of the performance of this Agreement; or, (b) costs and expenses of this <br />Agreement to which CITY or any other governmental agency takes exception, shall be retained <br />beyond the five (5) years until complete resolution or disposition of such appeals, litigation claims, <br />or exceptions. In the event SUBRECIPIENT does not make the above-referenced documents <br />available within the City of Santa Ana, California, SUBRECIPIENT agrees to pay all necessary and <br />reasonable expenses incurred by CITY in conducting any audit at the location where said records and <br />books of account are maintained. <br /> <br /> H. Ownership/Use of Materials. SUBRECIPIENT agrees that all materials, reports or <br />products in any form, including electronic, created by SUBRECIPIENT for which <br />SUBRECIPIENT has been compensated pursuant to this Agreement shall be the sole property of <br />the CITY. The material, reports, or products may be used by the CITY for any purpose that the <br />CITY deems to be appropriate, including, but not limit to, duplication and/or distribution within <br />EXHIBIT 1