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A-2003-102
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ORANGE, COUNTY OF
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A-2003-102
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Last modified
1/3/2012 2:29:51 PM
Creation date
6/27/2003 10:17:27 AM
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Contracts
Company Name
County of Orange
Contract #
A-2003-102
Agency
Community Development
Council Approval Date
6/2/2003
Expiration Date
6/30/2004
Destruction Year
2009
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1 <br /> <br /> 2 <br /> <br /> 3 <br /> <br /> 4 <br /> <br /> 5 <br /> <br /> 6 <br /> <br /> 7 <br /> <br /> 8 <br /> <br /> 9 <br /> <br /> 10 <br /> <br /> 11 <br /> <br /> 12 <br /> <br /> 13 <br /> <br /> 14 <br /> <br /> 15 <br /> <br /> 16 <br /> <br /> 17 <br /> <br /> 18 <br /> <br /> 19 <br /> <br />20 <br /> <br />21 <br /> <br />22 <br /> <br />23 <br /> <br />24 <br /> <br />25 <br /> <br />26 <br /> <br />27 <br /> <br />28 <br /> <br />22. FINAL REPORT <br /> <br /> CONTRACTOR shall complete and submit to ADMINISTRATOR a final report <br /> <br />within sixty (60) days after the termination of this Agreement, which shall <br />summarize the activities and services provided by CONT~CTOR during the term <br />of this Agreement. CONT~CTOR and ADMINISTRATOR may mutually agree in writing <br />to modify the date upon which the final report must ~e submitted. <br /> <br />23. INDEPENDENT AUDIT <br /> <br /> 23.1 CONTRACTOR shall employ a licensed certified public accountant, <br /> <br />who shall prepare and file with ADMINISTRATOR, an annual organization-wide <br />audit of related expenditures during the term of this Agreement in compliance <br />with the Office of Management and Budget (OMB) Circular A-133, Audits of <br />States, Local Governments, and Non-Profit Organizations. The audit must be <br />performed in accordance with Generally Accepted Government Auditing Standards <br />(GAGAS) and OMB Circular A-122. CONTRACTOR shall cooperate with County, State <br />and/or Federal agencies to ensure that corrective action is taken within six <br /> <br />(6) months <br />exceptions. <br /> <br /> 23.2 <br /> <br />after issuance of all audit reports with regard to audit <br /> <br />CONTRACTOR agrees to provide ADMINISTRATOR with a copy of its <br /> <br />organization-wide audit for the period ending June 30 within sixty (60) days <br />after the end of its fiscal year. Failure to comply with this paragraph shall <br />be sufficient cause for ADMINISTRATOR, in its sole discretion, to deny payment <br />of any monies under this or any other subsequent Agreement with CONTRACTOR <br />until such time the audit is received. ADMINISTRATOR may, in its sole <br />discretion, modify the date upon which the independent audit must be received, <br />upon notice to CONTRACTOR. <br /> <br />24. RECORDS, INSPECTIONS AND AUDITS <br /> 24.1 Financial Records: <br /> 24.1.1 CONTRACTOR shall prepare and maintain accurate and <br /> <br />(WSH0403) 27 of 37 <br /> <br /> <br />
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