Laserfiche WebLink
<br />. <br /> <br />. <br /> <br />~ <br /> <br />e <br /> <br />. <br /> <br />2.5. <br /> <br />... <br /> <br />-.- <br /> <br />2.6. <br /> <br />" <br /> <br />. <br /> <br />. <br /> <br />BOO~ OF ACCOmrr AND RECORDS REPORTS. <br /> <br />A. <br /> <br />'l'tle PO shall .aintain C08plete and accurate books of <br />account and records for the prograa. The books an.d <br />records shall be in accordance with BOD requireaenta, <br />and shall per.it a speedy and effective audit. <br /> <br />The PIIA shall furnisÞ BOD such financial, operating, <br />and statistical reports, records, stateaents, and <br />documents at such tImes, in such form, and accoapanied <br />by such supporting data as required by BOD. <br /> <br />B. <br /> <br />c. <br /> <br />BUD and tÞe comptroller General of tÞe United States, <br />or their duly authorized representaUves, shall have <br />full and free access to all PBAoffices and <br />facilities, and to all the books, documents, papers, <br />and records of the PDA that are pertinent to opera;ion <br />and aanage.ent of the prograa, including the rigbt to <br />audi t, and to aake e:lcerpts and traJ)scrIpts frC18 the <br />books and records. <br /> <br />D. <br /> <br />The PBA sÞall be responsible for engaging and paying <br />an independent public accountant for the aating. of <br />audits as required bt BOD. The cost of audits <br />required by BOD ..y be charged against prograa <br />Receipts. <br /> <br />DEPOSITARY. <br /> <br />A. <br /> <br />,.he PBA shall enter into one or aore agreeaents, which <br />are collectively called the -Depositary Agreeaent,- <br />vi tb financial institutions which are selected as <br />depositary by the PSA, and whose accounts are Insured <br />by an agency of tbe pederal Goverllllent. The <br />Depositary Agreement shall be in the fora prescrIbed <br />by aUD, and tbe PRA sball furnish to BOD .uch cIÞple. <br />of tbe Depositary Agreeaent as BOD ..y require. <br /> <br />All Prograa Receipts sball be prC8ptly deposited with <br />tbe Deposi tary under tbe Deposi tary Agree.ent unless <br />othervise required or per.itted by BOD. The JOSA aay <br />withdraw prograa Receipts subject to tbe Depositary <br />Agreement only for use in connection witb tbe prograa <br />in accordance with BOD regulations or otber <br />require.ents. 110 withdrawal sball be aade e:lcept in <br />accordance with a voucher on file in tbe office of tbe <br />PSA stating in proper detail tbe purpose of uae <br />vi tbc1raval. <br /> <br />B. <br /> <br />, . <br /> <br />, <br /> <br />Page 4 of 9 pages <br /> <br />BUD 52520 E (June 1985) <br />