20B - APPROPRIATION ADJUSTMENT COUNTY OF ORANGE SOCIAL SERVICES

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i I required audits are provided to ADMINISTRATOR. ADMINISTRATOR may, in its sole 2 discretion, modify the date upon which the organization-wide audits must be 3 received, upon notice to CONTRACTOR. I 4 26. RECORDS, INSPECTIONS AND AUDITS 5 26.1 Financial Records: 6 26. CONTRACTOR shall prepare and maintain accurate and 7 complete financial records. Financial records shall be retained, by 8 CONTRACTOR, for a minimum of five (5) years from the date of final payment 9 under this Agreement or until all pending COUNTY, State and Federal audits are 10 completed, whichever is later. 11 26.1.2 CONTRACTOR shall establish and maintain reasonable 12 accounting, internal control and financial reporting standards in conformity 13 with generally accepted accounting principles established by the American 14 Institute of Certified Public Accountants and to the satisfaction of 15 ADMINISTRATOR. 16 26.2 Participant Records: 17 26.2. CONTRACTOR shall prepare and maintain accurate and 18 complete records of participants served and dates and type of services 19 provided under the terms of this Agreement in a form acceptable to 20 ADMINISTRATOR. 21 26.2.2 All participant records related to services provided under 22 the terms of this Agreement shall be retained by CONTRACTOR for a minimum of 23 five (5) years from the date of final payment under this Agreement or until 24 all pending COUNTY, State, and Federal audits are completed, whichever is 25 later. Notwithstanding anything to the contrary, upon termination of this 26 Agreement, CONTRACTOR shall relinquish control with respect to participant 27 records to COUNTY in accordance with Subparagraph 43.2, j 28 26.2.3 COUNTY may refuse payment for a claim if participant (WAM0811) 27 of 40 (December 22, 2011) I 20B-29