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Agreement; and (d) rel~(ace such certificates for policies expiring pz•ior to the expiration <br />of dais Agreement. <br />VIII. INSPECTIONS AND AUDITS <br />A. Any authorized repeescn[ative of Project Sponsor, the Comptroller General of the <br />United States, the LJxzited States Department of Housing and Urbazz Development or any <br />of their authorized repa-eseniatives, shall. have access to City books, documents, records, <br />which such persons cleenz pertinent to this Agreement, for the purpose of conducting an <br />audit, evaluation, or examination, or making transcripts duz•ing the periods of retention set <br />forth in the RecordslConfidentialityparagraph of this Agreement and the premises in <br />which they are provided. <br />B. Project Sponsor shall. actively participate and cooperate with any persons specified in <br />subparagraph A above in any evaluations or monitoring of the services provided pursuant <br />to the Agreement, and shall. provide the above n~zentioned persons adequate office space <br />to conduct such evaluation or monitoring. <br />IX. LICENSES AND LAW <br />A. Contractor, its ofliccrs, agents, employees, and subcontractors shall, throughout the <br />term of this Agreement, aa~aintain all nc~essary licenses, permits, approvals, <br />certificates, waivers ar~d exczllptions necessary for the provision of the services <br />hereu~~der and required by the laws anti z•egulations oftl~e United States, State of <br />California, City, and any other applicable govea•nz~~ental agencies. <br />B. Contractor shall comply with all laws, rules, or regulations applicable to the services <br />provided hereunder, as any naay now exist or be hereafter changed. These laws, rules, <br />and regulations shall include, but z~ot limited to tl~e following: <br />United States Code (U.S.C.), title 42, Section 12901-12912, AIDS Housing <br />opportunity Act. <br />2. Code of lAederal Regulations {CF'R), Title 24, Part 574, Hnztsing <br />Opportunities for Persons with AIDS. <br />Ofhce of l1~Ianagement and Budget (OMB} Circular No. A-122, Cost <br />Principles for nonprofit organizations. <br />4. OMB Circular No, Awl 33, Audits of Institutions of Higher Education and <br />Other Nonpralit Institz~tions. <br />Exhibit 2 <br />