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1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />subcontractor's performance until completion of services. <br />Upon ADMINISTRATOR's approval of CONTRACTOR's <br />proposed procurement system, CONTRACTOR shall comply with such <br />procurement system in obtaining subcontracts with a total cost in <br />excess of twenty-five thousand dollars ($25,000) during the term <br />of this Agreement. In addition, CONTRACTOR shall obtain <br />ADMINISTRATOR's written consent prior to entering into a <br />subcontract with any organization when the total cumulative cost <br />of services to be provided by that organization is anticipated to <br />exceed twenty-five thousand dollars ($25,000) during the term of <br />this Agreement. <br />CONTRACTOR and its subcontractor(s) shall <br />establish and maintain accurate and complete financial records <br />related to services provided under the terms of this Agreement. <br />Such records may be subject to the satisfaction of ADMINISTRATOR, <br />and to the examination and audit by ADMINISTRATOR or designee, <br />for a period of five (5) years, or until any pending audit is <br />completed. <br />8. FORM OF BUSINESS ORGANIZATION AND REAL PROPERTY DISCLOSURE <br />8.1 Form of Business Organization: <br />Upon the request of ADMINISTRATOR, CONTRACTOR shall <br />prepare and submit, within thirty (30) days thereafter, an <br />affidavit executed by persons satisfactory to ADMINISTRATOR <br />containing, but not limited to, the following information: <br />8.1.1 The form of CONTRACTOR's business organization, <br />i.e., proprietorship, partnership, corporation, etc. <br />8.1.2 A detailed statement indicating the relationship <br />of CONTRACTOR, by way of ownership or otherwise, to any parent <br />(WAM0313) <br />13 of 48 <br />25B-15 <br />(April 8, 2013)