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<br /> <br /> <br /> <br /> <br /> <br /> which shall clearly evidence all coverages required above; (b) provide that such insurance <br /> shall not be materially changed or terminated except on 30 days prior written notice to <br /> the City; (c) maintain such insurance for the period covered by this Agreement; and (d) <br /> replace such certificates for policies expiring prior to the expiration of this Agreement. <br /> <br /> VIII. INSPECTIONS AND AUDITS <br /> <br /> A. Any authorized representative of City, the Comptroller General of the United States, <br /> the United States Department of Housing and Urban Development or any of their <br /> authorized representatives, shall have access to City books, documents, records, <br /> which such persons deem pertinent to this Agreement, for the purpose of conducting <br /> an audit, evaluation, or examination, or making transcripts during the periods of <br /> retention set forth in the Records/Confidentiality paragraph of this Agreement and the <br /> premises in which they are provided. <br /> B. City shall actively participate and cooperate with any persons specified in <br /> subparagraph A above in any evaluation or monitoring of the services provided <br /> pursuant to the Agreement, and shall provide the above mentioned persons adequate <br /> office space to conduct such evaluation or monitoring. <br /> <br /> IX. LICENSES AND LAW <br /> <br /> A. Project Sponsor, its officers, agents, employees, and subcontractors shall, throughout <br /> the term of this Agreement, maintain all necessary licenses, permits, approvals, <br /> certificates, waivers and exemptions necessary for the provision of the services <br /> hereunder and required by the laws and regulations of the United States, State of <br /> California, City, and any other applicable governmental agencies. <br /> B. Project Sponsor shall comply with all laws, rules, or regulations applicable to the <br /> services provided hereunder, as any may now exist or be hereafter changed. These <br /> laws, rules, and regulations shall include, but not limited to the following: <br /> <br /> 1. United States Code (U.S.C.), title 42, Section 12901-12912, AIDS Housing <br /> Opportunity Act. <br /> <br /> 2. Code of Federal Regulations (CFR), Title 24, Part 574, Housing <br /> Opportunities for Persons with AIDS. <br /> <br /> 3. Office of Management and Budget (OMB) Circular No. A-122, Cost <br /> Principles for nonprofit organizations. <br /> 4. OMB Circular No. A-133, Audits of Institutions of Higher Education and <br /> Other Nonprofit Institutions. <br /> <br /> <br /> <br /> <br /> <br /> 5 <br />