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equal or exceeding$200.00. The SUB-RECIPIENT shall also provide records showing a <br /> cost comparison for supplies purchased. Cost comparison records shall be made in <br /> compliance with HUD regulations,compliance methods shall be approved by the CITY's <br /> Neighborhood Services Manager. <br /> 4. Indirect Cost Records:A record shall be kept of all indirect costs,per HUD requirements. <br /> Indirect costs are costs incurred for a common or joint purpose benefitting more than <br /> one cost objective and are not readily assignable to the cost objectives specifically <br /> benefitted, without effort disproportionate to the results achieved. However, SUB- <br /> RECIPIENT acknowledges that indirect costs shall not be covered by funds provided by <br /> the CITY. <br /> XI. REPORTING REQUIREMENTS:The SUB-RECIPIENT agrees to provide the CITY's Neighborhood <br /> Services Division with regular monthly reports described below per the schedule in Appendix <br /> B,and any other reports which may be required by the CITY's CDBG Program for compliance <br /> under this Agreement. This includes reporting on performance measures, as outlined in <br /> §200.301 of the Omni Circular Such performance measures shall be decided upon by the SUB- <br /> RECIPIENT and the City's Manager of Neighborhood Services Division, based on the <br /> requirements outlined by HUD for the category of eligible activities that the SUB-RECIPIENT's <br /> program engages in. These categories have been described within HUD's "Community <br /> Development Block Grant Program: Guide to National Objectives & Eligible Activities for <br /> Entitlement Communities,"and the Guide shall be incorporated hereto by reference and will <br /> be provided to SUBRECIPIENT. <br /> SUB-RECIPIENT shall use OMB-approved information collection standards, when providing <br /> financial and performance information.The SUB-RECIPIENT shall provide financial data, and <br /> its relation to performance accomplishments,of the Federal awards. <br /> SUB-RECIPIENT agrees to provide the CITY with documents pertaining to:(1)procedures; (2) <br /> copies of all contracts and subcontracts for work financed in whole or in part with assistance <br /> provided under this Agreement;and(3)(if applicable)regularly updated schedule of program <br /> activities. <br /> • REPORTING: Reports shall be submitted to staff via the Neighborhood Services <br /> Division by the SUB-RECIPIENT throughout the term of the Program.See Appendix <br /> B for report due dates.All reports and required attachments may be viewed by <br /> members of the Neighborhood Services Division. <br /> 1. The CITY reserves the right to withhold any of the SUB-RECIPIENT's <br /> scheduled payments until such time as the CITY receives the SUB- <br /> RECIPIENT's financial progress and performance reports with appropriate <br /> documentation. <br /> 2. Improperly prepared reports will not be accepted. Subsequent Grant <br /> payments will be held pending accurate information together with any <br /> 7 <br />