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Docusign Envelope ID:FBC5FBC9-01 E4-8762-8245-F1 B57FDA586E
<br /> U.S. Department of Housing and Urban Development—Federal Award Agreement
<br /> c. New Reporting Tools:Further,the Recipient hereby acknowledges that HUD is in the
<br /> process of implementing new grants management and reporting tools for all
<br /> Documentation and other documents and records pertinent to the Federal Award.
<br /> Recipient agrees to report on grant performance and financial activities(including vendor
<br /> and cash disbursement supporting details for the Recipient and its Subrecipients)using
<br /> these new toots when they are released,and as updated,and to satisfy all requests for
<br /> records pertinent to the Federal Award as described above. HUD will work with the
<br /> Recipient to support the Recipient's transition to the new reporting tools.Once such new
<br /> tools are implemented,Recipient shall make timely reporting utilizing such new reporting
<br /> tools and such other reporting as is required by this Agreement and applicable statutes,
<br /> laws,and regulations.HUD reserves the right to exercise all of its available rights and
<br /> remedies for any noncompliance with these grants management and financial reporting
<br /> requirements,to include,without limitation,requiring 100%review,additional or more
<br /> detailed reports,suspension or termination of disbursements,and all other legally
<br /> available remedies,to the furthest extent permitted by law.Recipient shall also make
<br /> certifications at such times and in such manner and format as required by HUD that its
<br /> reporting and the information contained therein is true,accurate,and complete in all
<br /> aspects and regards.
<br /> 8. Noncompliance.If the Recipient fails to comply with the provisions of this Agreement,HUD may
<br /> take any and all remedial actions authorized by applicable statutes,regulations,or 2 C.F.R.§
<br /> 200.339,as applicable.Nothing in this Agreement shall limit any remedies otherwise available to
<br /> HUD in the case of noncompliance by the Recipient.No delay or omissions by HUD in exercising
<br /> any right or remedy available to it under this Agreement shall impair any such right or remedy or
<br /> constitute a waiver of or acquiescence in any Recipient noncompliance.
<br /> 9. Termination provisions. Unless superseded by program statutes or regulations,the termination
<br /> provisions in 2 C.F.R.§200.340 apply.
<br /> 10. Build America,Buy America.The Recipient must comply with the requirements of the Build
<br /> America,Buy America(BABA)Act,41 U.S.C.§8301 note,and all applicable rules and notices,as
<br /> may be amended,if applicable.Pursuant to HUD's Notice,"Public Interest Phased Implementation
<br /> Waiver for FY 2022 and 2023 of Build America,Buy America Provisions as Applied to Recipients of
<br /> HUD Federal Financial Assistance"(88 Fed.Reg. 17001),BABA requirements apply to any
<br /> infrastructure projects HUD has obligated funds for after the effective dates,unless excepted by a
<br /> waiver.
<br /> 11. Fiduciary Relationship.Recipient acknowledges and agrees that it stands in a fiduciary relationship
<br /> to HUD and the American people with respect to the Federal Award.Recipient shall act solely for
<br /> the benefit of HUD and the American people with respect to the Federal Award,and undertakes a
<br /> duty of absolute loyalty,trust,and confidence.In performing its obligations under this Agreement,
<br /> Recipient shall act in good faith,avoid all conflicts of interest,exercise the due care required of a
<br /> fiduciary,and make full and complete disclosure of all material facts and business opportunities
<br /> and other matters required to be disclosed by this Agreement and applicable law relating to this
<br /> Agreement,the Federal Award and all funds derived therefrom.
<br /> 12. Waste,Fraud,and Abuse.Recipient acknowledges and agrees that the prevention,discovery,
<br /> exposure,and prosecution of waste,fraud,and abuse in Federal grant programs and procurement
<br /> and the activities which Federal funding supports,and recoveries therefrom,are in the best
<br /> interests of Recipient and the American people.Accordingly,Recipient agrees to cooperate fully
<br /> with HUD and the Task Force to Eliminate Fraud established in Executive Order 14395 of March 16,
<br /> 2026,Establishing the Task Force To Eliminate Fraud,in all manners and respects as required by
<br /> HUD.
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