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4. Pro reg ss Reports <br /> The Subrecipient shall submit regular progress reports to the City in the form and <br /> content as provided by the City on a monthly basis due the Sth of each month. <br /> The City retains the right to delay or with hold disbursements of payments after <br /> duly notifying the subrecipient in the event that progress reports are not received <br /> as scheduled. <br /> D. Procurement <br /> 1. Com liance <br /> The Subrecipient shall comply with current City policies concerning the purchase <br /> of equipment and shall maintain inventory records of all nonexpendable personal <br /> property as defined by such policy as may be procured with funds provided <br /> herein. As long as the Subrecipient continues to use the equipment for the <br /> clientele originally intended and in the manner originally intended, and as long as <br /> the Subrecipient continues to exist, the equipment shall be retained by the <br /> Subrecipient. However, in the event of a change in the clientele, use, manner, etc. <br /> of the equipment; and/or if the Subrecipient no longer exists, all equipment will <br /> revert back to the City. <br /> 2. OMB Standards <br /> The Subrecipient shall procure materials in accordance with the requirements of <br /> Subpart C, Procurement Standards, of OMB Circular A-110, and shall <br /> subsequently follow Subpart C, Property Standards, as modified by 24 CFR <br /> 570.502(b)(6), covering utilization and disposal of property. <br /> 3. Travel <br /> The Subrecipient shall obtain written approval from the City for any travel outside <br /> the metropolitan area with funds provided under this contract. <br /> IX. RELOCATION,ACQUISITION,AND DISPLACEMENT <br /> The Subrecipient agrees to comply with 24 CFR 570.606 relating to the acquisition and <br /> disposition of all real property utilizing grant funds, and to the displacement of persons, <br /> businesses, nonprofit organizations and farms occurring as a direct result of any <br /> acquisition of real property utilizing grant funds. The Subrecipient agrees to comply <br /> with applicable City Ordinances, Resolutions, and Policies concerning displacement of <br /> individuals from their residences. <br /> Subrecipient Agreement(Rev. 03/08/06 TC:RDI) Page 9 of 18 <br />