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1 ' � � <br /> recovery of any funds paid by the Department under the Agreement for which adequate books, <br /> records, and supporting documentation are not available to support their purported <br /> disbursement. <br /> G. General Audit and Inspection -The Grantee shall permit, and shall require its contractors to <br /> permit, the Department or any other State agency authorized to perform such audit and <br /> inspection, to inspect all work, materials, payrolls, and other data and records, with regard to <br /> the Project, and to audit the books records and accounts of the Grantee and its contractors <br /> with regard to the Project. The Department may also require the Grantee to furnish at any time <br /> prior to close-out of the Project, audit reports prepared according to generally accepted <br /> accounting principles. The Grantee agrees to comply promptly with recommendations <br /> contained in the DepartmenYs final audit report. <br /> H. Unused Funds-The Grantee agrees that upon completion of the Project, and after payment or <br /> provision for payment or reimbursement of all Eligible Costs, the Grantee shall refund to the <br /> Department any unexpended balance of the Grant. Prior to close-out, however, the <br /> Department reserves the right to deobligate unspent funds. <br /> ITEM 12-REQUISITIONS AND PAYMENTS <br /> A. Requests for Payment by the Grantee-The Grantee must submit written requisitions for <br /> reimbursement of the State share of eligible costs, and the Department will honor any properly <br /> submitted requests in the manner set forth in this ITEM. In order to receive grant payments <br /> pursuant to this Agreement, the Grantee must: <br /> (1) complete, execute and submit to the Department requisition forms supplied by the <br /> Department in accordance with the instructions contained therein; <br /> (2) submit to the Department an explanation of the purposes for which costs have been <br /> incurred to date or are reasonably expected to be incurred within the requisition period (not <br /> more than 30 days after the date of submission or as otherwise authorized by the Department), <br /> and vouchers, invoices, or other documentation satisfactory to the Department to substantiate <br /> these costs; <br /> (3) where local funds are required, demonstrate or certify that the Grantee has supplied <br /> local funds adequate, when combined with the State payments and any applicable federal <br /> payments, to cover all costs to be incurred through the end of the requisition period; <br /> (4) have submitted all financial and progress reports currently required by Yhe Department; <br /> and <br /> (5) have received approval by the Department for all budget revisions required to cover all <br /> costs to be incurred through the end of the requisition period. <br /> B. Payment by the Department—Only costs incurred in accordance with the terms and conditions <br /> of this Agreement shall be reimbursable. Upon receipt of the requisition form and the <br /> accompanying information in satisfactory form, the Department will process the requisition, <br /> provided that the Grantee is not in violation of any of the terms of this Agreement, has satisfied <br /> the Department of its need for the State funds requested during the requisition period, and is <br /> making progress, satisfactory to the Department, towards the timely completion of the Project. <br /> State Capital Grant <br /> Page 13 <br />