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� , <br /> G. Bribe . A nongovemmental grantee certifies that it has not been convicted of bribery or attempting to bribe an <br /> - oificer o�employee of the State of Iliinois,nor has the Grantee made an admission of guilt of such conduct which <br /> is a matter of record,nor has an official,8gent or employee of the Grantee committed bribery or attempted bribery <br /> on bet�alf of the firm and pursuant to the direction or authorization of a responsible official of Grantee. The <br /> Grantee further certifies that it has not been barred from contracting with a unit of the State or local government as <br /> a result of a violation of Section 33E-3 or 33E-4 of the Illinois Criminal Code. <br /> ITEM 11 -ACCOUNTING RECORDS <br /> A. Project Accounts-The Grantee shall establish and maintain,as a separate set of accounts or as an integral <br /> part of its cuRent accounting scheme,accounts for the Project in confortnity with requirements established by <br /> the Govemment. <br /> B. Funds Received or Made Available for the Project-Grantee shall appropriately record in the Project Account, <br /> and deposit in a federally insured bank or trust company,all Grant payments received by it nom the <br /> Department pursuant to this Agreement and all other funds provided for,accruing to,or otherwise received <br /> on account of the Project,which Department payments and other funds are herein collectively referred to as <br /> "Project Funds." <br /> The Grantee shall require the depositories of Project Funds to secure continuously and fully all Project Funds <br /> in excess of the amounts insured under federal plans,or under state plans which have been approved for the <br /> deposit of the Project Funds by the Department,by the deposit or setting aside of collateral of the types and <br /> in the manner as described by state law for the security of public funds or as approved by FTA. ` <br /> The Grantee agrees to report to the Department quarterly by the fifteenth day of the month following the <br /> reported quarter and at such other times as the Department may prescribe in writing,the amounts recorded, <br /> . as required above,in the Project Account. � <br /> All Project Funds,held by the Grantee over one(1)month shall draw interest and the amount of such interest <br /> eamed shatl be reported to the Department in the quarterly Project Account report. Such interest shall be <br /> applied to the Net Project Cost as directed by the Department. <br /> C. Eligible Costs-Expenditures made by the Grantee shall be reimbursable as eligible costs to the extent they <br /> meet all of the requirements set forth below. They must: <br /> (1) be made in conformance with the Grantee's final approved application and the Approved Project <br /> Budget and all other provisions of this Agreement; <br /> (2) be necessary in order to accomplish the Project; <br /> (3) be reasonable in amount for the goods or services purchased; <br /> (4) be actual net costs to the Grantee(i.e.,the price paid minus any refunds,rebates,or other items of <br /> value received by the Grantee that have the effect of reducing the cost actually incurred); <br /> (5) be incuRed(and be for work perFormed)after the date of this Agreement,unless specific <br /> authorization from the Department to the contrary is received; <br /> (6) be in conformance with the standards for allowability of costs established by the DepaRment; <br /> (7) be satisfactorily documented; <br /> State/Federal Capita!Grant page I1 <br />