Laserfiche WebLink
. � . <br /> f. Audit and Inspection of Records - The Grantee (and its <br /> subcontractors) certify that it shall maintain, for a <br /> minimum of five (5) years after the completion of the <br /> Agreement, adequate books, records, and supporting <br /> documents to verify the amounts, recipients, and uses of <br /> all disbursements of funds passing in con�unction with the <br /> Agreement; the Agreement and all books, records, and <br /> supporting documents related to the Agreement shall be <br /> available for review and audit by the Auditor General or <br /> the Department (hereinafter "Auditing Parties") ; and the <br /> Grantee agrees to cooperate fully with any audit conducted <br /> by the Auditing Parties and to provide full access to all <br /> relevant materials. Failure to maintain the books, <br /> records, and supporting documents required by this section <br /> shall establish a presumption in favor of the State for the <br /> recovery of any funds paid by the State under the Agreement <br /> for which adequate books, records, and supporting <br /> documentation are not available to support their purported <br /> disbursement. <br /> g. �Pneral Audit and Inspection - The Grantee shall permit, <br /> and shall require its contractors to permit, the Department <br /> or any other State agency authorized to perform such sudit <br /> and inspection, to inspect all work, materials, payrolls, <br /> and other data and records, with regard to the Pro�ect, and <br /> to sudit the books records and accounts of the Grantee and . <br /> its contractors with regard to the Project. The Department <br /> may also require the Grantee to furnish at any time prior <br /> to close-out of the Project, audit reports prepared <br /> according to generally accepted accounting principles. The <br /> Grantee agrees to comply promptly with recommendations <br /> contained in the Department's final audit report. <br /> h. Unused Funds - The Grantee agrees that upon completion of <br /> the Project, and after payment or provision for payment or <br /> reimbursement of all Eligible Costs, the Grantee shall . <br /> refund to the State any unexpended balance of the Grant. <br /> Prior to close-out, -however the State reserves the right to <br /> deobligate unspent funds. <br /> ITEM 12 - REOUISITIONS AND PAYMENTS <br /> a. �quests for Payment by the Grantee - The Grantee may make <br /> - requests for payment of the State share of eligible costs, <br /> and the Department shall honor such requests in the manner <br /> set forth in this ITEM. In order to receive State grant <br /> payments, the Grantee must: <br /> (1) completely execute and submit to the Department <br /> requisition forms supplied by the Department in <br /> accordance with the instructions contained therein; <br /> 8 • <br />