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L ' <br /> The Department shall consider the grant closed when the <br /> reconciliation payment is made, either by the Department or the <br /> Participant. The Department shall send notification to the <br /> Participant that the grant is closed. Payment issues, audit <br /> issues or any other matters pertaining to the grant may not be <br /> raised and are forever settled upon the grant closeout. <br /> ITEM 7. RECORDS, ACCESS TO RECORDS, AND AUDIT <br /> The Participant should arrange for an independent Certified <br /> Public Accountant to make financial and compliance audits each <br /> fiscal year to determine the fiscal integrity of financial <br />, transactions and reports, and c anpliance with this agreement and <br /> any applicable laws, regulations and administrative <br /> requirements. The Participant shall prescribe and approve the <br /> audit scope and reporting requirements under the Standard Forms <br />' prescribed in Appendix A. No later than 180 days following the <br /> last day of each Fiscal Year, the Participant shall provide the <br /> Department with such audit. Any discrepancy between the grants <br /> paid and the eligible operating expenses as limited in Item 1 <br /> shall be reconciled by appropriate payment or credit. <br /> The Secretary, or his designee, and any other State Agency <br /> empowered by law to do so, may perf orm at any time for the <br /> purposes of this Agreement, one or more audits: 1) to determine <br /> the Participant's eligible operating expenses for fiscal year <br /> 1989 and the conformance of the eligible operating expenses with <br /> the criteria established by the Act; and 2) to determine whether <br /> any state funds received by the Participant under this agreement <br /> are in conformance with this agreement. The Participant agrees <br /> to make available to the Secretary or his designee, or any other <br /> State agency referred to above, any and all checks, payrolls, <br /> invoices, contracts, vouchers or other accounting documents, <br /> correspondence and other data pertaining in whole or part to <br /> receipt of grants hereunder or information provided to the <br /> ' Department pursuant to the Act, the Standard Forms or this <br /> Agreement. The Secretary and any such other State agency shall <br />