Accountability Report. The Grantee shall prepare and submit to the State an Accountability Report on a quarterly basis if the Grantee received an advanced payment, consistent with the provisions in Paragraph 9, “Advanced Payment.”
Accountability Report. Grantee shall submit, on a quarterly basis, an Accountability Report by individual Local Project Sponsor (if applicable) that at a minimum:
1) Includes an itemization of how advanced funds have been expended to date (Expenditure Summary), including documentation that supports the expenditures (e.g. contractor invoices, receipts, personnel hours, etc.). Invoices must be itemized based on the categories (i.e., tasks) specified in Exhibit B.
2) Includes a funding plan which shows how the remaining advanced funds will be expended.
3) Provides an accounting of distribution of the advanced funds to the appropriate Local Project Sponsor (if applicable).
4) Documents that the funds were spent on eligible reimbursable costs.
5) Documentation that the funds were placed in a non-interest bearing account, including the dates of deposits and withdrawals from that account.
Accountability Report. Grantee shall submit, on a quarterly basis, an Accountability Report by individual Local Project Sponsor that at a minimum:
1) An itemization of how advanced funds have been expended to date (Expenditure Summary), including documentation that supports the expenditures (e.g. contractor invoices, receipts, personnel hours, etc.). Invoices must be itemized based on the categories (i.e., tasks) specified in Exhibit B.
2) A funding plan which shows how the remaining advanced funds will be expended.
3) Provides an accounting of distributing the advanced funds to the appropriate Local Project Sponsor.
4) Documents that the funds were spent on eligible reimbursable costs.
5) Documentation that the funds were placed in a non-interest bearing account, including the dates of deposits and withdrawals from that account.
