Accounting System Requirements. The Contractor shall maintain an adequate system of accounting and internal controls that meets Generally Accepted Accounting Principles (GAAP).
Accounting System Requirements. Consultant shall maintain, and shall ensure that its Subconsultant(s) maintain, an adequate system of accounting and internal controls that meets GAAP.
Accounting System Requirements. Prior to the submission of invoices, the PAH shall have and maintain an established accounting system which complies with Generally Accepted Accounting Principles (GAAP) and the requirements of this Agreement. The PAH shall ensure that appropriate arrangements have been made for receiving, distributing and accounting for Federal funds under this Agreement. Consistent with this stipulation, an acceptable accounting system will be one in which all cash receipts and disbursements are controlled and documented properly.
Accounting System Requirements. The Contractor shall maintain an adequate system of accounting and internal controls that meets Generally Accepted Accounting Principles (GAAP). AOC Project Management. For the purposes of this Agreement, the AOC’s authorized representative ("Project Manager") shall be: Jun X. Xxxx, LEED AP, Project Manager Office of Court Construction and Management Judicial Council of California Administrative Office of the Courts 000 Xxxxxx Xxxx Xxx. 0xx Xxxxx Xxx Xxxxxxxxx, XX. 00000-0000 Phone: 000-000-0000 Facsimile: 000-000-0000 All requests and communications about the Work to be performed under this Agreement shall be made through the Project Manager. The Project Manager is not authorized by the AOC to make any commitments or changes which will affect the price, terms or conditions of this Agreement absent an amendment executed by the parties. Third Party Representation. The AOC has the authority to speak on behalf of the San Xxxxxx County Superior Court (and to bind such court with respect to Acceptance of deliverables and all matters hereunder.
Accounting System Requirements. Consultant shall maintain and shall ensure that its Sub-Consultant(s) maintain, an adequate system of accounting and internal controls that meets GAAP. The Judicial Council has the authority to act on behalf of the Court(s) and to bind the Court(s) with regard to any matters relating to this Agreement. Any Court designated by name in an authorized Service Work Order shall be an intended third party beneficiary of the Services provided under this Agreement. In the event the Court gives conflicting instructions or makes conflicting determinations with respect to any matter affecting Consultant’s performance of its obligations, the Consultant shall notify the Judicial Council of the conflict and the Judicial Council shall resolve any such conflict. Both the Judicial Council and Consultant acknowledge and agree that in the course of performing the Work under this Agreement, the Judicial Council may disclose Confidential Information to Consultant and/or its Sub-Consultants. Consultant shall not disclose any Confidential Information to any Third Party and shall exercise reasonable care to prevent the disclosure of any Confidential Information. In the event Consultant is required to disclose the Confidential Information to Consultant’s employees, Sub-Consultants and their employees in order to perform the Services hereunder, Consultant shall execute a confidentiality agreement to require the same duty of nondisclosure and ensure Consultant’s employees and sub-consultants shall not use Confidential Information for any purpose unrelated to performance of the Work relating to this Agreement and authorized Service Work Orders. Consultant may disclosure Confidential Information to other Third Parties only upon prior written approval by the Judicial Council’s Project Manager. Neither Consultant nor its Sub-Consultants shall acquire a right or title in or to the Confidential Information as a result of any disclosure contemplated hereunder. Notwithstanding the foregoing, Consultant may disclose Confidential Information (i) to the extent necessary to comply with any law, rule, regulation or applicable ruling; or (ii) as appropriate to respond to any summons or subpoena. The Judicial Council reserves the right to disclose all Materials provided under this Agreement to Third Parties for the purpose of validation of the quality of Consultant’s work and to use Materials for their intended purpose. Consultant agrees that monetary damages are inadequate to remedy any breach or ...
Accounting System Requirements. A. The Program must maintain an appropriate fund accounting system that accurately accumulates and segregates reasonable, allocable, and allowable costs in compliance with State and Federal regulations, and generally accepted accounting principles. The Program’s financial management system shall provide: • Accurate, current, and complete disclosure of the financial results of each federally sponsored project. • Records that identify adequately the source and application of funds for federally sponsored activities. • Written procedures for determining the reasonableness, allocable, and allowable costs in accordance with the provisions of the applicable federal cost principles and the terms and conditions of the Agreement. • Accurate fund accounting records that track the revenues received from funders/sources and the expenditures paid to vendors for goods and services, and that are supported by adequate source documentation.
B. The Program shall submit to State such reports, accounts, and records as deemed necessary by the State to discharge its obligation under State and Federal laws and regulations
Accounting System Requirements. Consultant shall maintain and shall ensure that its Sub-Consultant(s) maintain an adequate system of accounting and internal controls that meets GAAP. The Judicial Council has the authority to act on behalf of the Court(s) and to bind the Court(s) with regard to any matters relating to this Agreement. Any Court designated by name in an authorized Service Work Order shall be an intended third party beneficiary of the Services provided under this Agreement. In the event the Court gives conflicting instructions or makes conflicting determinations with respect to any matter affecting Consultant’s performance of its obligations, the Consultant shall notify the Judicial Council of the conflict and the Judicial Council shall resolve any such conflict.
Accounting System Requirements. A. Contractor must maintain an appropriate fund accounting system that accurately accumulates and segregates reasonable, allocable, and allowable costs in compliance with state and federal regulations, and generally accepted accounting principles. The Contractor’s financial management system shall provide: • Accurate, current, and complete disclosure of the financial results of each federally sponsored project. • Records that identify adequately the source and application of funds for federally sponsored activities. • Written procedures for determining the reasonableness, allocable, and allowable costs in accordance with the provisions of the applicable federal cost principles and the terms and conditions of the Agreement. • Accurate fund accounting records that track the revenues received from funders/sources and the expenditures paid to vendors for goods and services, and that are supported by adequate source documentation.
B. Contractor shall submit to State such reports, accounts, and records as deemed necessary by the State to discharge its obligation under State and Federal laws and regulations Xxxxxxx Community College District - College of Alameda DOR Program BudgetJuly 1, 2021 - June 30, 2024 FY 7/1/2021 FTE to 6/30/2022 ITEM EXPENDITURE TOTAL FY 7/1/2022 to 6/30/2023 TOTAL FY 7/1/2023 to 6/30/2024 TOTAL Rehabilitation Team Unit Units 1.20 1.20 1.20 1 FTE = $110,377 $132,452 $132,452 $132,452 Case Services 42,750 42,750 42,750 (Individual Consumer Expenses) SUBTOTAL $175,202 Case Service Contract(s): $175,202 $175,202 TOTAL DOR PROGRAM COST $175,202 Xxxxxxx Community College District - College of Alameda Program Budget and Match Summary July 1, 2021 - June 30, 2024 FY 7/1/2021 FY 7/1/2022 FY 7/1/2023 to to to 6/30/2022 6/30/2023 6/30/2024 TOTALS TOTALS TOTALS DOR PROGRAM COSTS $175,202 $175,202 $175,202 (From DOR Program Budget) TOTAL PAYMENT BY DOR TO CONTRACTOR $208,396 $208,396 $208,396 (From Service Budget) TOTAL FEDERAL COSTS $383,598 $383,598 $383,598 Certified Match (If applicable) $127,866 $127,866 $127,866 25.00% 25.00% 25.00% Total Federal Share $383,598 $383,598 $383,598 75.00% 75.00% 75.00% Cash Match (If applicable) 0% 0% 0% Total Federal Share $0 $0 $0 0% 0% 0% TOTAL STATE MATCH $127,866 $127,866 $127,866 Cooperative agency certified match expenditure and cash match expenditure must be from non- federal funds and cannot be used to draw down other federal funds. The cash match expenditure must equal at least 21.3% of the designated sh...
Accounting System Requirements. Contractor shall maintain and shall ensure that it’s Subcontractor(s’) maintain an adequate system of accounting and internal controls that meets GAAP.
Accounting System Requirements. Prior to FAS’ initial payment to the Recipient, the Recipient shall provide sufficient evidence to the FAS Grants Management Officer that its accounting system is in accord with the Generally Accepted Accounting Principles. Recipients’ financial management systems shall provide for the following: Accurate, current, and complete disclosure of the financial results of each FAS sponsored project or program. FAS requires financial reporting on an accrual basis; however, the Recipient shall not be required to establish an accrual accounting system. These Recipients shall develop such accrual data through best estimate for their reports on the basis of an analysis of the documentation on hand. Records that identify the source and application of funds for federally sponsored activities. These records shall contain information pertaining to Federal awards, authorizations, obligations, unobligated balances, assets, outlays, income and interest. Effective control over and accountability for all funds, property and other assets. Recipients shall adequately safeguard all such assets and assure they are used solely for authorized purposes. Comparison of outlays with budget amounts for each award. Whenever appropriate, financial information should be related to performance and unit cost data. Written procedures to minimize the time elapsing between the transfer of funds to the Recipient from the U.S. Treasury and the issuance or redemption of a check, warrant or payment by other means for program purposes by the Recipient. To the extent that the provisions of the Cash Management Improvement Act (CMIA) (Pub. L. 101–453) govern, payment methods of State agencies, instrumentalities, and fiscal agents shall be consistent with CMIA Treasury-State Agreements or the CMIA default procedures codified at 31 CFR part 205, ‘‘Rules and procedures for efficient Federal State funds transfer.’’ Written procedures for determining the reasonableness, allocability and allowability of costs in accordance with the provisions of the applicable Federal cost principles and the terms and conditions of the award. Accounting records including cost accounting records that are supported by source documentation. SAFEGUARDING U.S. FUNDS. The Recipient shall establish safeguards to ensure that U.S. Federal funds are properly spent. The Recipient shall ensure that funds are not used for any partisan or political activity purposes (whether domestic or foreign), including, but not limited to: Supporting ...
