Common use of Fiscal Responsibilities of GRANTEE Clause in Contracts

Fiscal Responsibilities of GRANTEE. GRANTEE shall: 1. Appoint and submit to CITY, the name of a fiscal agent who shall be responsible for the financial and accounting activities of the GRANTEE, including the receipt and disbursement of GRANTEE funds. 2. Establish and maintain a system of accounts that shall be in conformance with generally accepted principles of accounting for budgeted funds. Such system of accounts shall be subject to review and approval of CITY. 3. Document all costs by maintaining complete and accurate records of all financial transactions, including but not limited to contracts, invoices, time cards, cash receipts, vouchers, canceled checks, bank statements and/or other official documentation evidencing in proper detail the nature and propriety of all charges. 4. Submit to the CITY, within fifteen (15) working days of the end of the preceding month, requests for reimbursement, together with documentation required by CITY. 5. Certify insurability subject to CITY approval as outlined in EXHIBIT G, entitled “INSURANCE.” 6. Submit to CITY at such times and in such forms as CITY may require, such statements, records, reports, data, and information pertaining to matters covered by this Agreement. 7. Administer all programs in conformance with OMB Circular A-122, “Cost Principles for Non-Profit Organizations.” These principles shall be applied for all costs incurred whether charged in a direct or indirect basis. 8. If indirect costs are charged, the GRANTEE will develop an indirect cost allocation plan for determining the appropriate GRANTEE’s share of administrative costs and shall submit such plan to the CITY for approval.

Fiscal Responsibilities of GRANTEE. GRANTEE shall: 1. a. Appoint and submit to CITY, the name of a fiscal agent who shall be responsible for the financial and accounting activities of the GRANTEE, including the receipt and disbursement of GRANTEE funds. 2. b. Establish and maintain a system of accounts that shall be in conformance with generally accepted principles of accounting for budgeted funds. Such system of accounts shall be subject to review and approval of CITY. 3. c. Document all costs by maintaining complete and accurate records of all financial transactions, including but not limited to contracts, invoices, time cards, cash receipts, vouchers, canceled cancelled checks, bank statements and/or other official documentation evidencing in proper detail the nature and propriety of all charges. 4. d. Submit to the CITY, within fifteen (15) working days of the end of the preceding month, requests for reimbursement, together with documentation required by CITY. 5. e. Certify insurability subject to CITY approval as outlined in EXHIBIT G, G entitled “"INSURANCE.”" 6. f. Submit to HUD or CITY at such times and in such forms as HUD or CITY may require, such statements, records, reports, data, and information pertaining to matters covered by this Agreement. 7. g. Comply with 24 CFR 84.21 – 28 and adhere to the accounting principles and procedures required therein, utilize adequate internal controls, and maintain necessary source documentation for all costs incurred. h. Administer all programs in conformance with OMB Circular A-122, “Cost Principles for Non-Profit Organizations.” ”. These principles shall be applied for all costs incurred whether charged in a direct or indirect basis. 8. i. If indirect costs are charged, the GRANTEE will develop an indirect cost allocation plan for determining the appropriate GRANTEE’s share of administrative costs and shall submit such plan to the CITY for approval.

Fiscal Responsibilities of GRANTEE. GRANTEE shall: 1. Appoint and submit to CITY, the name of a fiscal agent who shall be responsible for the financial and accounting activities of the GRANTEE, including the receipt and disbursement of GRANTEE funds. 2. Establish and maintain a system of accounts that shall be in conformance with generally accepted principles of accounting for budgeted funds. Such system of accounts shall be subject to review and approval of CITY. 3. Document all costs by maintaining complete and accurate records of all financial transactions, including but not limited to contracts, invoices, time cards, cash receipts, vouchers, canceled checks, bank statements and/or other official documentation evidencing in proper detail the nature and propriety of all charges. 4. Submit to the CITY, within fifteen (15) working days of the end of the preceding month, requests for reimbursement, together with documentation required by CITY. 5. Certify insurability subject to CITY approval as outlined in EXHIBIT G, entitled “INSURANCE.” 6. Submit to CITY at such times and in such forms as CITY may require, such statements, records, reports, data, and information pertaining to matters covered by this AgreementAGREEMENT. 7. Administer all programs in conformance with OMB Circular A-1222 CFR 200 Uniform Administrative Requirements, Cost Principles and Audit Requirements, Subpart E, “Cost Principles for HOME-17-001 T-344.532/1435160 Non-Profit Organizations.” These principles shall be applied for all costs incurred whether charged in a direct or indirect basis. 8. If indirect costs are charged, the GRANTEE will develop an indirect cost allocation plan for determining the appropriate GRANTEE’s share of administrative costs and shall submit such plan to the CITY for approval.

Fiscal Responsibilities of GRANTEE. GRANTEE shall: 1. Appoint and submit to CITY, the name of a fiscal agent who shall be responsible for the financial and accounting activities of the GRANTEE, including the receipt and disbursement of GRANTEE funds. 2. Establish and maintain a system of accounts that shall be in conformance with generally accepted principles of accounting for budgeted funds. Such system of accounts shall be subject to review and approval of CITY. 3. Document all costs by maintaining complete and accurate records of all financial transactions, including but not limited to contracts, invoices, time cards, cash receipts, vouchers, canceled checks, bank statements and/or other official documentation evidencing in proper detail the nature and propriety of all charges. 4. Submit to the CITY, within fifteen (15) working days of the end of the preceding month, requests for reimbursement, together with documentation required by CITY. 5. Certify insurability subject to CITY approval as outlined in EXHIBIT G, entitled “INSURANCE.” 6. Submit to CITY at such times and in such forms as CITY may require, such statements, records, reports, data, and information pertaining to matters covered by this AgreementAGREEMENT. 7. Administer all programs in conformance with OMB Circular A-1222 CFR 200 Uniform Administrative Requirements, Cost Principles and Audit Requirements, Subpart E, “Cost Principles for Non-Profit OrganizationsPrinciples.” These principles shall be applied for all costs incurred whether charged in a direct or indirect basis. 8. If indirect costs are charged, the GRANTEE will develop an indirect cost allocation plan for determining the appropriate GRANTEE’s share of administrative costs and shall submit such plan to the CITY for approval.

Fiscal Responsibilities of GRANTEE. GRANTEE shall: 1. Appoint and submit to CITY, the name of a fiscal agent who shall be responsible for the financial and accounting activities of the GRANTEE, including the receipt and disbursement of GRANTEE funds. 2. Establish and maintain a system of accounts that shall be in conformance with generally accepted principles of accounting for budgeted funds. Such system of accounts shall be subject to review and approval of CITY. 3. Document all costs by maintaining complete and accurate records of all financial transactions, including but not limited to contracts, invoices, time cards, cash receipts, vouchers, canceled checks, bank statements and/or other official documentation evidencing in proper detail the nature and propriety of all charges. 4. Submit to the CITY, within fifteen (15) working days of the end of the preceding month, requests for reimbursement, together with documentation required by CITY. 5. Certify insurability subject to CITY approval as outlined in EXHIBIT GG to the AGREEMENT, entitled “INSURANCE.” 6. Submit to CITY at such times and in such forms as CITY may require, such statements, records, reports, data, and information pertaining to matters covered by this Agreement.AGREEMENT. PATH Fifth Amendment to Grant Agreement ESG-16-007E T-344.510.005/1437794_2 7. Administer all programs in conformance with OMB Circular A-1222 CFR 200 Uniform Administrative Requirement, Cost Principles and Audit Requirements, Subpart E, “Cost Principles for Non-Profit Organizations.” Principles”. These principles shall be applied for all costs incurred whether charged in a direct or indirect basis. 8. If indirect costs are charged, the GRANTEE will develop an indirect cost allocation plan for determining the appropriate GRANTEE’s share of administrative costs and shall submit such plan to the CITY for approval.

Fiscal Responsibilities of GRANTEE. GRANTEE shall: 1. Appoint and submit to CITY, the name of a fiscal agent who shall be responsible for the financial and accounting activities of the GRANTEE, including the receipt and disbursement of GRANTEE funds. 2. Establish and maintain a system of accounts that shall be in conformance with generally accepted principles of accounting for budgeted funds. Such system of accounts shall be subject to review and approval of CITY. 3. Document all costs by maintaining complete and accurate records of all financial transactions, including but not limited to contracts, invoices, time cards, cash receipts, vouchers, canceled checks, bank statements and/or other official documentation evidencing in proper detail the nature and propriety of all charges. 4. Submit to the CITY, within fifteen (15) working days of the end of the preceding month, requests for reimbursement, together with documentation required by CITY. 5. Certify insurability subject to CITY approval as outlined in EXHIBIT GG to the AGREEMENT, entitled titled “INSURANCE.” 6. Submit to CITY at such times and in such forms as CITY may require, such statements, records, reports, data, and information pertaining to matters covered by this Agreement.AGREEMENT. HALA-17-001 Xxxx Xxxxxx Center (RRHSSA) T-344.531\1433867 E-1 7. Administer all programs in conformance with OMB Circular A-1222 CFR 200 Uniform Administrative Requirements, Cost Principles and Audit Requirements, Subpart E, “Cost Principles for Non-Profit OrganizationsPrinciples.” These principles shall be applied for all costs incurred whether charged in a direct or indirect basis. 8. If indirect costs are charged, the GRANTEE will develop an indirect cost allocation plan for determining the appropriate GRANTEE’s share of administrative costs and shall submit such plan to the CITY for approval.

Fiscal Responsibilities of GRANTEE. GRANTEE shall: 1. Appoint and submit to CITY, the name of a fiscal agent who shall be responsible for the financial and accounting activities of the GRANTEE, including the receipt and disbursement of GRANTEE funds. 2. Establish and maintain a system of accounts that shall be in conformance with generally accepted principles of accounting for budgeted funds. Such system of accounts shall be subject to review and approval of CITY. 3. Document all costs by maintaining complete and accurate records of all financial transactions, including but not limited to contracts, invoices, time cards, cash receipts, vouchers, canceled checks, bank statements and/or other official documentation evidencing in proper detail the nature and propriety of all charges. 4. Submit to the CITY, within fifteen (15) working days of the end of the preceding month, requests for reimbursement, together with documentation required by CITY. 5. Certify insurability subject to CITY approval as outlined in EXHIBIT GG to the AGREEMENT, entitled “INSURANCE.” 6. Submit to CITY at such times and in such forms as CITY may require, such statements, records, reports, data, and information pertaining to matters covered by this Agreement.AGREEMENT. HALA-17-002 PATH (RRHSSA) T-344.530\1433852_2 E-1 7. Administer all programs in conformance with OMB Circular A-1222 CFR 200 Uniform Administrative Requirement, Cost Principles and Audit Requirements, Subpart E, “Cost Principles for Non-Profit Organizations.” Principles”. These principles shall be applied for all costs incurred whether charged in a direct or indirect basis. 8. If indirect costs are charged, the GRANTEE will develop an indirect cost allocation plan for determining the appropriate GRANTEE’s share of administrative costs and shall submit such plan to the CITY for approval.