Grantee Agrees. 1. To comply with property management standards for expendable and nonexpendable personal property established by 2 CFR Part 200 as adopted by USDA through 2 CFR part 400. (Revised 07-11-22, SPECIAL PN.)
2. To provide a financial management system which will include:
(a) Accurate, current, and complete disclosure of the financial results of each grant. Financial reporting will be on a cash basis. The financial management system shall include a tracking system to ensure that all program income, including loan repayments, are used properly. (Revised 07-11-22, SPECIAL PN.)
(b) Records which identify adequately the source and application of funds for grant-supported activities. Those records shall contain information pertaining to grant awards and authorizations, obligations, unobligated balances, assets, liabilities, outlays, and income.
(c) Effecting control over and accountability for all funds, property, and other assets. Grantee shall adequately safeguard all such assets and shall assure that they are solely for authorized purposes.
(d) Accounting records supported by source documentation.
3. To retain financial records, supporting documents, statistical records, and all other records pertinent to the grant for a period of at least 3 years after the submission of the final performance report, in accordance with paragraph B 10 (c) of this grant agreement, except in the following situations:
(a) If any litigation, claim, audit, or investigation is commenced before the expiration of the 3-year period, the records shall be retained until all litigations, claims, audit, or investigative findings involving the records have been resolved.
(b) Records for nonexpendable property acquired by Rural Development, the 3-year retention requirement is not applicable.
(c) When records are transferred to or maintained by Rural Development, the 3-year retention requirement is not applicable.
(d) Microfilm copies may be substituted in lieu of original records. Rural Development and the Comptroller General of the United States, or any of their duly authorized representatives, shall have access to any books, documents, papers, and records of the grantee which are pertinent to the specific grant program for the purpose of making audits, examinations, excerpts, and transcripts.
4. To provide information as requested by Rural Development concerning the grantee's actions in soliciting citizen participation in the applications process, including published notices of public meetings...
Grantee Agrees. 1. To comply with property management standards for expendable and nonexpendable personal property established by Attachment N of OMB Circular A–102 or Attachment N of OMB Circular A–110 for State and local gov- ernments or nonprofit organizations respec- tively. Personal property means property of any kind except real property. It may be tan- gible—having physical existence—or intan- gible—having no physical existence, such as patents, inventions, and copyrights. Non- expendable personal property means tangible personal property having a useful life of more than one year and an acquisition cost of $300 or more per unit. A Grantee may use its own definition of nonexpendable personal property provided that such definition would at least include all tangible personal prop- erty as defined above. Expendable personal property refers to all tangible personal prop- erty other than nonexpendable personal property. When nonexpendable tangible per- xxxxx property is acquired by a Grantee with project funds, title shall not be taken by the Federal Government but shall vest in the Grantee subject to the following conditions:
(a) Right to transfer title. For items of nonexpendable personal property having a unit acquisition cost of $1,000 or more, FmHA or its successor agency under Public Law 103–354 may reserve the right to transfer title to the Federal Government or to a third party named by the Federal Government when such third party is otherwise eligible under existing statutes. Such reservation shall be subject to the following standards:
(i) The property shall be appropriately identified in the grant or otherwise made known to the Grantee in writing.
(ii) FmHA or its successor agency under Public Law 103–354 shall issue disposition in- structions within 120 calendar days after the end of the Federal support of the project for which it was acquired. If FmHA or its suc- cessor agency under Public Law 103–354 fails to issue disposition instructions within the 120 calendar day period, the Grantee shall apply the standards of paragraph 1(c) below.
(iii) When FmHA or its successor agency under Public Law 103–354 exercises its right to take title, the personal property shall be subject to the provisions for federally owned nonexpendable property discussed in para- graph 1(a)(iv) below.
(iv) When title is transferred either to the Federal Government or to a third party and the Grantee is instructed to ship the prop- erty elsewhere, the Grantee shall be xxxx- bursed by ...
Grantee Agrees. 1) To implement the Project in accordance with the description in Attachment B.
2) To apply use of the equipment received under this Agreement to the Project consistent with the mutually agreed to terms and conditions contained in this Agreement and as described in Attachment B.
3) To keep the equipment received under this Agreement for a period of 2 years; and to maintain the equipment in proper working order.
4) To reimburse the Air District for the market cost of the equipment received under this Agreement if the equipment is sold or decommissioned prior to 2 years or if the Agreement is terminated. In the case that the equipment market value must be reimbursed, Air District will calculate the reimbursement amount.
5) In instances where work will be contracted out, to be responsible for evaluation of prospective consultants or contractors, subsequent award of work, and subsequent completion of such work, consistent with this Agreement.
6) To manage consultant or contractor activities, including responsibility for technical direction, schedule, budget and verifying/documenting completion of the activities to acceptable quality standards.
7) To indicate the District as a funding source in any articles, news releases or other publicity materials related to the Project.
8) To assure that the equipment received under this Agreement is used only in accordance with all applicable provisions of law.
Grantee Agrees. 1) To implement the Project in accordance with the description and implementation schedule contained in Attachment A. Failure to implement the Project in accordance with the description and implementation schedule contained in Attachment A may result in the termination of this Agreement. Both the Project description and implementation schedule may be modified consistent with Section III.16) of this Agreement. The Project, as used in this Agreement, is described on Attachment A.
2) To submit documentation to the Air District of the equipment purchased as part of the Project. The documentation shall be in the form of a purchase order or sales contract.
3) To submit invoice(s) to the Air District for payment of expenses incurred to complete the Project consistent with the Project description and schedule contained on Attachment A. Invoices may be submitted as soon as costs are incurred, but by no later than specified in the schedule in Attachment A.
4) To keep records of Project activities, expenses and charges to document and support the invoices submitted to the Air District.
5) To keep records for the period of the Project Implementation documenting the annual number of hours of operation and the annual amount of fuel used by the engine part of the Project.
6) To allow and facilitate Air District review of Project performance and engine emissions testing and all expenditures relating to the Project funded through this Agreement.
7) To acknowledge the Air District and the Xxxx Xxxxx Program as a funding source for the Project in any related media events, articles, news releases or other publicity materials.
8) To assure that all funds received under this Agreement are expended only in accordance with all applicable provisions of law and implementation regulations.
9) To return Xxxx Xxxxx Xxxxx Funds, as pro-rated and requested by the District, if the Project equipment is sold at any time during the Project Implementation Period.
10) To comply with those “Special Conditions,” if any, listed on Attachment A.
11) To permanently destroy both the engine and the frame of the equipment being replaced as part of the Project and provide certified documentation verification of the engine’s destruction.
12) During the performance of this Grant Agreement, Grantee and its contractors shall not unlawfully discriminate against, harass, or allow harassment against any employee or applicant for employment because of sex, race, religious creed, color, national origin, ancest...
Grantee Agrees
