Recordkeeping and Accounting. 11.1 The Subrecipient shall maintain accurate financial and service delivery records pertinent to the Activity to be funded under this agreement. The Subrecipient’s books, records and other documents related to this Agreement shall be sufficient to support and document that allowable services were provided to eligible participants. Records shall support that costs incurred were reasonable and allocable to the Activity under this Agreement.
Recordkeeping and Accounting. Grantee shall keep records and receipts to substantiate such expenditures as well as expenditures made with maturing funds. Grantee shall make such books and records available to EDGE at reasonable times, as requested by EDGE. Grantee shall keep copies of all books and records and all reports to EDGE for at least four years after completion of the use of the grant funds. EDGE is hereby authorized to conduct an audit of Grantee’s books and records, and Grantee shall cooperate fully with any such audit authorized or conducted by EDGE.
Recordkeeping and Accounting. So long as any portion of the grant funds remain unexpended, Grantee shall continuously maintain the funds or assets granted hereunder in one or more separate funds or accounts on its books, each of which shall be dedicated and restricted to the specific charitable purposes described in Paragraph 2 of this Agreement. Expenditures made in furtherance of the purposes of the grant may be charged against such account(s) and shall appear on those books. Grantee shall keep records and receipts to substantiate such expenditures. Grantee shall make such books and records available to Grantor at reasonable times, as requested by Grantor. Grantee shall keep copies of all books and records and all reports to Grantor for at least four years after completion of the use of the grant funds. Grantor is hereby authorized to conduct an audit of Grantee’s books and records, and Grantee shall cooperate fully with any such audit authorized or conducted by Grantor.
Recordkeeping and Accounting. Grantee shall maintain a complete and accurate record of the Grant received and expenses incurred pursuant to the Grant. Grantee shall retain such books and records for at least two (2) years after the end of the Grant Term and shall permit Grantor to have reasonable access to its files, records and personnel for the purpose of making such financial audits, program evaluations, or verifications concerning the Grant or this Agreement. If, during the term of this Agreement, Grantee is audited by its internal audit department or by a third party, Grantee will provide the audit report to Grantor upon request, including the management letter and a detailed plan for remedying any deficiencies observed (“Remediation Plan”). The Remediation Plan must include
(a) details of actions Grantee will take to correct any deficiencies observed, and (b) target dates for successful completion of the actions to correct the deficiencies, if identified.
Recordkeeping and Accounting. Grant funds are to be expended by September 15, 2010. Grantor must keep records of activity and expenses for three years.
Recordkeeping and Accounting. Expenditures made in furtherance of the purposes of the Diversity Plan shall appear on the books and records of the City. The City shall cause its operator of the Memphis Sports & Events Center in the Liberty Park Project to carry all the Memphis Sports & Events Center in Liberty Park Project expenditures on its books and records and to make the information available to EDGE as if it were a City expenditure pursuant to the terms of this Section 4. The City shall keep back up records and receipts to substantiate such expenditures. The City shall make such books and records regarding compliance with this Agreement available to EDGE at reasonable times, as requested by EDGE or its agents. The City shall keep copies of all books and records regarding compliance with this Agreement and all reports to EDGE regarding compliance with this Agreement for at least four years after the end of the Term of this Agreement. EDGE is hereby authorized to conduct an audit of the City’s books and records regarding compliance with this Agreement, and the City shall cooperate fully with any such audit authorized or conducted by EDGE. The City further agrees that EDGE and any of its duly authorized agents shall have the right at all reasonable times upon reasonable notice to the City to examine and inspect the Project to determine that the City is in compliance with the terms and conditions of this Agreement; provided that any such inspection will be conducted in a manner that will minimize any intrusion on the operations of the Project.
Recordkeeping and Accounting. Expenditures made in furtherance of the purposes of the LBP Plan shall appear on the books and records of UNDC. UNDC shall keep back-up records and receipts to substantiate such expenditures. UNDC shall make such books and records regarding compliance with this Agreement available to EDGE at reasonable times and upon reasonable prior notice, as requested by EDGE or its agents. UNDC shall keep copies of all books and records regarding compliance with this Agreement and all reports to EDGE regarding compliance with this Agreement for at least one year after the end of the Term of this Agreement. EDGE is hereby authorized to conduct an audit of UNDC’s books and records regarding compliance with this Agreement, and UNDC shall cooperate fully with any such audit authorized or conducted by EDGE. UNDC further agrees that EDGE and any of its duly authorized agents shall have the right at all reasonable times upon reasonable prior notice to UNDC to examine and inspect the Project to determine that UNDC and any of its applicable affiliates and contractors are in compliance with the terms and conditions of this Agreement; provided that any such inspection will be conducted in a manner that will minimize any intrusion on the operations of the Project.
Recordkeeping and Accounting. Expenditures made in furtherance of the purposes of the LBP Plan shall appear on the books and records of the Lake District. The Lake District shall keep back-up records and receipts to substantiate such expenditures. The Lake District shall make such books and records regarding compliance with this Agreement available to the Lakeland IDB at reasonable times and upon reasonable prior notice, as requested by the Lakeland IDB or its agents. The Lake District shall keep copies of all books and records regarding compliance with this Agreement and all reports to the Lakeland IDB regarding compliance with this Agreement for at least one year after the end of the Term of this Agreement. The Lakeland IDB is hereby authorized to conduct an audit of the Lake District’s books and records regarding compliance with this Agreement, and the Lake District shall cooperate fully with any such audit authorized or conducted by the Lakeland IDB. The Lake District further agrees that the Lakeland IDB and any of its duly authorized agents shall have the right at all reasonable times upon reasonable prior notice to the Lake District to examine and inspect the Project to determine that the Lake District and any of its applicable affiliates and contractors are in compliance with the
Recordkeeping and Accounting. Grantee shall maintain a complete and accurate record of the Grant received and expenses incurred pursuant to the Grant, and shall conduct such internal audits as are reasonably required to verify full compliance with this Agreement. Grantee shall retain such books and records for at least four (4) years after the end of the Grant Term, and shall permit Grantor to have reasonable access to its files, records and personnel for the purpose of making such financial audits, program evaluations, or verifications concerning the Grant or this Agreement, as Grantor deems necessary.
Recordkeeping and Accounting. The agreement will contain provisions related to record keeping and accounting requirements.
