State Audit Requirements. If the compensation to be paid by the County under this 2 Agreement exceeds $10,000, the Contractor is subject to the examination and audit of the 3 California State Auditor, as provided in Government Code section 8546.7, for a period of three 4 years after final payment under this Agreement. This section survives the termination of this
State Audit Requirements. If this agreement exceeds $10,000, the Contractor is subject to the examination and audit of the California State Auditor, as provided in Government Code section 8546.7, for a period of three years after final payment under this agreement. The obligations under this section survive the termination of this agreement.
State Audit Requirements. If the compensation to be paid by the SJVIA 15 under this Agreement exceeds $10,000, the Contractor is subject to the examination 16 and audit of the California State Auditor, as provided in Government Code section 17 8546.7, for a period of three years after final payment under this Agreement. This 18 section survives the termination of this Agreement.
State Audit Requirements. 1. An audit shall be conducted by a certified public accountant that is licensed by the State of Illinois to conduct an audit in accordance with Generally Accepted Auditing Standards.
2. Agreement funds shall be included in the Service Provider’s annual audit, unless the MCWN authorizes the Service Provider to have a agreement-specific audit conducted.
3. Upon completion of an audit, an audit report shall be issued and the Service Provider shall provide the MCWN with a copy of such audit report.
4. The Service Provider shall provide the MCWN with a copy of an audit report within 30 days of the Service Provider’s receipt of such audit report, but in no event later than nine months following the end of the period for which the audit was performed. The Service Provider shall send the audit report to the MCWN at the following address: McHenry County Workforce Network Board 500 Xxxxxx Ct. Woodstock IL 60098
State Audit Requirements. A. Grantees are required to provide the BSCC with a program-specific compliance audit that covers the three-year service delivery period of the grant (i.e., July 1, 2025, to June 30, 2028). The audit report will be due no later than the end of the contract term, December 31, 2028. The program-specific compliance audit shall be performed by a Certified Public Accountant or a participating county or city auditor that is organizationally independent from the participating county’s or city’s project financial management functions. Expenses for this final audit may be reimbursed for actual costs up to $25,000.
B. In addition, the BSCC reserves the right to call for a program, compliance or financial audit at any time between the execution of the grant agreement and three (3) years following the end of the grant period. The Department of General Services, the California State Auditor, the Department of Finance, or their designated representative shall have the right to review and to copy any records and supporting documentation pertaining to the performance of this grant.
1. ADVANCE PAYMENTS (Grantee will request advance payment prior to contract execution)
A. Within 45 days of the execution date of this agreement or a later date mutually agreed to by the parties, the BSCC shall disburse 10 percent of the total awarded funds to Grantee. Grantee shall deposit grant funds into a banking account established by Grantee. Grant funds shall not be comingled with any other funds. Any interest earned on the account may only be used for allowable expenses during the grant period. Grantee shall only use grant funds for allowable costs (see Exhibit B, Budget Detail and Payment Provisions, Item 6. Project Costs).
B. With the exception of the one-time advance payment, disbursement of grant funds occurs on a reimbursement basis for costs incurred during a reporting period. The Grantee must submit invoices to the BSCC according to the schedule below, whether or not an advance payment was received or funds were expended.
State Audit Requirements. All records, regardless of physical form, and the accounting practices and procedures of Contractor relevant to this Contract are subject to examination by the North Dakota Department of Environmental Quality, the North Dakota State Auditor, the Auditor’s designee, or Federal auditors, if required. Contractor shall maintain all of these records for at least three (3) years following completion of this Contract and be able to provide them upon reasonable notice. State, State Auditor, or Auditor’s designee shall provide reasonable notice to Contractor prior to conducting examination.
State Audit Requirements. All records, regardless of physical form, and the accounting practices and procedures of Grantee relevant to this Grant are subject to examination by the North Dakota Department of Environmental Quality, the North Dakota State Auditor, the Auditor ’s designee, or Federal auditors, if required. Grantee shall maintain all of these records for at least three (3) years following completion of this Grant and be able to provide them upon reasonable notice. Grantee, State Auditor, or Auditor ’s designee shall provide reasonable notice to Grantee prior to conducting examination.
