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AG 2012 04 16
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AG 2012 04 16
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Last modified
4/18/2012 10:55:43 AM
Creation date
11/27/2017 11:08:33 AM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
4/16/2012
Board
Board of Commissioners
Meeting Type
Regular
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III. MANDATORY CONTRACT TERMS <br />A. Pre -Audit Certificate <br />Whether or not a contract requires expenditure of County funds, it must contain <br />a pre -audit certification signed by the County Finance Director or Assistance <br />Finance Director. This statement shall read: "This instrument has been pre - <br />audited in the manner required by the Local Government Budget and Fiscal <br />Control Act." <br />B. Non - appropriation Clause <br />Non - appropriation clauses must be included in any County contract requiring <br />expenditure of County funds and entered into for terms longer than the then <br />current fiscal year. <br />C.Insurance <br />Unless waived in writing by the County Manager, Deputy County Manager, <br />Finance Director, or Risk Manager in consultation with the County Attorney, all <br />County contracts must include insurance provisions and certificates with <br />minimum limits as referenced in the "Cabarrus County Minimum Insurance <br />Coverage Requirements" found on the WaterCooler (intranet) at <br />htti):H,uuide/ sites /watercooler /safety/ Shared %20Documents /Forms /AllItems.asi)x <br />The County shall be named as an additional insured and it is required that <br />coverage be placed with an "A" rated insurance company acceptable to the <br />County. The contract should provide that the County must be added as an <br />additional insured as evidenced by an endorsement attached to the insurance <br />certificate. The contract must also provide that failure to include the <br />requirement insurance certificates may be cause for contract rejection or <br />termination. <br />Any insurance - related issues or exceptions must be presented and /or approved by <br />the Risk Manager. <br />Page 44 of 48 <br />Attachment number 1 <br />F -6 Page 116 <br />
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