AG 1999 08 30 - Laserfiche WebLink

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a request for budget revision is submitted and approved by the Energy Division. The written request must justify the need for a reduction of the materials line based on costs contained in the NEAT audit. Any change must not reduce the NEAT audit's benefit to cost ratio below 1 to 1. Section 5: Contracts Under This Agreement. Unless otherwise authorized in writing by the Subgrantee, the Subcontractor shall not assign any portion of the work to be performed under this agreement or execute any contract amendments or change order thereto, or execute any third party consulting contracts, or obligate itself in any manner to any third party with respect to its rights and responsibilities under this agreement without the pdor written concurrence of the Subgrantee. (A) Subcontractor Requirements: The Subgrantee shall require its subcontractor to comply with the requirements of Part 1; Sections 5, 8, 9, 10 and 11 in its Subcontract Agreement(s). Section 6: Establishment, Maintenance, and Accumulation of Accounting Records and. Pro.qram Goals. (A) The Subcontractor shall maintain such records and accounts including property, personnel, financial, and program records, as are deemed necessary by the Subgrantee to assure a proper accounting for all program funds. These records will be made available for the purpose of making audits, examinations, excerpts, and transcription~ to the Subgrantee, the Comptroller General of the Un,ted States or any authorized representative and will be retained by the Subcontractor for three (3) years after the expiration of this contract unless permission to destroy them is granted by the Subgrantee. Funds received under this agreement shall be accounted for separately from funds received from all other sources. (B). Allowable Costs. Expenditures by the Subcontractor shall be reimbursed as allowable costs only to the extent that they meet all of the requirements set forth below: (2) (3) be made in conformance with the Program descriptions and the program budget and all other provisions of this agreement; be necessary in order to accomplish program tasks; be administered in accordance with federal management circulars as follows: a. Federal Management Circular 73-2 (34 CFR 251), entitled, "Audit on Federal Operations and Programs by Executive Branch Agencies"; b. Office of Management and Budget Circular A-87, entitled, "Cost Principles for State and Local Governments"; c. Office of Management and Budget Circular A-102 entitled "Uniform Administrative Requirements for Grant-In Aids to State and Local Governments." d. Office of Management and Budget Circular A-110 entitled, "Uniform e. Office of Management and Budget Circular A-122 entitled, "Cost Principles for Non-profit Organizations";