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PART C: FINANCIAL MANAGEMENT <br /> <br />Section 5: Honesty and Fidelity Bond <br /> <br /> The Recipient must comply with the Honesty and Fidelity Bond requirements of the <br />Guidelines, Section 3.3 Honesty and Fidelity Bonds. <br /> <br />Section 6: Establishment and Maintenance of Accounting Records <br /> <br /> The Recipient must comply with the accounting procedures of the Guidelines, <br />Section 3.6: Accounting. <br /> <br />Section 7: Procurement Procedures <br /> <br /> Recipient shall establish written procurement and contracting procedures which <br />provide that proposed procurement and contracting actions will be properly managed in <br />accordance with the Guidelines, section 3.8 Procurement. <br /> <br />Section 8: Annual Audit Report <br /> <br /> The Recipient must comply with the.auditing standards and requirements of the <br />Guidelines, section 3.9 Financial Audit Requirements. <br /> <br />PART D: PROGRAM MANAGEMENT <br /> <br />Section 9: Prozram Guidelines <br /> <br /> The trams of the Agreement are subject to the Guidelines in all respects, whether <br />specifically referenced in this A~eement, and alt defined terms used in this A~eement <br />shall have the same meanings as_used.in .the Guidelines. In the event the Guidelines are <br />revised,_the Agency will_for~vard:.quclxrevisions_to .the_Recipienr_andlherebymake_.them a <br />part of this Agreement. Failure of the Recipient to comply with the temps and conditions <br /> <br />F:~R IVATELHOPD\UR P~UR P97~'UNDING.AGE <br /> <br />Page 4 of 7 <br /> <br /> <br />