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Page 7 of 15 <br /> <br /> shall have the right to inspect such retained data as necessary. <br /> <br /> (f) Audits. In accordance ~ith Office of Management and Budget (Obi) <br />Circular A-128, "Audits of State and Local Coverrment", dated <br /> <br />April 2, 1985, and the Single Audit Act of 1984, the Contractor shall <br />arrange for an independent financial and c~liance audits of its fiscal <br />operations. The Contractor shall furnish the Department with a copy of the <br />independent audit report ~ithin thirty (30) days of cc~letion of the <br />report, but no later than one (1) year after the end of the audit period. <br /> <br /> Section 7. Contracts Under This Agreement. Unless otherwise <br /> <br />authorized in writing by the Department, the Contractor shall not assign any <br />portion of the work to be performed under this Agreement, or execute any <br />contract, amendment, or change order thereto, or obligate itself in any <br />manner with any third party ~ith respect to its rights and responsibilities <br />onder this Agreement without the prior written concurrence of the Department. <br />Further, the Contractor shall incorporate the provisions of this Agreement <br />into any vehicle lease arrangement and shall not enter into any vehicle lease <br />arrangement without the prior concurrence of the Department. Any lease <br />approved by the Department shall be subject to the conditions or limitations <br />governing the lease of Project equipment as set forth by ~TA amd the <br />Department. <br /> <br /> Section 8. Purchase of Pro~ect Equipment. The purchase of project <br />equipment pursomnt to this Agreement shall be ondertaken in accordance with <br />either of the options in this Section: <br /> <br /> (a) Purchase by the Department. The Department may act as the <br />procurement agency on behalf of the Project, purchasing equipment through <br />the North Carolina Department of Administration, Purchase and Contract <br />Division. <br /> <br /> <br />