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15 <br />(c) No waiver by the AGENCY/GRANTEE of any tight or remedy granted <br />hereunder or failure to insist on strict performance by the RECIPIENT/ <br />SUBGRANIEE shall affect or extend or act as a waiver of any other right <br />or remedy of the AGENCY/GRANTEE hereunder, or affect the subsequent <br />exercise of the same right or remedy by the AGENCY/ GRANTEE for any <br />further or subsequent default by the RECIPIENT/ SUBGRANTEE. Any <br />power of approval or disapproval granted to the AGENCY/ GRANTEE <br />under the terms ofthis Agreement shall survive the terms and life ofthis <br />agreement as a whole <br />(14) AUDIT REQUIREMENTS <br />(a) If applicable, RECIPIENT/SUBGRANTEE shall provide the following <br />completed documentation to the AGENCY/GRANTEE: <br />• Designation of'Applicant's Agent; <br />• State-Applicant Disastez• Assistance Agreement; <br />• Private Non-Profit Qr•ganization Certification (if required); <br />• Summary of Documentation Form itemizing actual costs expended for' <br />lax•ge project payment requests; <br />• Monthly Progress Reports; <br />• Hard copies of'Single Audit Reports within 60 days of'close of fiscal <br />year.. <br />If'the RECIl'ENT/SUBGRANTEE fails to provide any of the <br />documentation discussed or requested in this Agreement, the <br />AGENCY/GRANTEE will be under no obligation to reimburse the <br />RECIPIENT/SUBGRANTEE for eligible expenses <br />(b) The RECIPIENT /SUBGRANTEE agrees to maintain financial procedures <br />and support documents and to establish and maintain a proper accounting <br />system to record expenditures of disaster assistance funds in accordance <br />with generally accepted accounting principles_or as directed by the <br />Governor's Authorized Representative, to account for the receipt and <br />expenditure of funds under this Agreement If applicable, <br />RECIPIENT/SUBGRANTEE shall conduct audit(s) pursuant to the Single <br />Audit Act of 1984, 31 U S.C. §7501 et..seq.., 44 C.F..R. Part 14, OMB <br />Circular A-133, "Audits of'States, Local Governments, and Non-profit <br />Organizations," and applicable North Carolina laws, rules and regulations.. <br />Further, RECIPIENT/SUGRANTEE must provide a hard copy of the Single <br />Audit Report within sixty (60) days of the close of'its fiscal year <br />Otherwise, pursuant to 44 C.F.R.. §13.43, the AGENCY/GRANTEE may <br />withhold or suspend payments under any grant award. <br />Hazard Mitigation Page 11 FEMA-DR-1490-0005 Orange County <br />Grant Agreement <br />