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7 <br />to the pxncur•ement standards set forth in 4 N.C. Administrative Code 19L ..0908 as may be <br />applicable.. <br />Recipient shall likewise ensure that all subrecipient contracts regarding Grant funds oz <br />relating to the Program include all requu•ed contractual elements in order to be in , <br />compliance with all Federal, State and local laws, including but not limited to the provisions <br />contained in 24 C..F R. § 570 503, 24 C F .R § 85.37, and other provisions described <br />throughout this Agreement, where applicable. In any event, the Recipient is liable to DOC <br />and HUD for any improper expenditures, damage, loss oz harm resulting from the failure of <br />any person or entity to comply with any applicable law, rule, regulation or requirement <br />regarding the Grant funds and/or the Program, including but not limited to an act or <br />omission by a subrecipient ox• other third party. the Recipient agrees to periodically and <br />rigorously monitor and audit its subrecipients and other thud parties to ensure compliance <br />with all applicable requirements.. <br />Any subcontracts oz subrecipient agreements entered into by the Recipient with Giant funds <br />shall be subject to all terms and conditions of this Agreement. Payment of'all subcontractors <br />and subrecipients shall be the sole responsibility ofthe Recipient, and DOC shall not be <br />obligated to pay for any wozk performed by any subcontractor or subrecipient. the <br />Recipient shall be responsible for the performance of all subcontr•actoxs and subrecipients <br />and shall not be relieved of any of the duties and responsibilities ofthis Agreement as a <br />result of'entering into subcontracts or subrecipient agreements. <br />5 . Chan es to Agreement.. Recipient agrees that DOC may supplement or modify this <br />Agreement as may be necessary to implement additional or modified Federal or State <br />guidance regarding implementation of the CDBG program <br />6. Conflict of'lntex•est.. Recipient agrees to comply with all applicable conflict of <br />interest provisions, including but not limited to those found at 4 N..C .A C . 19 L ,0908 <br />and ..0914, N..C. Gen Stat § 14-2.34, 24 C..F,R~ § 85.36, 24 C.F.R § 570.489 (g) and <br />(h), and 24 C..F .R § 570 611, where applicable, copies of'which may be obtained <br />fram DOC <br />Except for eligible admixristrative oz personnel costs, the general rule is that no persons <br />described in the following sentence who exercise oz have exercised any functions oz <br />responsibilities with respect to grant activities assisted under this Agreement or who axe in a <br />position to pariacipate in adecision-making process oz gain inside information with regard to <br />such activities, may obtain a financial interest or benefit from aGrant-assisted activity, or <br />have an interest or benefit from the activity, oz have an interest in any contract, subcontract <br />ox agreement with respect thereto, o> the proceeds there under, eithez for themselves oz those <br />with whom they have family or business ties, during their tenure or fox one year thezeafter <br />The conflict of interest summary in the sentence above generally applies to any person who <br />is an employee, agent, consultant, officer, ox elected official or appointed official of'the state, <br />ox of a unit of general local government, ox of any designated public agencies, or Recipient <br />ox applicable third parties which ar•e x•eceiving CDBG grant funds <br />Recipient agx•ees to include these same pzohibitions in all such contracts or subcontracts with <br />any subrecipients or' athei third parties relating to the Program.. <br />